Credos issue mortgages, which are loans secured against the value of real estate. The documents for these loans are drawn up before a notary
To receive a financial offer, you need to fill in the application form here.
Once the online application has been sent, the initial notification of the loan is issued within 24 hours, provided that the applicant has provided all the necessary information on his/her side. In case of necessity or in case of questions, our consultants will contact you to clarify the information.
Applicants must be Lithuanian citizens of full age or have a residence permit. Loans are also available to legal entities registered in Lithuania, as well as to natural and legal persons with close ties to the Republic of Lithuania.
Annual percentage interest is 7% of the loan amount.
The repayment term can be set up to 30 years. In the case of refinancing, it is possible to extend the term of the loan.
The amount of the loan is determined by the condition, location and liquidity of the collateral. The loan amount is usually limited to 85% of the market value of the property.
Yes, the loan can be repaid early, provided the interest is paid for the next three months.
To obtain a loan, the mortgaged property must be located in the territory of the Republic of Lithuania. The options are: an apartment, a house, a summer house, a part of a house, a plot of land (non-agricultural).
The average market price of the mortgaged real estate is determined by the Centre of Registers, while the exact value of the real estate is determined by a company of real estate valuers
To agree on the terms of the loan agreement, all you need to do is send an online application form and submit all the necessary documents. Creda representatives are ready to visit you at your convenience at any location you specify in Lithuania to sign the loan and notarial agreement.
Your income must be sufficient to meet the repayment terms of the loan.
Yes, we provide refinancing services. Simply fill in an application form and we will do our best to offer you more favourable loan terms.
You have the possibility to refinance all your existing loans without any restrictions.
A loan agreement with a mortgage is concluded with a notary in Lithuania. The cost of the service depends on the amount of the transaction.
The funds will be transferred to you from the notary’s deposit within 1-3 working days after the processing of the mortgage.
You will need to take out a mortgage insurance policy from any insurance company in Lithuania. The risks requiring insurance are assessed depending on the property. When insuring an apartment, we take into account the following factors: fire, flood, acts of vandalism. The insurance policy must mention Credit Solutions UAB as the beneficiary.