Greece REAL ESTATE MORTGAGE LOANS BANKS
Credit type
At the mortgage in Greece calculation of payments can is spent both on àííóèòåòíîé and under the differentiated scheme, accessible as well for real estate refinancing in Greece.

The borrower
As the borrower can act both the private person, and the company.

The size of the mortgage in Greece
The minimum size of the credit in Greece makes ˆ100,000. The size of the mortgage is limited only by that its sum cannot exceed 80 % from estimated cost of the real estate (which it can appear below market).

Conditions
From 5 till 30 years, an age maximum of 70 years.

Expenses
Gathering of banks of Greece vary a little, but, as a rule, make 1 % from the sum of the hypothecary credit. Expenses will make the properties connected with an estimation from ˆ85 to ˆ350, the credit, the stamp duty is paid in size. Notarial and admission fees, and also the stamp duty will make from 0,65 % to 1,8 % from the sum of the credit depending on bank. Also you will need to pay cost of consideration of the statement depending on bank from 30 to 200 Euros.

Requirements to the borrower
Lowell Finance will consult under requirements of banks of Greece to the borrower, for the purpose of the understanding, what factors are most important for bank.

We will give you the information on you can count on what conditions proceeding from a real estate project cost in Greece, your property and a financial position.

As for each bank your solvency the majority of banks giving out the mortgage in Greece considers your existing obligations and payments in Russia, including payments under the mortgage / to rent, personal and bank credits, and also the alimony is to the greatest degree important.

Banks demand income acknowledgement without fail. It can be inquiries on wages, accumulation or the income of investments. However not all creditors take into consideration these documents.

Lowell Finance has direct agreements with the majority of banks of Greece giving the mortgage for the Russian borrowers.

Insurance
Insurance of got property is an indispensable condition. As to life insurance it is not obligatory in most cases, but we recommend life insurance and we can give independent council concerning property and real estate insurance abroad.