Mortgage loans for unregistered facilities included in offer of Societe Generale bank

Societe Generale bank has offered the mortgage loans for non-registered facilities, with the state’s subvention and from the bank’s funds, to present and future clients. The clients of Societe Generale bank who decide to buy unregistered real estates can choose the loan with either alterable or fixed interest rate that is not influenced by the growth of EURIBOR.

Repayment period for the loans approved from the bank’s funds ranges between 5 and 25 years, while subsidized loans for procurement of unregistered real estates can be repaid over the period of up to 30 years. Effective interest rate in the model with the fixed interest rate is 6.50%, while the effective interest rate for the loan with alterable interest rate amounts to EURIBOR + 1.5%.