With a mortgage loan for other uses, you can build, buy or renovate a property, that is not to be used as your home, with favorable terms.

You can also:

  • Get a loan amount for the total cost of the purchase or renovation works
  • Pay low monthly installments and repay in up to 40 years

In brief:

  • New property (other than home)
  • Property renovation (other than home)
  • Buy a land plot for business use
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The loan amount starts at a minimum of €10,000 and may finance up to 100% of the total cost of your investment - based on the purchase contract - or relevant project.

In order to calculate the maximum you could borrow, we take under consideration parameters like the property value and the monthly repayments you can afford depending on your monthly income and standard expenditures.

You should note that it will be necessary to make a down payment in the event of a home purchase. To get a better idea of the loan amount you can get, you can use our loan calculator to determine the right repayment plan for your circumstances.


With a Mortgage Loan for other uses, you can:  

  •  Buy a property for business purposes or other use
  •  Buy a land plot, not for building a house
  •  Build, complete, or repair a property used for professional purposes or other uses.  

The disbursement of the loan amount depends on the purpose of the loan. 

  • In the case of a home purchase, the loan amount is disbursed in a lump sum.
  • In the case of construction, the loan amount is disbursed through partial disbursements, following the progress of your project. After the first payment, an engineer in partnership with the Bank will monitor the progress of the construction works before every subsequent payment.
You can pay by monthly amortization installments, starting one month after the loan disbursement and payable via the borrower’s designated loan-linked Deposit Account with NBG.
Yes, you can adjust monthly repayments to your needs by choosing to skip one installment per year after the second loan repayment year.

Much more than getting a loan

Designed to meet your needs

Insurance package

Insurance package

Even more protection after taking out your housing loan with an NBG insurance package covering fire/earthquake and life.

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First expenses package

First expenses package

You can cover your moving expenses or other needs with an EXPRESS Loan, up to € 6.000, you can get quickly.

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Go4more rewards

For even more rewards, sign up for go4more and gain even more go4more points when you pay your loan installments in time.

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Can I get this loan?

You can get the housing loan you want through an easy process. Check out the loan conditions for information on the supporting documentation and the questions we will ask you when you apply.

More digital capabilities for you

Download the NBG Mobile Banking app

The NBG Mobile app gives you a host of benefits, from bill payments and shopping to transactions and managing your housing loan. Download the app to your iPhone or Android and simplify your transactions.
Download the NBG Mobile Banking app

Before you start

Required documentation

To get the loan you want, you need to notify us of your personal details. Depending on your nationality, we will need your ID card, passport, and/or valid foreigner’s residence permit. 

Income verification

You get a housing loan with the obligation to repay it. So, we will need your income tax statements for the last three years and documentation certifying your professional status, such as employer’s certificate and/or a copy of the latest salary statement and document evidencing your VAT status. If you’re a pensioner, you need to submit your latest pension payment slip. You will also need to submit property ownership documentation (ENFIA property tax clearance certificate or a printout of no property ownership status). For a complete list of all the required supporting documents, click here.

Loan limitations

To get the housing loan you want, please help us evaluate your application properly. Please answer all our questions accurately and submit all the necessary documentation.

About your loan application

Your first visit

To start the process, you need to visit one of our branches and submit the necessary documentation and your application. If your application is preapproved, we will contact you to notify you and provide you with the European Standardised Information Sheet – Initial Offer detailing the loan terms. You can provide your email for your convenience, and we will send you the documents digitally so you won’t need to visit the branch.


After preapproval, you need to submit the necessary documents for the legal verification of property titles and technical appraisal of the property. Before the verification procedures take place, all relevant expenses should be paid in full. Click here to learn more about the documents needed for a loan, depending on the property type.

Final approval

Once all the verification procedures are concluded, your application gets evaluated, and final approval is given. You will then receive the European Standardised Information Sheet – Binding Offer and set a date for signing the loan contract. For better planning, please note that – by law – at least five days must have lapsed from the day all the participants in the loan contract receive the Binding Offer before you can go ahead with signing it. For the next steps check the frequently asked question "What are the steps after the final approval?".

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