Personal needs loan with mortgage
Do you want to renovate or equip your home? Do you want to travel all over the world? Do you want a new car? Would you like a holiday house?
If YES, then apply now for the Personal needs loan with mortgage.
Advantages
- You can obtain a big sum of money with no need to justify its use;
- You can have several types of income (salaries, pensions, income from freelancing, copy rights, rents, etc.);
- 0% monthly credit management fee;
- 0% early repayment fee;
- The real estate (apartment, house) you secure the credit with can be in your property or of any other person;
- You have lower interests if you choose an account package and collect at least RON 2,000 monthly in the package account.
| Characteristics | RON |
|---|---|
| Minimal amount | 35,000 |
| Maximum amount | 1,000,000 |
| Maximum period | 5 years |
Interests and fees
Interests
| Product | CCB value (%) | Fixed Margin (%) | Variable interest (%) | APRC (%) |
|---|---|---|---|---|
| Consumption credit – with salary collection* | 5.90 | 4.80* | 10.70 | 12.45 |
| Consumption credit – without salary collection | 5.90 | 5.30 | 11.20 | 13.01 |
For a loan with a variable interest rate of RON 150,000 for 5 years, with the collection of the salary/pension* at Exim Banca Romaneasca, the monthly installment is 3,238.97 RON, APRC 12.45%, the total amount payable 198,553.52 RON.
* including the clients holding an account package and collecting at least RON 2,000 monthly in the package account.
The interest rate is variable and quarterly revised on January 1st, April 1st, July 1st, October 1st, considering the consumer credit benchmark (IRCC) value calculated by NBR at the end of each quarter, according to the calculation methodology regulated by GEO 19/2019 and published on NBR’s website on the last working day of the quarter.
Fee
| Fee | RON |
|---|---|
| File analysis fee | 0 – with salary collection 1,600 – without salary collection |
| Monthly credit management fee | 0% |
| Early repayment fee | 0% |
| Sole fee for services upon consumer’s request | 500 RON |
Other costs to be paid by the client
- Real estate insurance policy – the cost differs depending on the insured amount and/or on the company where the insurance policy was signed.
- Registration tax with the National Real Estate Publicity Register – RON 87.6.
- Notary’s taxes and fees – the cost differs depending on the taxes and fees practiced by Notaries Public authenticating the mortgage contract.
- The cost of the evaluation report of the real estate brought as guarantee – will be borne by the client prior to the granting of the loan. The cost set and charged by the agreed valuation companies: 500 RON for apartments, 600 RON for ground floor houses with afferent land and 800 RON for double-decker villas with afferent land.
Eligibility criteria
You can apply for a credit if:
- You are a Romanian or foreign citizen with permanent or temporary residence in Romania or with residence in OECD/EU countries;
- You are at least 22 years old and not more than 70 years at the end of the lending period;
- The family monthly income is at least RON 1,200;
- You can present up to two co-debtors, relatives and in-laws up to the 1st degree.
Guarantees
- First rank or lower rank real estate mortgage, provided the higher ranks are in favor of EximBank, established over the real estate in credit beneficiary’s property or of other natural persons;
- Insurance policies of the finished building;
- Movable mortgage over the accounts opened with us;
- Collateral deposits.
Required documents
- Identity documents of the applicant, husband/wife and co-debtor;
- NAFA accord;
- Real estate ownership documents, cadaster documentation and registration of the property right;
- Identity documents copies of the mortgage guarantors;