It is very important in life to have your home, a place where you can feel cozy, calm and relaxed. We offer you a mortgage where the choice of an apartment or flat is totally in your hand. The home loan is valid for all residents or non-residents with legal residence and employment in Albania, permanent or temporary employees in companies, sailors, retirees, entrepreneurs (who have been operating for at least one year) as well as for customers with other verifiable income.
Benefits
- Professional advice on the real estate market.
- Professional advice on the real estate market.
- Adjust the loan according to your financial situation.
- Fast and easy processing.
- If you have a salary in OTP Bank Albania there are more benefits.
Required documents
- Proof of income (from salary, rent, or both) ;
- Identification Documents (ID or Passport) ;
- Collateral documents.
Credit Security
- Real estate mortgage with coverage of 130% of the loan value.
- Deposit with coverage of 110% of the loan value.
- Co-borrower required
- Life and Property Insurance at the rate of 110% of the loan
General conditions
- Maximum amount: up to 300,000 Euro
- Term: up to 25 years
- Currency: ALL, EURO, USD
- Interest Rates *::
LEK: 2.4% fixed for the first year; Other years Treasury Bills + 1.50%, Min 4.0%;
LEK: 3.5% fixed for the first 2 years; Other years Treasury Bills + 1.50%, Min 4.0%;
LEK: 4.0% fixed for the first 3 years; Other years Treasury Bills + 1.50%, Min 4.0%;
EUR: 1.4% fixed for the first year; Other years Libor (EUR) + 3.75%, Min 4.0%;
EUR: 2.5% fixed for the first 2 years; Other years Libor (EUR) + 3.75%, Min 4.0%;
EUR: 3.0% for the first 3 years; Other years Libor (EUR) + 3.75%, Min 4.0%;
EUR: 3.75% for the first 5 years; Other years Libor (EUR) + 3.75%, Min 4.0%;
USD: 7.5% fixed for the first year; Other years Libor (USD) + 4.5%, Min 7.5%;
The Bank reserves the right to request additional documents if it is necessary
Here you can download the pre-contractual information for home purchase loan.
Required documents
- Proof of income (from salary, rent, or both) ;
- Identification Documents (ID or Passport) ;
- Collateral documents.
Credit Security
- Real estate mortgage with coverage of 130% of the loan value.
- Deposit with coverage of 110% of the loan value.
- Co-borrower required
- Life and Property Insurance at the rate of 110% of the loan
General conditions
- Maximum amount: up to 300,000 Euro
- Term: up to 25 years
- Currency: ALL, EURO, USD
- Interest Rates *::
LEK: 2.4% fixed for the first year; Other years Treasury Bills + 1.50%, Min 4.0%;
LEK: 3.5% fixed for the first 2 years; Other years Treasury Bills + 1.50%, Min 4.0%;
LEK: 4.0% fixed for the first 3 years; Other years Treasury Bills + 1.50%, Min 4.0%;
EUR: 1.4% fixed for the first year; Other years Libor (EUR) + 3.75%, Min 4.0%;
EUR: 2.5% fixed for the first 2 years; Other years Libor (EUR) + 3.75%, Min 4.0%;
EUR: 3.0% for the first 3 years; Other years Libor (EUR) + 3.75%, Min 4.0%;
EUR: 3.75% for the first 5 years; Other years Libor (EUR) + 3.75%, Min 4.0%;
USD: 7.5% fixed for the first year; Other years Libor (USD) + 4.5%, Min 7.5%;
The Bank reserves the right to request additional documents if it is necessary
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