MBC’s Mortgage Loan funds the purchase, construction or renovation of an apartment, house, summerhouse or office, with a promotional effective interest rate starting from 21.1%. Loan terms can extend up to 120 months.
The product is part of MBC’s broader retail lending range and, like its other loans, may be considered regardless of credit history. The real rate is set individually at the time of borrowing.
What's good
- Covers purchase, construction and renovation
- Long term up to 120 months
Trade-offs
- Rate well above bank mortgage rates
- Real rate set individually
