Mortgage FAQs

A mortgage is financing granted by a bank to buy, build, repair or renovate a property, depending on the bank's programme and terms.

How much you can borrow depends mainly on your income, your existing financial commitments, the property's value, your down payment and the bank's criteria. You can start with our online borrowing-capacity check.

It depends on the property's value, how much you borrow and the bank. For a main home banks usually lend 80% to 90% of the value, so plan on at least 10% to 20% of your own money, plus the buying costs.

The rate depends on the type of loan, the term, the bank, the borrower's financial profile and other factors. Mortgages can carry a fixed or a floating rate.

With a fixed rate you know what you'll pay for the years you agree. With a floating rate the payment follows Euribor, up or down. Which suits you depends on your income and how much risk you can take.

Documents vary by bank and by applicant. They usually cover identification, income, tax status and existing financial commitments. After the initial assessment we tell you exactly what's needed.

It depends on how complete your file is, the bank and the case. Financial pre-approval can come fairly quickly when the file is complete, while the full process to disbursement also depends on the property's legal and technical survey.

Yes. The application and documents are done online, with no bank visit to get started.

In many cases, mortgage financing can be considered for Greeks living abroad and for non-residents who want to buy property in Greece. Eligibility and terms are assessed case by case.

Yes, you can explore mortgage financing for a first home, provided you meet the criteria of the bank and the relevant programme.

Yes. If you've already found a property, we can look at financing it based on your finances and the property's characteristics.

After financial pre-approval come the property checks, gathering the required documents, final approval, signing the loan agreement and disbursement.

The application and most of the process can be done digitally through Neuvel Trust. The final loan agreement is signed following the bank's own procedure.

Nothing. The bank you take the loan with pays us.

No. We're a mortgage credit intermediary, not a bank. Only the bank decides whether to lend.