OREANDA-NEWS. April 20, 2011. Kreditprombank offers for retail customers the updated programme of lending for purchase of residential real estate in the secondary market, reported the press-centre of Kreditprombank.

The loans are granted for the term up to 10 years, the down payment of the customer makes at least 40% of amount of loan. The interest rates make from 17,5% to 23% per annum depending on down payment and lending period. The interest rate is fixed for the whole lending period.

The single commission fee for granting of loan amounts to 1,75% of its amount. Besides there are no monthly fees, hidden additional expenses of customers, penalties for early repayment of loan. In addition, the bank does not require any additional collateral: the loan is secured by the acquired residential real estate.