Exchange rates - 2010-07-21
| Buy | Sell | |
| USD | 3,0329 | 3,3859 |
| EUR | 3,8443 | 4,2536 |
| CHF | 2,8589 | 3,2565 |
Mortgage loans
Purpose of loan
We provide loans for purchasing an apartment or a house on primary and secondary markets; for building of a house; for renovating, modernizing or finishing a dwelling; for repaying and consolidating other loans; loans for any other purposes.
Borrower
We accept any regular income including:
- employment contracts
- management contracts
- business activity – (any form of taxation )
- fee-for-task agreements and contracts for a specific task, property lease agreements, retirement pays and other pensions, dividends and other income from capital, foreign sources inclusive.
We will give you a loan even though you may not have Polish citizenship or a permanent residence permit.
Loan amount
The maximum amount you can be loaned equals 70% of the value of the property (including that owned by a third person) in Poland.
You can also receive a loan for loan charges, such as a banking commission, insurance costs, costs of mortgage registration, valuation of property, notary’s fees and the estate agency’s commission.
Collateral for loan
The basic collateral for loan is:
- effective mortgage registration in the land register in favour of the Bank for property in Poland
- assignment of rights under a contract of property insurance against fire and other random incidents
- property insurance against loss of value
If you own no property to be put up as a collateral for your loan, we accept security on more than one real estate or property owned by a third person.
