Housing Loans

‚ÄčHousing Loans for Purchase/Construction/Reconstruction

Tirana Bank is near you and will continue to support your needs!  

 

I. Home Purchase Loan

Loan Amount:

Min. 5.000 EUR (equivalent in ALL)
Max. 150.000 EUR (equivalent in ALL)
Financed limit:

Up to 70% of the financed property.

 

Interest Rate:

ALL (Payroll/Standard)  

3.5% Fixed the first year

Then Tribor 12M + 1.6%, Minimum 4 %

 

EUR (Payroll/Standard) 

2% Fixed the first year

Then Euribor 12M + 3.7%, Minimum 3.7%

 

Loan Duration

From 5 - 30 Years

Repayment method

Monthly instalments (principal+ interest)

Collateral:

First-class mortgage on the funded property or other property that meets the Bank's terms.

Documentation

Copy of the ID card or the passport
Family certificate issued in the last 3 months
Official Payment Slip or if self-employed: Copy of the business license, Tax/Return/Tax declaration/Official Monthly or Yearly Certificate.
Mortgage Deed.
Bank reserves the right to request additional information if necessary.

 

II. Home Construction Loan

Loan Amount:

Min. 5.000 EUR (equivalent in ALL)
Max. 150.000 EUR (equivalent in ALL)
Financed limit  Up to 70% of the financed property.

 

Interest Rate

ALL (Payroll/Standard)  

3.5% Fixed the first year

Then Tribor 12M + 1.6%, Minimum 4 %

EUR (Payroll/Standard) 

2% Fixed the first year

Then Euribor 12M + 3.7%, Minimum 3.7%

Loan Duration

From 5 - 25 Years

Repayment method

Monthly instalments (principal+ interest)

Collateral

First-class mortgage on the funded property or other property that meets the Bank's terms.

Documentation

Copy of the ID card or the passport
Family certificate issued in the last 3 months
Official Payment Slip or if self-employed: Copy of the business license, Tax/Return/Tax declaration/Official Monthly or Yearly Certificate.
Mortgage Deed.
Construction project and costs financial project.
Bank reserves the right to request additional information if necessary.

Note: Loan for purchase or construction is offered in ALL / EUR currency.

 

III. Home Reconstruction Loan

Individuals aged 18 - 65 (until the maturation) can apply.

Amount: Min. 1.000.000 ALL - Max. 13.500.000 ALL

Limit of financed: Up to 50% of the collateral value

Loan duration: Up to 10 years

Collateral: The house that will be reconstructed or another residential house mortgage that meets the criteria.

Currency: ALL

ALL (Payroll/Standard)  

3.5% Fixed the first year

Then Tribor 12M + 1.6%, Minimum 4 %

For more information contact our branches or call for free InfoBank 0800 68 68.
Note: H
ome purchase and construction Loan is offered in LEK and EURO.