Housing Loan with Kredex

A home loan with Kredex guarantee comes with a smaller initial downpayment and makes buying, building or renovating your dream home affordable and convenient. Kredex guarantee can be used by a young family, a young specialist, veteran of the Defence Forces or Defence League and acquirer of an energy efficient home.

Before concluding the loan agreement, please read the loan agreement terms and conditions and risks related to non-fulfilment of obligations arising from the loan agreement and if necessary, consult an expert. Loan provider is Luminor Bank AS, headquarters are located at Liivalaia 45, 10145 Tallinn.

Benefits

Applying for a home loan With KredExi guarantee

1

Fill in a loan application

Fill in a loan application on paper or electronically. Our bank`s customers can submit the application though Netbank.

2

We will contact you

We will review your application and get in touch with you.

3

Sign the loan agreement

Sign the loan agreement at a bank office of your choosing.

4

Going to the notary

At the notary`s office, a mortgage is set up for the guarantee.

5

Loan issuance

We will transfer the loan to your account.

Necessary documents

  • Loan applicant(s)` passport or ID-card.
  • The applicant(s)` bank account(s)` statements from last 6 months. If income has been received at our bank over the past 6 months, then the account statement is not necessary.
  • Valuation report of the object offered as loan security compiled at a real estate office accepted by the bank . The loan applicant orders the valuation report of the object offered as loan security and bears the costs related to compilation of the valuation report according to the real estate appraiser`s pricelist.
  • In case of repairs or construction work, a repairs or construction calculation or other documents related to construction. For example, the construction project, building permit, contract with builder etc.
  • Loan application. The application can be submitted on paper or electronically. Our bank`s customers can submit the application though Netbank.
  • A veteran of the Defence Forces or Defence League: A certificate from the Defence Forces that the person belongs to the target group (document original).
  • Young family: Child`s birth certificate (original).
  • Young specialist: Original document verifying level of education
  • Acquirer of energy efficient home: documentation confirming energy efficiency indicator or indicator to be achieved

Useful links

General information of home loan with Kredex guarantee
Pricelist
Bank`s general terms and conditions
Real estate appraisers
Home insurance
 Loan recipient`s reminder
 Surety provider`s reminder
 Pledgor`s reminder
 Examples of annual percentage rate

Are you thinking of buying a home?

You might be also interested in: Home insurance, Loan insurance

Before concluding a loan agreement, please read the loan agreement terms and conditions, and risks related to non-fulfilment of obligations arising from the loan agreement and if necessary, consult an expert. The loan provider is Luminor Bank AS, headquarters located at Liivalaia 45, 10145 Tallinn.