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A mortgage loan is a type of loan secured by a mortgage on real estate (collateral). Its purpose may differ from purchasing an apartment or a house.

A housing loan is a purpose-specific loan intended for buying a house or an apartment, primarily for personal use. Typically, the property being purchased serves as the collateral.

To apply for a mortgage, you must be a Bulgarian citizen with permanent residence in Bulgaria and have a valid ID document. The main requirements you need to meet to obtain a mortgage are:

• You must work under a permanent employment contract (after successfully completing the probation period);
• You must have a good credit history;
• You must have regular social and health insurance contributions;
• 50% of your income should be sufficient to cover all monthly obligations, including the new mortgage installment.

Eligible applicants must be Bulgarian citizens (permanent residents), have regular income, a history of timely tax payments, and a clean credit record.

The purpose of a mortgage loan may vary, including home renovation, debt consolidation, asset purchase, as well as other personal needs.

To understand the importance of measures such as building insulation, windows, ventilation, and others, we recommend reviewing the key indicators in an Energy Performance Certificate.

The only mandatory insurance is the property insurance. We do not include life insurance in the loan price.

The amount you will be approved for depends on your income, your down payment in the transaction, and the expenses related to acquiring your desired property. We advise you, when determining your budget for applying for a mortgage, to consider what monthly installment would not put a strain on your household.

When calculating the interest rate, a 6-month EURIBOR is taken into account + 1.25% margin, with a minimum of 3.50%.

We finance properties under construction without changing the loan conditions. The key in this type of transaction is to align the property’s payment stages with the loan disbursement stages. Our experts have extensive experience and will provide you with the best solution.

Typically, we finance 85% of the property's market value. That’s why it’s recommended to have at least 15% down payment for the transaction.

We can finance offices, dental clinics, land, and more.

Yes, it is possible.