Please recall Mortgage credit lending
A mortgage in a foreign bank is a convenient and more efficient way to acquire real estate abroad.
The main advantage of mortgage credit lending abroad is the loyal interest rates. Thus, fixed mortgage rates in Europe and the United States vary within the bounds of 3-6% per annum. Banks are usually granting between 50% - 80% of the required amount to the residents.
Bank policy in relation to the potential borrower is quite simple. The investor should prove a source of income that allows the interest and the loan amount to be covered. Banks may also ask for information about solvency history and availability of other real estate in the country of residence of the investor.
The most popular countries among the foreigners for mortgage receipt are Latvia, Czech Republic, Spain, and France. It is easier to receive a mortgage in these countries than, for example, in Italy or the UK.
Mortgages in Latvia
Latvian banks are quite happy to grant mortgages for non-residents. An important stage in the process of loan receipt in Latvia is confirmation of the investor’s funds. Loan interest rates are between 5-7%, on average, but some banks offer lower interest rates for non-residents with high purchasing power. In order to obtain a mortgage in Latvia, it is also required to have at least 40% of the cost of the property and to open an account in the bank, granting the loan.
Mortgages in Spain
The investor has to pay about 10% of tax levies and to have about 40% of the cost of the acquired real estate. Interest rates in Spanish banks are between 4-5%, on average. There is also the possibility of early repayment of the mortgage with no penalties.
Mortgages in France
The lending policy of French banks makes mortgaging in France one of the safest and most popular. France imposes more stringent requirements for potential borrowers, but this is compensated by low interest rates - from 1.9 to 3.5% and the loan amount of up to 70% of the cost of real estate. Mortgage repayment period in France is 30 years with the possibility of early repayment.
Mortgages in Czech Republic
Czech Republic is another country where obtaining a mortgage can be fairly straightforward. The foreign borrower needs to make an initial payment of 40-60% of the cost of real estate. Rates are defined at the level of 4-6% per annum. Early repayment of mortgage is also possible.
Mortgages in USA
Interest rates for foreigners who wish to obtain a loan in a US bank are much higher than for the residents. Nevertheless, it is possible to receive a mortgage in the USA. Possession of a green card or work visa, along with a letter of reference from a foreign bank will significantly simplify the process of receiving a mortgage in the USA. The average cost of US credit, depending on the state and other factors, is 4-6% per annum. Initial payment will be between 30% -50%. We will provide detailed information on the elite real estate lending process in your country of interest, we will assess your situation and will provide assistance in obtaining a mortgage in a foreign bank at the most favourable terms.*
A provisional list of documents required for the review of application for granting a mortgage:**
- Valid passport of the investor;
- Information about income;
- Certificate of absence of debts;
- Confirmation of the solvency on the initial payment and other expenses related to the acquisition of real estate;
- Draft of the real estate purchase agreement.
* Terms and conditions of mortgage lending for EU citizens and non-EU residents may differ** In addition, foreign banks may request other documents confirming the solvency and reliability of the client.
** In addition, foreign banks may request other documents confirming the solvency and reliability of the client.
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Special offers
1 900 000 EUR 
Latvia, Jurmala and region, Dzintari 
326,6 m2 
For sale
120000 m2 
1 bedrooms 
In case you have any questions, you can contact our specialists.
We are more than happy with our new apartment! Mrs Kovalenok is super kind and made it easy for us to cooperate with our lessor! She has been there for us the whole time and answered every single question directly. I can truly recommend your company, especially Daria Kovalenok! Thank you very much!
2019, Cathrin SiemonsmeierI am so grateful for this amazing apartment picked quickly, efficiently and with a wonderful price by my realtor Ms. Natalija ! I'm so thankful and very pleased
2019, Nikhita Kumar, ASV.Sehr angenehmes und professionelles Team, alles lief reibungslos und vertrauensvoll. Mitvertrag wurde in 3 Sprachen übersetzt und mir wurde mit allem geholfen um in Riga anzukommen. Vielen Dank!!! Perfect and really trustful Team. They care about everything and cummunicate even the contracts in 3 languages. They Help with everything to really „arrive“ in Riga. Thank You!!!
2019, Sascha Krasniqi, Germany.I am a new expat in Riga and I was looking for for a long term rent of a house for me and my family. I get in touch with Olga, because she was responsible for some houses, that were attractive for me. I appreciated Olga's active attitude. She knew a lot about the house in her portfolio and also about the owners. My feeling was, she was sometimes almost part of the owner's family. By this attitude, I felt very comfortable visiting the houses with her. All info and the service provided was on a very high level and by far the best if I can compare to other external real estate agents. She was also very cooperative with our internal real estate agent, who was helping me to find a good location. Paldies Olga, great job done! I can truly recommend to get in touch with Olga if you are looking for a house or apartment in Riga city or Riga suburb.
