OREANDA-NEWS. May 23, 2008. SlavinvestBank changed its terms of mortgage lending and launches a new Decrease Your Rate option, reported the press-centre of SlavinvestBank.

Now all clients, who want to get a mortgage loan, can decrease the interest rate 0,5% if the lump commission for opening and maintaining the loan account is increased 2,5% of the sum received. The standard commission rate is 1%. The minimum loan rate will be 8,75% per annum in USD.

Moreover SlavinvestBank abandons the commission for loan application consideration.

For clients, who are applying for a mortgage loan, enjoy an extra service, which suggests the possibility to settle with the real estate seller on the transaction day after submitting documents to government registration. This is very convenient when performing an alternative transaction while purchasing an apartment.

The Apartment mortgage programme is aimed at buying an apartment in the secondary housing market with the initial installment being no less than 15% of the price. The loan term varies from 7 up to 25 years. The application consideration term is up to 5 days. The interest rate starts from 9,25% per annum in USD and 11,5% in RUB.