Land purchase loan

Want to build a house and have found the land you want, but need financing? Loans for land purchase are offered by both Latvian credit institutions and loan companies such as Goodbank. Land purchase loan from Goodbank is a possible solution to your dreams of your home!

Goodbank offers real estate

bank

Land purchase, credit against real estate collateral. The loan can be up to EUR 90,000. You can pledge both the apartment, the buildings and the land.

Goodbank offers a loan that you can repay with one payment at the end of the term or you can repay the loan in monthly installments. More about each offer:

Loan against real estate mortgage without monthly payments

Loan against real estate mortgage without monthly payments

  1. loan amount for purchase starting from EUR 1000;
  2. an annual interest rate of 14% of the loan amount, taking into account the loan repayment term;
  3. there are no monthly payments,% is paid at the beginning of the loan, but the principal is repaid in one installment at the end of the loan;
  4. repayment term is 2-24 months (initially the contract is for up to one year with the possibility to extend it for another year).

Loan against real estate with monthly payment

Loan against real estate with monthly payment

  1. loan amount for purchase starting from EUR 1000;
  2. annual interest rate starting from 7%;
  3. loan repayment term 6-180 months;
  4. up to 70% of the loan amount can be repaid at maturity in one installment and the rest of the loan amount in monthly installments;
  5. you can choose the value of the balance;
  6. it is possible to prepare a new schedule for the repayment of the principal of the loan.

One of the offered options remains, fill in the application on Goodbank homepage. It is necessary to submit an assessment of the object of collateral, to submit a statement regarding the absence of tax and other payment debts (collateral). In any case, you will be contacted by a Goodbank consultant and will provide answers to your questions regarding the land purchase loan from Goodbank . But before you borrow, evaluate your chances of repayment!