Loan for home purchase with state guarantee | Luminor
Loan for home purchase with state guarantee

Do you have kids? Having kids is great! It helps when you want to buy a house or an apartment!

Great advantages and savings

How to purchase home with state guarantee?


Find out your loan options and select the dwelling

  • To find out the loan options use the calculator, visit the Customer Service Center to get a consultation or call 1880
  • When choosing the dwelling consider and assess accessibility of infrastructure, anticipated maintenance costs, technical condition of both the apartment and building, and land ownership


Fill out the application and prepare the required documents


See our proposal

  • It will list the principal lending terms and conditions we definitely can find an agreement on
  • ALTUM on our request will decide on execution of the guarantee


Execute the required documents

  • Enter into purchase or down-payment agreement on purchase of the property
  • Pay the fee of 2.5% of the guarantee amount as stipulated by ALTUM
  • Sign the loan agreement with the Bank
  • ALTUM will prepare the surety agreement to the Bank


Get insurance against various troubles

  • Take care about the protection of your family by choosing the borrower’s life insurance
  • Protect your dwelling by executing the dwelling insurance


Carry out the pledge registration

  • Submit and obtain documents to/from the Land Register office on the purchase of dwelling and the pledge registration
  • We are always ready to assist in preparation of the required documents within the framework of Hipo+ service


Congratulations with your new dwelling!

  • We will transfer the money for purchase of housing
  • Please, remember that we are always ready to give you a hand

Necessary documents

  • Your pasport or eID card + birth certificate for every child below the age of 18
  • Proof of declared address of the credit recipient and his/her children (The statement can be downloaded from, if you register via our Internet Banking, or can be issued at any Citizenship and Migration Department (PMLP) or municipal department at the declared address of the credit recipient.)
  • State Revenue Service (SRS) report about dependents, if in their birth certificate the credit recipient is not stated as one of the parents
  • Account overview for the last 6 months (if you are not our client)
  • Appraisal of the real-estate property serving as a security deposit

State guaranteed loans offer great advantages!

See also: Become a customer, Loan for home purchase, Credit cards, Real estate insurance, Banking packages