Best pricing on the market – 5,88% for the first year

Five different repayment schemes with fixed interest for the first three, five, ten years or the whole duration of the loan

Maximum grace period for interest payments

Season-adjusted repayment plans

Fastest response rate

Bulbank now offers the best interest rate of 5.88% for the first year on mortgage loans. The promotional offer is to be in force by the end of the year. To provide best service and certainty to its clients Bulbank will grant an answer to the mortgage application within 48 hours and if needed will provide the client with a mortgage certificate.

Bulbank has implemented flexible interest rate policy comprising five different interest plans. The Bank provides 5.88% interest rate for the first year, while the interest for the remaining period is formed as the sum of the Base interest rate of Bulbank and the addition of 5.55%.

Bulbank customers may also benefit from the promotional program for longer periods – 3, 5, 10 or 25 years. For the 3-year plan the interest is 6.48%, for the 5-year plan the interest rate amounts of 6.78%, and the 10-year period – 7.18%. After the expiry of the promotional periods the rate is formed as bank base interest plus addition of 5.55%. The customers may also embrace the offer of fixed interest rate for the maximum maturity on Bulbank’s mortgage loans – 7.78% for 25-year period.

Bulbank – mortgage options

Period	1 year	3 years	5 years	10 years	25 years
Fixed interest period	5,88%	6,48%	6,78%	7,18%	7,78%
Remaining period	BIR+5,55%	BIR+5,55%	BIR+5,55%	BIR+5,55%	-

Bulbank will provide option for 6-month maximum grace period on the interest payments. Thus the Bank eases the customers during the period following the expenses they have accumulated for the loan disbursement and the purchase of the lodging.

BULBANK MORTGAGE PROGRAMME

The Mortgage Programme of Bulbank offers five different credits for variety of purposes – purchase or construction of a new house, construction of a house together with the construction company, purchase of new property while the clients repay another loan or sell another property.

Bulbank has changed the conditions on its mortgage program in order to provide the customers with the opportunity to choose among different redemption plans. The Bank offers seasonable repayment of the loans with the so called corrected installments. The scheme is valid irrespective whether the loans are payable upon annuities or decreasing installments. Thus the customers are able to pay less during the winter time, when all communal payments grow heavier.

In case, the client has signed annuities-repayment contract, during the winter time (from November till April) the client is to pay only 80% of the installment payable upon non-corrected installment plan. During the summer (from May till October) 120% of the non-corrected installment are to be redeemed. For the loans with decreasing installments during the winter period the customers pay 50% of the non-corrected installment and during the summer – 150%, respectively.

Bulbank also reduces the management fee for the first year of the loan to 0.9%. Additionally, the customers with UNICO packages will benefit a decrease for up to 0.08% of the interest rate for the whole maturity of the loan.

During the campaign each Bulbank customer with mortgage loan may take the advantage of purchasing housing furniture or technical equipment from the trade partners of the Bank.