Housing Loans

The loan may be used to purchase a new or an old apartment or house with a land from physical or legal entities, to build or upgrade a house, as well as to refinance a housing loan obtained from another bank. 

If you would like to purchase any of the aforementioned items, we do not expect you to possess the whole sum necessary for the purchase. All you need to do is take advantage of the "Housing Loan” program offered to you by UNIBank

  • “Housing Loan Programme” Conditions
  • Commissions and fees
  • Conditions to be met by the loan applicant
  • Documents required
  • Loan application processing procedure 

Loan amount

  • up to EUR 100,000.00 for loans in Macedonian denars with a foreign currency clause
  • up to MKD 900,000 for loans in Macedonian denars


Nominal interest rate

  • For loans in MKD with a foreign currency clause:

    - 3.30% fixed interest rate in the first 3 years and 5.30% variable interest rate for the remaining period, for clients receiving their salary at UNIBank
    The above stated interest rates will be aproved only if the loan seeker uses or becomes a user of at least three bank products such as: overdraft, credit card, e-banking or SMS-service.
    - 5.50%  fixed interest rate in the first 3 years and 6.50% variable interest rate for the remaining period, for clients not receiving their salary at UNIBank

  • For loans in Macedonian denars:
    - from 9%

Calculation method


Loan amount

  • up to 75% of the estimated market value of the property

Repayment period

Up to 300 months with a possible grace period of up to 12 months for loans in MKD with a foreign currency clause
Up to 120 months for loans in MKD.

Manner of use of  funds

One-off, upon presentation of the following documents by the borrower:

  • Title deed with a registered mortgage

Payment method

In order to facilitate family planning of monthly expenditures, the loan is repaid in equal monthly annuities. Partial or complete early repayment of the principal amount is allowed. In case of early repayment, the interest is deducted and a 5% early repayment penalty is charged.


  • Real estate mortgage
  • Bill of Exchange and Bill of Exchange Statements
  • Consent with direct deductions from the salary of the applicant and co-applicant

Application response deadline

Within five working days following submission of the complete and duly filled out documentation.

Real estate insurance

The real estate is insured at the expense of the borrowers.

Real estate appraisal

The appraisal is at the expense of the borrower in the first year only; in all subsequent years, it is at the expense of the bank.



Loan review and processing fee

  • 0% commission of the loan approved for customers receiving their salary at UNIBank
  • % commission of the loan approved for customers not receiving their salary at UNIBank
  • Loan application review and processing fee for loans in MKD:
    - MKD 1,200

Early repayment fee

5% of the early repaid principal

Age limit

Applicants must be creditworthy individuals of Macedonian citizenship and at the age between 18 and 70, including the loan repayment period;

Borrower(s) income required

The monthly annuities must not exceed ½ (one-half) of the applicant’s and co-applicants’ total income or the applicant’s and co-applicants’ income remaining after deducting the monthly annuities from the total income declared must not be less than MKD 20,000
Additional income that may be documented is taken into account in the assessment of the clients’ creditworthiness at the Bank’s discretion.

Review procedure of your loan application

Once you fill in, date and sign the loan application forms and submit the necessary documents to the bank, the loan inspectors i.e. officers of UNIBank commence checking and analyzing the information submitted.  
This process lasts approximately 5 days, depending on the characteristics of each loan application.
Some loan applicants find certain loan-related issues unclear. Feel free to refer to our officer in connection with all the things you find vague and the things you should expect - THEY ARE YOUR LOAN CONSULTANTS.

The loan application is reviewed in two phases:

Phase one
During this phase, the Bank checks whether the loan applicant meets the requirements of the bank and determines the maximum loan limit as well as the repayment period.  At this phase, if necessary, a bank employee may contact you and invite you for another meeting at the bank in order to further specify some additional data regarding your loan application. You will be informed by the Bank by phone of the decision made, i.e. whether your application will be processed further. 

Phase two
During this phase, the bank performs checks of any registered encumbrance on the property serving as loan collateral. If no such encumbrances exist, the property is appraised by an Authorized Court Appraiser. The real estate appraisal costs are at the expense of the loan applicant in the first year only; in all the subsequent years, they are borne by the bank. If the results of the appraisal are positive, you will be invited by the Bank to conclude a loan contract.

1. Documents evidencing financial creditworthiness of clients

  • Loan application
  • Personal identification card of the loan applicant/ co-applicant
  • M-1/M-2, employment contract of the loan applicant/ co-applicant (for private sector employees).
  • Certificate by the employer stating the net salary received by the loan applicant/ co-applicant over the last 12 months + certified forms of monthly calculation of the salary for the last 6-12 months for private companies (recapitulation).
  • Consent with direct deduction of annuities from the salary
  • Related parties statement
  • Other documents evidencing income
  • Other loan contracts

2. Property documents

  • Personal identification card of the property owners
  • Documents for ownership of the property being mortgaged (Title deed)
  • Certificate for non-mortgaged immovable property issued by the court
  • Documents evidencing the family status of the owners of the property proposed as collateral (extract from the registry of marriages or the registry of births). 
    * Not compulsory upon submission of the application, but clients must have it for the public notary verification procedure.
  • Additional documents as requested by the bank.