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Mortgage loan

There’s no place like home!

If you need a loan for buying a new home, major refurbishment or construction - the home loan will be a perfect solution.

  • Interest rate from 1.89% + 6 month EURIBOR*
  • Remote loan consultation and approval
  • Getting to know the loan amount available to you during the consultation
  • Possibility to repay the loan early and manage your agreement via Internet Banking

* A representative example of credit expenses: the customer takes out a loan of 65,000 EUR, the loan period is 20 years, the applied interest rate is 1.89% + 6 month EURIBOR, the monthly payment is 327.39 EUR, the disbursement fee – up to 1.2% of the credit amount. The APR calculated for the customer is 2.07% and the total amount payable is 79 032.88 EUR.

Find out possibilities

Mortgage loan calculator

Children under custody If you want to borrow on your own, specify your monthly income after taxes.

If you want to borrow together with a co-borrower, specify your combined monthly incomes after taxes.
  • Down payment starting from 15%.
  • In case of Altum the down payment can be reduced down to 5%.
  • Down payment may not be needed if you collateralize your own property.
Down payment starting from 15%, in case of Altum it can be reduced down to 5%. Down payment may not be needed if you collateralize your own property. Small loan, credit card, overdraft, line of credit, study loan and other short-term credits

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Loan and Insurance payment calculations are approximate and may differ from your personal offers. Home insurance and insurance against borrower's unemployment and incapacity for work insurance is provided by Swedbank P&C insurance AS. Life insurance is provided by Swedbank Life Insurance SE which are represented in Latvia by their branches and by the insurance agent Swedbank AS.

  • For buying new home.
  • For purchasing land plot and building a home.
  • If you wish buy new property before selling the old one.
  • Down payment starting from 15%.
  • For other bigger expenses by collateralizing your own property.
  • For furnishing, remodelling, renovating or buying other properties (e.g. a summer house).
  • Down payment may not be needed if you collateralize your own property.

Apply for home equity loan

  1. Determine how much you can expect to borrow based on your current salary and financial commitments.
  2. If you are buying a new home through our real estate partner, ask for a discount code and information about the offer from real estate agent.
  3. Fill in the application on the Internet Banking site and get a consultation.
  4. The bank notifies you of its loan decision.
  5. Sign the loan agreement on the Internet Banking site and set up home insurance.
  6. After the notarial transaction, the bank will disburse the loan.

Any property to be bought and mortgaged must be appraised by an independent valuator.
  • Loan amount from 10,000 EUR.
  • Loan up to 85% of collateral value.
  • Loan term up to 30 years.
  • Income at least 600 EUR per month after taxes, at least 800 EUR per month with a co-borrower.
  • Interest rate consists of individual interest margin and 6-month Euribor. If the Euribor rate is negative, it will be regarded as equivalent to zero.
  • Additional expenses (notary, real estate valuation) and bank fees will apply to your loan.
  • Loan is repayable on the basis of annuity or amortization schedule within the agreed term by pre-determined monthly payments on your chosen payment date.
Mortgage loan interest rates

According to information received from international financial supervisory authorities, in the framework of the benchmark rate reform, the previously applied LIBOR rate needs to be replaced in all agreements where it is referenced. Consequently, the London Interbank Offered Rate (LIBOR) which was applied to mortgage loans must be replaced with a different rate.

Customers whose agreements are affected by the change will be contacted by the bank personally in the nearest future. Due to the fact that Latvia is a Eurozone member state, LIBOR will be replaced with EURIBOR (Euro Interbank Offered Rate), which is the loan reference interest rate index for the European Union member state interbank market. The new rate will have no negative impact on customers’ monthly payments.

You are welcome to review a summary of the key questions and answers.

Questions and answers about replacement of LIBOR base rates

Due to the fact that Latvia is part of the Eurozone, LIBOR will be replaced with EURIBOR (Euro Interbank Offered Rate), which is the loan interest rate index for the European Union member state market. The 3, 6 or 12-month EURIBOR will be applied to your loan agreement based on the base rate period of your previous rate with LIBOR.

The total interest rate of a loan is comprised of the rate added by the bank and the variable base rate, which in your case was LIBOR.

The bank’s margin rate will not change as a result of this change. Your total interest rate will not increase with the introduction of this change, and may even decrease until the next scheduled base rate adjustment.

In the interests of our customers, the Bank is doing everything necessary to ensure that the rate change does not have a negative impact on your monthly payment amount. Your monthly payment will not increase as a result of application of the new rate, but please be advised that, just like LIBOR, EURIBOR fluctuates and may eventually increase, which may, in turn, affect your monthly loan payments in future. All current information about EURIBOR indicators and changes therein is available here: www.emmi-benchmarks.eu/euribor-org/euribor-rates.html

All customers whom this change applies to will be contacted individually. Following a conversation with your banking consultant via internet banking, you will receive a message from the bank detailing the amendments to your agreement. During the consultation with the bank specialist you will agree on the signing of the amendments either in person or remotely. Upon the amendments coming into effect, a new payment schedule will be available to you, which you will be able to view via internet banking.

