Housing Loan with KredEx

The young family loan is meant for a parent or parents raising at least one up to 15-year-old (included) child. The parents/ guardians must submit a copy of the birth certificate of their child.

The loan is meant for up to 35-year-old (included) young specialists*. Estonian citizenship or permanent residence and a valid employment, service or member the board agreement with concluded probationary period are required. Self-employed persons must have been in business for at least 1 years.
 
* Young specialist is a person, who has acquired higher education, secondary specialized education or vocational secondary education (based on basic education or secondary education) acquired or based on vocational basic education or vocational secondary education, aged up to 35 (included): 

• Who has an employment contract and if probationary period is applied, then it must be completed;
• Who has a service contract and if probationary period is applied, then it must be completed;
• Who has been appointed based on legislation, and if probationary period is applied, then it must be completed;
• Who has a member of the board agreement; or
• Who is registered in the Commercial Register as self-employed and has been in business for at least one year.

The customer buys an energy efficient home or renovates a dwelling to make it energy efficient.

Requirements for energy efficient homes:

• A residential building with one apartment or two or several apartments, where the energy performance of the apartment acquired in this building must be at least C;
• In erecting a building or renovating a building or a part of it, the achieved energy performance must be at least C
• The residential building, including a part of it or apartment must be the loan recipient`s permanent place of residence.
• The corresponding energy performance certificate must have been issued as of 3^rd of May 2013

Veterans are soldiers who have been in the service of the Defence Forces or Defence League who have been in active duty or military training or have been injured.