CKB

CKB housing loans

  • Maturity: 1 to 25 years
  • Loan purpose:purchase of flat
  • even for flats under constructions without additional collateral

Product description

Apply for a CKB housing loan with most convenient method of calculating interest. CKB housing loan is intended for the purchase of a new flat or a flat under construction with a maturity of 1 to 25 years and the amount of 5.000 to 300.000 EUR. As a special, CKB housing loan also includes a new credit option "room plus" means simply closing the existing housing loan, applying for new and existing flat replacing with larger. Another advantage of CKB housing loan is approvalwithout life insurance policies of any loan participants.

Non-residents without labor contract in Montenegro could also apply for CKB housing loan, but in that case maximum LTV is 50%.

Conditions of approval

that client is receiving monthly payment/pension through CKB account (min. 1 month salary or pension history in CKB),
for clients up to 65 years of age involvement if surety is not required,
above 65 years of age the involvement of surety is required,
  • administrative ban on salary/pension of the debtor – optional,
  • administrative ban on salary of the co-debtor/surety– optional,
  • promissory note provided by the debtor and authorization on the promissory note,
  • promissory note provided by the co-debtor/surety and authorization on the promissory note,
  • first level Mortgage on real estate in favour of the Bank registered in Land Registry,
  • insurance policy for real estate provided as collateral with the bank as beneficiary,
  • term deposit (blocked) – min. 20% of loan amount in case of mariners,
  • alternative mortgage for flats under construction.

Required documentation

For private individuals as employees

  • filled and signed application,
  • copy of the personal identity card or passport,
  • redundancy statement,
  • certificate of employment and of the salary,
  • signed administrative ban on the salary– optional,
  • land registry sheet – not older than 30 days,
  • pre-contract with seller/constructor.

For private individuals as pensioners

  • filled and signed application,
  • copy of the personal identity card or passport,
  • pension check,
  • signed administrative ban on pension,
  • land registry sheet – not older than 30 days,
  • pre-contract with seller/constructor.

For private entrepreneurs

  • filled and signed application,
  • copy of the personal identity card or passport,
  • land registry sheet – not older than 30 days,
  • certificate from state revenue services that client has no outstanding debts,
  • last year’s tax statement,
  • signed administrative ban on the salary/pension of co-debtor/surety– optional,
  • pre-contract with seller/constructor.

Information

More details about the product clients can get by visiting the nearest CKB branch or by calling the CKB Call Centre at 19894. All necessary documents for applying for this loan are available at all CKB counters, as well as on our website.
Principal amount (EUR)? *
1000 EUR
Min amount value is 1000 EUR and Max amount value is 300000 EUR.
Repayment period (m) *
12 m
Period is between 12 m and 300 m.
Interest rate (%) *