N.B.! Our banking consultant will not ask you to reveal your authorisation credentials or passwords.

No commission will be charged for the preparation of the amendments, and you will not be required to take any additional action.

As from the amendments to the agreement taking effect, and after the amendments are activated by the Bank, you will see a new payment schedule in your internet banking user account. The currency will be converted based on the Swedbank official exchange rate (USD to EUR) on the day of activating the amendments.

The changes within statutory regulations apply only to replacing LIBOR and the resulting changes in loan currency (if your loan currency is not EUR), all other conditions remain unchanged.

We highly value proper treatment of our customers, as well as the institutions overseeing banking operations, therefore our LIBOR replacement plan has been harmonised with the Consumer Rights Protection Centre and the Financial and Capital Market Commission.

IBOR and the transition to alternative risk-free rates

InterBank Offered Rates (IBORs) are used to set the interest rates in contracts for everything from loans and bonds to derivatives. However, as the volume of IBOR transactions has dropped, the credibility of these rates has declined. A global transition towards alternative risk-free rates based on actual transactions is underway. Swedbank will support it’s customers throughout the transition.

A key driver for the transition to risk-free rates is that the credibility of IBORs has declined. As the volume of IBOR transactions has decreased, the number of transactions has been too low to serve as an unbiased basis for the calculation of IBORs. Consequently, IBORs have been based on estimates rather than on actual transactions – a situation which has given rise to concerns about objectivity.

What the risk-free rates all have in common is that they are based on actual transactions and are retrospective. In addition, they lack maturities, so they have no credit risk. Taken together, these characteristics make Risk Free Reference rates more credible than IBORs.

InterBank Offered Rates (IBORs) are reference rates based on the rates that banks use when they lend to each other. Reference rates act as benchmarks in the pricing of financial contracts and products, and play an essential role in a well-functioning financial market. In the coming years, IBORs (like EUR LIBOR, USD LIBOR, GBP LIBOR, CHF LIBOR etc.) will be phased out and replaced with risk-free reference rates (RFRs).

What the risk-free rates all have in common is that they are based on actual transactions and are retrospective. In addition, they lack maturities, so they have no credit risk. Taken together, these characteristics make RFRs more credible than IBORs.

But due to missing term structures these new Risk Free Reference rates are less suitable for long-term financing of private customers (like in home loans) – the interest base rate is changing each day, instead of 6- or 12 month period like in mostly used IBORs in financing private customers

Following the global financial crisis of 2007-2009, a number of deficiencies related to IBORs were identified. Specifically, the rates were based on professional assessments by the participating banks rather than on actual transactions, and the underlying transaction data was at times deficient. The use of IBORs also entailed a risk that the rate-setting process could be manipulated. Accordingly, the credibility of IBORs declined during this period. As a result, government authorities tightened their requirements for internal controls. In addition, legal penalties related to IBORs increased, and banks consequently became less willing to take responsibility for IBORs.

Demand for risk-free reference rates began to increase – from market players in general, but particularly from the derivatives market. A reform of the price-setting process was seen as imperative, and efforts to develop alternatives to IBORs were launched. An international overview of the reference rates led to the development of alternative risk-free reference rates.

The reference-rate reform is driven by the market, which means that the transition is taking place at a different pace in different countries and that the new risk-free reference rates may be defined in various ways.

The UK’s Financial Conduct Authority has announced that it will no longer compel banks to submit quotes to support the London Inter-bank Offered Rate (LIBOR) after 2021, which entails that LIBOR will be phased out after 2021.

The EU BMR, which came into full force on 1 January 2018, introduces a common framework governing administration, contribution and usage of benchmarks within the European Economic Area (EEA). It is aimed at ensuring the integrity of benchmarks used in financial contracts, financial instruments, or used to measure performance of investment funds in the EU.

It also requires that more robust fallback language exists in all relevant contracts and agreements. The purpose of fallbacks is to define the steps that will be taken to identify and agree an alternative benchmark in the event that the original benchmark ceases to be available or materially changes and what happens if an alternative cannot be agreed.

