Mortgage facilities Provided in co-operation with LAIKI GROUP & BANK OF CYPRUS
Term
Without life insurance when customer is not considered insurable by Laiki Cyprialife
Basic plus 0% for two years and basic +1,75% from the third year for a period of 15 years and above (APR 6,09%)*
Basic plus 1,85% from the first year, for a period of up to 14 years (APR 6,64%)**
Basic plus 1,85% from the first year, for loans without life insurance or for the purchase of a building site/land (APR 6,64)**
with term insurance 10-25 years
without life insurance 5-15 years
30%
Increase up to 40% when customer's income is not verified
Without life insurance when customer is not considered insurable by the bank
Up to 15 years
for a longer period the approval of Central Bank is required