Mortgage in Poland with a TM Invest expert

With a creditworthiness check by our credit expert – only then do we choose apartments that fit your budget. This way you do not reserve a property the bank may not lend on. Prepare your deposit: from 10% of the price, and better 20%.

No. The help of our credit expert is free for the client – the client never pays us for credit intermediation. Our credit advisers are entered in the KNF register (as agents of a mortgage credit intermediary). More: how the credit expert works.

No. The credit decision is always made by the bank. We will help you choose the banks where your chances are best and prepare a complete application.

Usually an identity document, a certificate of income or account statements (for a business – company documents), information about other loans and, when buying from a developer, the reservation agreement or the draft developer agreement and the information prospectus. The expert will set the exact list for your situation. More: documents for a mortgage.

Collecting documents usually takes the most time. The bank has 21 days to decide from a complete application, and a positive credit decision binds it for at least 14 days. You can withdraw from a signed loan agreement within 14 days.

Yes, we can arrange most matters by phone, messenger or e-mail. You are also welcome at our office at ul. Cybernetyki 9 in Warsaw – by appointment.

Yes. KNF Recommendation S allows a loan of up to 90% of the property value if the part above 80% has extra security – most often low-deposit insurance. The borrower usually pays for it. With a 20% deposit the terms are usually better.

In practice only with the BGK guarantee in the family housing loan, which replaces the missing deposit. The programme has its own conditions, including limits on the apartment price. We will check whether you meet them and which apartments fit. More: mortgage without a deposit.

On the amount and type of income, length of employment, living costs and the number of people in the household, other instalments and limits, the chosen term and type of instalments, and your history in BIK. The bank calculates it with a buffer for interest rate increases. You can check an approximate amount in the calculator above, and the exact one with the expert.

Yes. Banks treat granted limits on cards and accounts as a liability – even if you do not use them – and add part of the limit to your monthly instalments (5% of the limit in our calculator). Closing unneeded cards and limits before you apply may increase your creditworthiness.

Yes, but banks usually require a certain period of running the business and calculate income according to the form of taxation – requirements differ between banks. The expert will point out the banks that assess your type of income best. More: mortgage for B2B and sole traders.

KNF Recommendation S says the loan term should not exceed 35 years. A longer term means a lower instalment and higher creditworthiness, but more interest in total. In the calculator you can see the difference – for example, change the term from 25 to 30 years.

Equal instalments stay the same (if the interest rate does not change), so the first instalment is lower and it is easier to get a larger loan. With decreasing instalments the principal part is constant – the first instalments are higher, but in total you pay less interest. You can work out the difference for your amount in the calculator.

Before the end of the period the bank offers a new fixed rate for the next period. If you do not accept it, the loan usually moves to a variable rate – the reference rate plus the margin from the agreement. The size of the instalment then depends on interest rates at that moment.

Usually after you sign the reservation agreement – the bank needs the details of the specific apartment. You sign the developer agreement at the notary only after a positive credit decision, and the loan agreement – usually just before or after it, in an agreed order.

In tranches according to the schedule in the developer agreement – to the developer's escrow account. You pay interest only on the part paid out. More: mortgage for an apartment under construction.

Most often yes: you cover the first payments in the schedule from your deposit, and only then does the bank pay out the next tranches. The order and dates are set in the developer agreement and the loan agreement – we will check that they match.

It is security for the bank until the mortgage is entered in the land and mortgage register – usually as a higher margin or premium. For a new apartment it ends after ownership is transferred, the register is opened and the mortgage is entered, so it lasts longer than on the secondary market. More: bridging insurance.

After handover you sign the agreement transferring ownership at the notary. The notary files applications to open the land and mortgage register and to enter the mortgage. After the entry the bank usually lowers the margin to the target level. More: taking over an apartment from a developer.

Payments go to the residential escrow account and are additionally protected by the Developer Guarantee Fund. Before reserving it is also worth checking the developer and the information prospectus – we help with this. More: how to check a developer.

Yes, it is possible. The terms depend on the bank, your residence documents and income – banks differ in their requirements for the type and validity of the residence card, length of work in Poland and the deposit. First we check your creditworthiness and point out the banks that will accept your documents. More: mortgage for a foreigner.

In many banks yes, but each bank has its own rules – for example, how long the card must still be valid and how long you have worked in Poland. We check this before you apply, so you do not waste time on banks that will refuse. More: mortgage with a temporary residence card.

Yes. We help clients from Ukraine, Belarus and other countries – including those with income in Poland under an employment contract or B2B. The terms depend on the bank and the residence documents. More: mortgage for citizens of Ukraine.

Citizens of the EEA (including the EU) and Switzerland – no. Foreigners from outside the EEA usually buy a separate residential apartment without a permit; one may be needed, for example, for a house with a plot or for a plot alone. We check your situation before the reservation. More: MSWiA permit.

In Polish, Russian and English. Loan documents and the notarial deed are in Polish – if you do not speak Polish, a sworn translator is needed at the deed. More: sworn translator at the notary.

They may include: the bank's fee, property insurance with assignment to the bank, bridging insurance and possibly low-deposit insurance, the valuation (valuation report), and extra insurance or products if they lower the margin. Everything together is shown by the RRSO (APRC).

Besides the price (with VAT): the notary fee with VAT for the developer agreement and the agreement transferring ownership, court fees for entries in the land and mortgage register, and the tax on establishing the mortgage. PCC is not paid on the price of an apartment from a developer. More: costs of buying an apartment from a developer.

Not on the price, because the developer sells the apartment with VAT. PCC applies, among other things, to buying on the secondary market and to establishing a mortgage with a loan; the notary collects the tax. More: PCC when buying an apartment.

Yes. An overpayment reduces the principal – you choose a lower instalment or a shorter term. The Mortgage Credit Act limits early repayment fees, and many banks do not charge them; we will check the rules in the agreement before you sign.