At the Volyn Regional Branch of CB "PrivatBank," with the onset of May, the first mortgage center in the Western region began operations. Thanks to its loans, young families received a unique opportunity to solve their housing problem, – the press service of VHRU "PrivatBank" reported to the Western Information Corporation.
The mortgage center, which has just opened in the premises of the Volyn Main Regional Branch of "PrivatBank," offers young families the opportunity to solve their housing problems through mortgage lending. "PrivatBank" has developed a new scheme for the "Housing on Credit" program, which has no analogues in Volyn and, compared to existing ones, is endowed with a number of advantages.
According to Mykola Romanyuk, manager of VHRU CB "PrivatBank," a loan can be provided for a term of 20 years. Moreover, no down payment is required here. From the proposed registry, the client can choose an acceptable housing option, visit and inspect it together with bank employees, and complete the loan agreement within 30-40 minutes. A notary also works on-site and certifies it immediately.
The loan interest rate is 1% per month. However, according to the agreement between VHRU "PrivatBank" and the regional branch of the Fund for the Promotion of Youth Housing Construction, three-quarters of this amount will be compensated to young families.
The program also provides a number of additional services to the client. The borrower is issued a mortgage certificate, which guarantees the issuance of a certain loan amount. A free credit card is also issued in the amount of 5% of the loan sum. At its own expense, the bank also carries out an expert evaluation of housing for its clients.
In the near future, VHRU "PrivatBank" plans to open such centers in other cities of the region as well.