my First Home – Primary residence loan

With My First Home, we support people up to 45 years old in acquiring their first home, on preferential terms. Specifically, you can get:

Financing up to 90% of the property's market value for homes of at least Energy Class C.
Maximum loan amount of €350,000
Choice of a fixed interest rate from 3%
Total maximum repayment duration of 40 years (75 years old at the maturity of the loan)
No fee for the review of your request
Option to track your application via Digital Banking

Additionally, you can:

Receive additional financing through the EXPRESS personal loan with favorable financing terms, available in-branch
Benefit from the Go For More rewards program
Βe assisted through the dedicated telephone line +30 210 4848484, mentioning the term "Mortgage loans"
Manage your loan and its repayment through Internet Banking and Mobile Banking
Repay your loan early without any fees

In brief:

For those interested up to 45 years old
Up to 90% funding
With a maximum loan amount of €350,000
Prime rate
Maximum repayment duration of 40 years

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About your loan application

Necessary Documents

To acquire the home you desire; you must submit the necessary documents to the bank. Specifically, we need a form of identification such as an ID card, passport, or residency permit, depending on your nationality.

Proof of Income

We will need your recent tax clearance certificates and a document proving your employment status (such as a payroll certificate, pension receipt, or VAT/Income tax return). Also, you must provide a document related to your real estate property (such as ENFIA statement or a certificate of no property ownership).

Loan Conditions

To be eligible for a loan, you must meet certain criteria. Specifically, young people up to 45 years old, with permanent residence and individual income declared in Greece, are eligible to apply.

Your First Visit

To start the process, you will need to visit one of our branches, submit the necessary documents, receive the required pre-contractual information, and submit your application. Through Internet Banking, you can monitor your application throughout the review process.

Technical & Legal Check

Once the loan is pre-approved, you must submit all documents required for the legal and technical inspection of the property to obtain final approval. If you are purchasing a ready-made home, the submission of an Energy Performance Certificate is mandatory.

Time for Final Approval

After completing the necessary checks, the application is evaluated, and final approval is issued. Then, the loan agreement is signed at your chosen branch, and a mortgage prenotation consent is registered. Finally, the loan disbursement takes place, and you are provided the option to activate electronic notifications (statements) for your loan.

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How Much Can I Borrow?

You can borrow up to 90% of the property's market value for homes of at least Energy Class C, with a maximum loan amount of €350,000. The maximum loan amount is calculated based on factors such as the property's value and the amount you can afford to pay each month based on your income and obligations. To get an initial estimate of the loan amount you can receive, you can use the mortgage calculator.

What is the Loan Interest Rate?

The loan's interest rate is fixed for the first 3, 5, 10, 15, 20, 25, or 30 years, then variable based on the Euribor 3M plus a margin. Keep in mind that the variable interest rate changes according to the rise or fall of the base interest rate, which can positively or negatively affect your loan installment. Additionally, the loan interest rate includes the contribution of Law 128/75, which is currently 0.12%. For all details regarding the interest rate and loan expenses, click here. The interest rate after the initial fixed period is customized after evaluating your application.

What Purposes Can I Be Financed For?

My First Home is suitable for purchasing a first residence, for the construction/completion of a first residence, as well as for repair, provided it is a concurrent request with the purchase of a first residence.

How Do I Repay the Installments?

The amortization installments are paid monthly on the same date, automatically through the account that the customer has or will open at the National Bank, starting one month after the date of granting (first disbursement) of the loan.

How Do I Receive Electronic Notifications ("Statements")?

To receive electronic notifications, you need to register for the "statements" service via Digital Banking after the loan disbursement.

Can I Repay My Loan Early?

Yes, you can fully or partially repay your loan early without any penalty.