Housing Loan  
 
for foreign citizens and Bulgarians who live and work outside Bulgaria
 
If you certify your credit liabilities by a credit report from a credit bureau/credit register, you could:

• Receive a loan to the value rate of up to 80 % of the market valuation of the real estate which serves as collateral of the loan whereas your own participation towards the deal price is 20 %. The loan amount is determined solely by the Bank valuation of the proposed collateral–there is no other limit for the maximum loan amount or the maximum loan exposure
• Choose the repayment term of up to 25 years
• Apply for a second loan from DSK Bank – after 3 months as of the date of approval of the first loan

If you do not certify your credit liabilities by a credit report from a credit bureau/credit register, you could:

• Receive a loan to the value rate of up to 70 % of the market valuation of the real estate which serves as collateral of the loan whereas your own participation towards the deal price is 30 %. The loan amount is determined solely by the Bank valuation of the proposed collateral–there is no other limit for the maximum loan amount or the maximum loan exposure
• Choose the repayment term of the loan of up to 20 years
• Apply for a second loan from DSK Bank – after 6 months as of the date of approval of the first loan
   

Furthermore, you can:

• Receive the loan at  7% - 7.50% annual interest rate depending on the loan currency
• Choose the loan currency – BGN, EUR or USD
• Provide as collateral the property you wish to purchase or other real estate on the territory of Bulgaria
• Receive the loan as a lump-sum or draw at several stages (for loans for purchase of real estates under construction)
• Take advantage of a grace period of up to 12 months in which you pay only interest on the loan
• Chose a repayment option – even monthly installments or diminishing monthly installments
   

In addition, you can:

• Choose the way you apply for the loan: via an authorized person, personally or with the help of an intermediary agency which will take care of all the necessary steps for you and will represent you in front of DSK Bank
• Coose the bank branch (in Bulgaria) where you could apply for a loan amongst any the below-mentioned locations of DSK Bank  You will enjoy fast, high quality service from our loan specialists who are fluent in English.

For further information, please contact Rockarch Estates.