Mortgage Loan for Emigrant

1.Home Purchase / Construction for Emigrants

Tirana Bank offers financial support for all Albanian Citizens who live and work abroad (emigrants) and want to be financed for:Purchase a residential property, Construct a residential property

Lending Terms and Conditions:

 Currency: EUR/ LEK

 Amount:

  •  Min: 5,000 EUR / 625, 000 LEK;
  •  Max: 300,000 EUR / 37,500,000 LEK  
  •  Tenor: up to 30 years;

Financed limit: 70% of the residential property;            

Payment method: Principal and interest are paid in equal monthly instalments

Collateral: First-rank mortgage on the funded property or other property that meets the Bank's requirements

 

2.Home improvement for Emigrants

Lending Terms and Conditions:

Currency: EUR/ LEK

Amount:

  •  Min:    8,000 EUR / 1,000, 000 LEK;
  •  Max: 20,000 EUR / 2,500,000 LEK without work certification;
  •  Max: 200,000 EUR / 25,000,000 LEK with work certification;

Tenor:

  • Up to 15 years without work certification;
  • Up to  20 years  with work certification;

 Financed limit: up to 100% of the project cost;       

 Payment method: Principal and interest are paid in equal monthly instalments

 Collateral: First-rank mortgage on the funded property or other property that meets the   Bank's requirements

                                     

Interest rates:             

Currency Interest Rate
LEK T Bills 12M + 2.2%, Min 4 %
EUR Euribor 12M + 4%, Min 4%

For more information, contact our branches or call for free at Info Bank 0800 68 68.

Click to see Pre-contract Information- Mortgage Loan for Emigrant