2018, Dalimil Zurek, Cheсh Republic.Довелось плотно поработать вторую половину 2018 года с Паулиной Олейниковой. Все было сделано профессионально и в срок. Большое спасибо за проделанную совместную работу. Безусловно будем сотрудничать и дальше.
2018, СергейI had a chance to work with Paulina. She helped a lot to find suitable home to me. She answered my questions professionally. She knows what you need! And I want to thank to Julia. I had a complexity about giving my address to internet service provider. She helped me right away and saved my day! Such a wonderful persons! ^_^ I think, they are the best at this job.
2018, Nihal Okur.Хотели бы выразить слова благодарности Ольге Загаиновой за профессионализм, проявленный на протяжении всего периода нашего сотрудничества, в частности поиска места для временного проживания нашей семьи в Латвии. Ольга была очень внимательна к нашим пожеланиями и оперативно реагировала на все обстоятельства, возникающие на протяжении всего срока нашего сотрудничества. Мы обращались в 3 дополнительные компании, по вопросу поиска подходящего предложения для нас, но только Ольга проявила истинный профессионализм и свои лучшие стороны по исполнению своих обязательств и знаний. С самыми наилучшими, наша семья: Лука, Татьяна, Олег
2018, Олег Михайлов, Россия.Спасибо большое Дарье за помощь в покупке квартиры в Юрмале, буквально за пару дней мы посмотрели все, что соответствовало нашим параметрам на рынке, просмотры были выверены по времени, расположению, все было насыщенно информационно, но не утомительно. Дарья идеальный помощник, подкованный технически, юридически и экономически, с ней выбор становится легким и понятным. Радостно советую ее всем своим знакомым и друзьям как идеального специалиста по рынку недвижимости в Латвии. Дарья всегда пунктуальна, приветлива, прекрасно выглядит и даёт исчерпывающую информацию об объектах, что дает ощущение надежности и профессионализма.
2018, Разумова Мария, Россия.Olga Zagainova was offering us very nice apartments which really suited our needs and once we decided for one apartment she was still helping a lot by pointing out a lot of defects in the apartment which had to be included in the rental agreement which we wouldn't have seen. Futhermore, she was always very nice and friendly.
2018, Edvard Haas, Germany.Paulina helped me get a house before I came to Latvia. Thanks to her I was able to rent a house which satisfies every expectations I had. Process went so smoothly thus I was able to spent my first day in Riga in a house which is close to where I work and central districts.
2018, Serhad Burakan, Turkey.Excellent options to choose from, everything has worked flawlessly with Olga Z. Always on time, just as agreed. Thank you very much.
2018, Petteri N., Finland.Нашел Агенство случайно(реклама в сети) и был приятно удивлен сервисом и профессионализмом. Из тщательно подготовленных вариантов , которые были подобраны еще в нашем заочном общении, понадобилось всего полдня, чтобы принять решение и купить именно то, что нужно. По прошествии какого-то времени ушло еще очень небольшое время для оформления всех остальных формальностей. Также отдельное спасибо Наталье за помощь в сопутствующих хлопотах, которые вроде и не входят в ее работу как риэлтора: посетить энергоснабжающую организацию, разобраться с услугами управляющей компании, посоветовать опытного дизайнера для дальнейшей отделки и т.д. Общая оценка отлично!
2018, Михаил, Россия.Хочу выразить свое восхищение всем процессом подбора объекта и оформлением сделки. Мелина Малышко превзошла ожидания как в части знания рынка недвижимости Латвии, так и в понимании конкретной задачи клиента и очень детального и внимательного проведения сделки на всех этапах. Очень редкая ситуация, когда могу сказать: отличная работа без всяких «но».
2018, Дмитрий, Россия.Paldies Alīnai Mercai par īres klienta piesaisti. Lai gan lielus dzīvokļus izīrēt nav tik vienkārši, Alīna atrada mums īrniekus ļoti ātri un operatīvi. Trešdienā - potenciālais klients apskatīja dzīvokli, piektdienā jau parakstījām līgumu. Tas viss notika pateicoties Alīnas darba spējām, strādātpriekam un optimismam. Viņa nežēloja pūles un strādāja pat vēlās vakara stundās, lai taptu īres līgums. I am very grateful to Alina Merca for finding us a tenant in a very short time. I am also truly impressed with the speed of completion of the paperwork. A potential tenant came to view our property on Wednesday and we have signed a Letting Agreement on Friday. This was possible as Alina worked hard and out of hours so that the deal could happen. There are not that many Estate Agents who would have such a great work ethic and would be prepared "to go an extra mile" as Alina did. Alina, thank you from the bottom of my heart!
2018, Santa Dombrovska, Latvija.