Ganesha Global Kft. can now help you with property mortgages.
This service is currently not available to non-Hungarians.
Only expats living and earning a fixed wage in Hungary that has been directly deposited to their bank account for the last 6 months can apply.
UPDATED: January 2020
List of documents requested by the Bank
- Power of Attorney authorisation to arrange the loan on costumer’s behalf
- Certified Ownership Certificate of current status of the property no older than 15 days
- Bank application form
- Current map of the property in the case single dwelling/ house or plot of land
- Personal bank account in Hungary
- Property Insurance Policy
As above but with the addition of:
- Purchase Agreement /Sales agreement registered and approved of by the Land Registry Office(including mailing address)
- Certified Ownership Certificate of current pre-registration status of the property no older than 15 days
- Agreement of Deposit with Solicitor Escrow Account
Residential Mortgages for Hungary
What is covered?
- Purchase of houses, apartments and freehold land are available for individuals.
- Unrestricted use
Loan to Value:
- 50% - 80% of the market value
Maximum Loan Amount:
Maximum Term & Age Limit:
- 25 - 35 years (not more than 68 years old at maturity)
General fees to consider
Submission of documents
- Ganesha Global loan arrangement fee € 200 + V.A.T. (non-refundable)
- Valuation expert for property appraisal € 120 / property
- Ownership Certificate € 18 / property
- Current map of the property in case € 12 / property single dwelling/ house or plot of land
Payment structure for loan arrangement
- Ganesha Global success fee € 1000 + V.A.T. or 1.2% of the financed amount whichever is greater
- Notary fee according to the amount of the loan € 200 - € 600
- Interpreter € 150 - € 200
- Registration fee for Land Registry Office € 50/ property
- Bank administration fee 1.5 % - 3 %
- Property insurance from € 8 / month
IMPORTANT: Rates are subject to change and the information above is only for guidance. Please contact a representative for up-to-date advice.
IMPORTANT: A1 Ingatlan KFT has no fiduciary connection to the above company nor does A1 Ingatlan KFT recommend any particular company above another. A1 Ingatlan KFT takes no responsibility for the actions or inactions of any third party company. The information provided is solely for your convenience. If you use this company, A1 Ingatlan KFT makes no representations as to the security, quality, or propriety. A1 Ingatlan KFT and accepts no liability for the content or for any loss or damage caused or alleged to have been caused by the use of or reliance on information contained on our website or goods or services purchased provided by any third party company.