OREANDA-NEWS. October 17, 2012. According to data of the State Mortgage Institution, Kreditprombank entered top 5 of the rating of the SMI banks-partners by number of granted in this September loans for purchase of housing in the secondary market, reported the press-centre of Kreditprombank.

As a reminder, in the middle of 2011 the State Mortgage Institution in order to stimulate development of the mortgage lending in Ukraine, renewed the active operations on refinancing of loans for purchase of housing in the secondary market. Kreditprombank is included into the limited list of banks-partners of SMI.

Actually within the partnership programme Kreditprombank has granted such loans in total amount over UAH 19 MIL. Only since the beginning of this year the bank has already granted about 45 loans, and it is over 10% of total number of those loans granted this year to customers in all banks-partners of SMI.

Thanks to cooperation with SMI the bank has opportunity to propose loans for purchase of housing in the secondary market at profitable and comfort for borrower terms. Therefore, the fixed interest rate on this loan amounts to 15% per annum, the down payment of customer makes from 25% of the cost of housing. The loan is granted for the term up to 30 years. Its maximum amount is up to UAH 1 MIL (depending from location of housing). There are no monthly fees and hidden additional expenses of customers. In addition, the bank does not require any additional security: the loan is secured by the housing purchased.