Loan conditions

Inquery form


Loan recipient

An adult citizen of the Republic of Lithuania or a person having permission to live in Lithuania. Also, a loan may be granted to the legal entities registered in the Republic of Lithuania. The borrower may not be younger than 18 year-old; no other age-related restrictions apply. A loan may be taken together with a spouse or cohabitant.

The property pledged for the purpose of granting a loan must be located in major Lithuanian cities or their surroundings. The property may be: an apartment, a house, a cottage, a part of a house, a land lot (of non-agricultural purpose).

The amount of a loan may be from 1 500 EUR to 50 % from the value of the pledged property, however, no more than 1000 000 EUR.

The maximum loan repayment period is 10 years. The loan repayment period may be from 1 month to 20 years.

From annual interest of 12% from the loan amount.

Pledge

Real estate, owned or purchased by a borrower or a third person: an apartment, a house, a garden, a land lot in Vilnius, Klaipėda, Kaunas, Palanga, Šiauliai and in the immediate vicinity of these cities.

Loan repayment

The loan can be repaid in several ways:

  • In monthly instalments, which include a loan repayment portion and an interest portion.
  • Paying interest each month and repaying the principal part of the loan at the end of the period.

Loan purpose

The borrower can use the loan at his / her discretion, no restrictions apply.

Documents needed to get a loan

to a natural person:

  • In case of pledging of non-standard property, a valuation report on the pledged property is required (prepared not earlier than 3 months ago)
  • Filled application
  • A copy of the personal identity card or passport

to a legal person:

  • A valuation report on the pledged property is required (prepared not earlier than 3 months ago).
  • Filled application
  • A copy of the personal identity card or passport of the company’s representative or authorized person
  • Annual report for the previous year
  • Quarterly financial reports and income statements for the current year

Service fees

  • Application review FREE OF CHARGE
  • Conclusion of loan agreement 3 % оf loan amount, min 150€
  • Prepayment 5% of loan amount, min 300€
  • Change of loan agreement 1,5% оf the remaining loan amount
  • Contract Violation Notice 10€
  • Certificates, notes, permissions, reports, etc. from 100€