"The mortgage loan was processed very quickly."
The mortgage loan was issued very quickly. The conditions were at market level. There was great support from the Luminor specialist.
Customer, 39 years old
Housing loan
Housing loan
- Altum support programmes
- Personalised consultations
- Remote application and signing of the agreement
Housing loan with ALTUM support
For large families and families with one child with a disability
| Grant amount | EUR 8 000 | EUR 10 000 | EUR 10 000, for a purchase of a near-zero energy building | 12 000 EUR, for a purchase of a near-zero energy building |
|---|---|---|---|---|
| Conditions | - If the family has 3 children; or - 2 children and a pregnancy; or - a child with a disability*. |
- If the family has more than 3 children; or - 3 children and a pregnancy. |
- If the family has 3 children; or - 2 children and a pregnancy; or - a child with a disability*. |
- If the family has more than 3 children; or - 3 children and a pregnancy. |
* Families with at least one child with a disability or an adult under the age of 24 with group I or II disability may qualify for a grant towards the purchase, construction or rebuilding of housing.
For families with children
- for the purchase, construction or reconstruction of real estate up to EUR 250 000
- with children under 23 years of age or for families who are expecting a child
- ALTUM guarantee period is up to 10 years
If the property is located in Riga, Pieriga, Jurmala, the amount of the guarantee is:
- Amount of guarantee is 5% up to 10% from the principal amount of the loan, and not exceeding EUR 10 000, if there is one child in the family
- Amount of guarantee is from 5 up to 15% from the principal amount of the loan, and not exceeding EUR 15 000, if there are two children in the family
- Amount of guarantee is from 5 up to 20% from the principal amount of the loan, and not exceeding EUR 20 000, if there are three children in the family
- Amount of guarantee is from 5 up to 30% from the principal amount of the loan, and not exceeding EUR 30 000, if there are four or more children in the family
Outside Riga, Pieriga (Marupe, Olaine, Kekava, Salaspils, Ropazi, Adazi municipalities), Jurmala:
- 5% - 30% of the principal of the loan and not more than EUR 30 000 if there is 1 child in the family (or the first child is expected)
- 5% - 40% of the principal of the loan and not more than EUR 40 000 if there are 2 children in the family (or at least 1 child and another one is expected)
- 5% - 50% of the principal of the loan and not more than EUR 50 000 if there are 3 children in the family (or at least 2 children and another one is expected)
For young professionals
- up to 35 years of age
- with secondary vocational or higher education
- ALTUM guarantee period is up to 10 years
- The amount of the guarantee is up to 20% of the loan principal and no more than EUR 50 000
- Frequently asked questions
For National Armed Forces soldiers
A guarantee for a bank loan to cover the down payment for purchase or construction of housing by soldiers of the National Armed Forces.
- Persons eligible for the guarantee are soldiers of the National Armed Forces, provided that the price for purchase or construction of housing does not exceed EUR 300 000
- Guarantee term is up to 10 years
- The guarantee covers up to 25% of the principal loan amount but not more than EUR 20 000
- The guarantee can be applied for repeatedly if the obligations under the previous guarantee have expired
Safe housing loan kit
Your home.
Your rules.
- Personalised housing consultations
- Remotely at a place and time convenient for you
The path to your new home
Fill in the application and submit documents online
Receive a call from our advisor to guide you through the next steps
Get a loan offer and introduction to the loan details in a call with our advisor
Sign the housing loan agreement for your chosen property remotely
Sign the documents at the notary and register the pledge in the Land register
Get the keys to your new home after the bank has transferred the money to the seller
Requirements for obtaining a loan
- You are at least 21 years old
- You have a regular monthly income of at least EUR 680
- You have a combined monthly income of at least EUR 1100 if you apply with a co-borrower and you don’t have any dependents
Documents to apply
- Housing loan application
- Additional documents may be required after the first consultation
Useful links
Interest Rates
Calcuator in Excel: How can changes in Euribor rates affect my housing loan payment?
Co-borrower’s application
Frequently asked questions
Real estate valuators
General information on loans secured by a real estate mortgage
Real Estate Collateral Insurance Requirements for Private Individuals
Pricelist
Rules
Application for Loan Amendments
