Mortgage Loan in Slovakia

Do you want to buy, build or modernize an apartment, house or cottage? Contact Us.

Contact Us

Mortgage Loan in Slovakia – Our services 

Our company cooperates with the majority of Slovak banks. Due to the large turnover our foreign clients receive loans on more favorable rate starting at 3% per annum.

Our company will prepare a complete set of documents required for the mortgage loan, including expert’s opinion on the real estate price as well as prepare a feasibility study of real estate investment in Slovakia.

For more information, please Contact US.

Mortgage for housing

Do you want to buy, build or modernize an apartment, house or cottage?

What is Mortgage?

  • a purpose loan collateralized by a property,
  • you can use it to refinance purchase, construction or modernization of an apartment, a house as well as a holiday cottage,
  • you can draw money as soon as conditions specified in the loan contract have been met,
  • you can choose conditions according to your needs not only when taking out the loan, but we will adapt them to your current situation during repaying period.

Why choose Mortgage with Us ?

  • you can design the loan to your liking
  • you will save on interest and fees
  • you submit only minimum documentation
  • you can repay special installments up to 20% per year free of charge

How will my monthly installments change

It is up to you what interest rate fixation period you choose. You can fix the interest rate for 1, 3, 5 or 10 years. The interest rate and monthly instalment amount can be calculated using the calculator.

Mortgage for the young

Are you under 35 and are you thinking about getting own housing?

With the Our Mortgage for the young your dream may come true and you can get even more favourable conditions thanks to the state contribution.

Why choose Mortgage for the young?

  • with the state contribution, you get lower interest rate and therefore lower instalments
  • you can apply for deferral of principal instalments
  • you can make extra payments or repay the loan early free of charge
  • you can reduce monthly payments by up to a half of its amount for a period of 24 months in the case of childbirth

You are entitled to the state contribution, if:

  • you are 18 – 35 years old; when applying for the mortgage as a couple, you both must meet the condition
  • your average gross income in the previous calendar year did not exceed 1.3 times the average monthly nominal wage in the Slovak economy
  • in the case of a couple, income of applicants is added – i.e. the sum of income cannot exceed 2.6 times the average nominal wage

How will my monthly installments change?

It is up to you what interest rate fixation period you choose. You can fix the interest rate for 1, 3, 5 or 10 years. The interest rate and monthly instalment amount can be calculated using the calculator.

The state subsidy for the young for year 2017 is provided as follows:

  • the state will give you 2% discount on the interest rate in the form of reduced monthly installments
  • Some Banks will give you 1% discount on the interest rate

The process of obtaining a mortgage

 

The process of buying a real estate and obtaining a mortgage in Slovakia has several:

  1. Searching for and choosing the most appropriate real estate
  2. Signing of a precontract
  3. Gathering and turning in the documents for the loan
  4. Credit approval by bank
  5. Contract of sale signing
  6. Transfer of money that is not covered by the loan (30-50 of the price)
  7. Changes in the Real Estate Registry
  8. Money transfer from the bank

Refinancing mortgage

Do you repay a mortgage in another bank and would like to have better conditions?

Mortgage for refinancing is designated for you to repay the original mortgage.

To apply, you just need the following documents:

  • the original loan contract
  • an identity card
  • an expert opinion for the mortgaged property

Why refinance?

  • you can get a favourable interest rate and therefore lower instalments
  • you can annually repay up to 20% of the mortgage loan free of charge
  • we will send the money to repay the original mortgage directly to the original mortgage account

All conditions of the mortgage in Slovakia are included in the mortgage contract.

For more information, please Contact US.