SKOURAS REAL ESTATE, through the No. 1 credit broker in your country, offers you free of charge:
• Access to all mortgage products on the market from 5 Greek banks
• Immediate evaluation of your creditworthiness without any fees
• Ensuring the most suitable loan for you
• Financing up to 90% of the purchase value

Useful Mortgage Loan Guide

For what purposes can I apply for financing?
• Home purchase
• Land purchase
• Construction/completion of a home
• Property renovation

What are the basic loan approval requirements?
Your income, creditworthiness, and the value of the collateral (mortgage of property or cash pledge) determine the loan amount.
If a home is mortgaged, the loan amount can be up to 90% of the property's market value.

What kind of interest rate can I choose?
For your mortgage loan, you can choose a fixed interest rate, which remains unchanged for an agreed period, or a variable interest rate, which is linked to the euribor plus a margin (spread) that remains fixed throughout the loan term.
Full or partial repayment can be made without repayment costs. All mortgage loans include the contribution under Law 128/75, which amounts to 0.12%.

What are the loan costs?
Mortgage loan costs consist of two categories.
• Bank fees, which include legal, technical inspection fees, and lawyer's fees for consenting and registering the mortgage.
• Mortgage registration fees, which include the land registry/cadastre office fees and the cost of issuing a cadastral diagram excerpt.

Mortgage loan insurance premiums
If your loan is secured by mortgaging a property, fire and earthquake insurance on the property is mandatory. In the event of damage from these risks, the insurance covers the restoration of your property. Optionally, you can also obtain life loan insurance, which covers the borrower's family in case of death or permanent total disability.

What are the stages of the mortgage loan?
• Offer
• Mortgage loan application
• Financial pre-approval
• Legal - technical inspection
• Final approval
• Property mortgage
• Disbursement