Fees

Mortgage loans

Service Price, EUR
Receiving
Loan application processing Apply for via Internet Banking Free of charge
Setting up and disbursement of credit 1.2% For Gold Service customers - 1% of the loan amount
Setting up and issuing the loan if secured by a term deposit 0.5% Min. 28.00 The loan amount may not exceed 98% of the deposit amount; the loan agreement must end at least 2 business days before expiry of the deposit agreement.
Determining the market value of the property 90.00 - 220.00 The fee will be reduced by EUR 10.00 if the valuation can be made without visiting the property.
Determining the present market value:
- Apartment – 90.00
- Single-family residential house – 180.00
- Land plot for construction – 120.00
Determining future market value:
- Apartment – 125.00
- Single-family residential house – 220.00 		Valuation by Swedbank AS is prepared in abbreviated form and is not suitable for presenting to other credit institutions, and cannot be used for the needs of other individuals or legal entities.
Assessing and approving a property's reconstruction or construction cost estimate 55.00 In case of construction and reconstruction of the property to be valuated - always.
Assessing and approving a property's refurbishment cost estimate 35.00 Upon bank’s request.
Approval of the determined market value of residential property 30.00 If the valuation is by a valuator not on the list of the bank's approved valuators..
Using
Interest rate Set on case-to-case basis
Interest rate for a loan secured by term deposit 2% The rate is added on top of the term deposit rate
Interest rate revision 1.2%
Change of date of monthly payments Easier via Internet Banking Free of charge
Other changes in credit agreement 150.00 Depending on the type of changes in the agreement, it may be necessary to determine the market value of the property, for which a fee will be charged according to the Price List.
Changes in credit agreement in case of restructuring 75.00
Assessment of expenditure of funds at the construction site 50.00 - 75.00 If the loan is issued for refurbishment of property - 50.00
If the loan is issued for construction/reconstruction of property - 75.00 		In case of construction and reconstruction - always.
In case of refurbishing - only upon bank's request.
Standard bank certificate (balance of the loan, interest and principal paid, overdues, loan collateral, consents, purpose of the loan) Easier via Internet Banking See Bank certificates, document requests, etc. Unless stated otherwise in the agreement.
Other type of certificates upon request Easier via Internet Banking See Bank certificates, document requests, etc.
Early partial repayment of credit Easier via Internet Banking Free of charge
Closing
Full early repayment of the loan Easier via Internet Banking Free of charge Note that there will be additional costs for notary services.
Document processing fee in case of re-financing the loan to other credit institution 426.00

Effective from 19.08.2020.

Consumer Credit for Home

Service Price, EUR
Receiving
Loan disbursement Easier via Internet Banking 1% of the amount, min. 100.00
Using
Interest rate From 7.9% per annum
Change of monthly payment date or the linked account Best value via Internet Banking 0.00 - 7.00
Other changes in the loan agreement Easier via Internet Banking 25.00
Early partial repayment of the credit Easier via Internet Banking Free of charge
Closing
Full early repayment of the credit Easier via Internet Banking Free of charge

Effective from 18.04.2017.

With the self-service feature, you can:

  • change payment date after the monthly payment has been made;
  • change payment account;
  • make early partial repayments.

In other cases (applying for a grace period, prolonging the payment term, change or release of additional collateral), fill in the application.

Home exchange solution

Fill in the new loan application if you want to:

  • buy new property before selling old one;
  • apply for an additional loan.

"Dreilinga Mājas", Robežu street, Riga

In the area between the circular crossings of Lubana Street and Biķerneku Street parallel to Juglas Street, an ambitious residential project is being developed in several rounds.

"Pagalms 2.0", Turaidas street, Riga

Life in the new, prospective project will be particularly valued by young professionals who love an active, dynamic lifestyle and the benefits of the big city.

"Fjordi", Ganību dambis 11, Riga

Andrejsala has taken a new form in recent years.

Pūces street 19, Riga

The adjacent territory will be fitted with a picnic area – a pergola, 2 playgrounds for various age groups, and relaxation areas with benches.

"Krasta kvartāls", Maskavas street 192, Riga

An ideal accommodation for all who love urban lifestyle and appreciate the opportunity to spend one’s free time pleasantly, as well as getting to any part of the city conveniently and quickly.

"Hausmaņa terases", Stirnu street 20, Riga

Hausmanis Terraces is a wonderful place for living thanks to being situated in Riga’s green area, next to Biķernieki forest.

"Trebū Home", Kupriču street, Riga

Trebū HOME is a new and modern residential concept in Rīga developed by combining everything that is necessary for a good and comfortable life.

"Aizkulises", Aleksandra Čaka street 134, Riga

The residential building Aizkulises is a great choice if you’re looking for a modern home, you value time and love active urban life.

"Skanstes parks", Grostonas street 12; Jāņa Dikmaņa street 4; Vesetas street 15, Riga

Living in Skanste Park means being in one of the most promising new districts of Riga.

"Merks Gaiļezera Nami", Gaiļezera street 5, 7, 13, Riga

Merks Gaiļezera Nami is situated in one of Riga’s greenest neighbourhoods – in Mežciems, on the very coast of Gaiļezers lake.

"Park Alley", Pulkveža Brieža street 35, Riga

The project Park Alley is a perfect choice for you if you’re looking for new residential property and wish to live in an environment with well thought-out infrastructure which provides safety and saves time.

"River Breeze Residence", Kuģu street 28, Riga

River Breeze Residence in Kliversala is a truly one of a kind landmark of the city’s silhouette, located on the shore of the Daugava.

"Merks Viesturdārzs", Rūpniecības street 25, Riga

Merks Viesturdārzs is situated in one of the most charming places in Riga - between Klusais Centrs, Andrejosta and Viesturdārzs.

"Akācijas", Akacijas street, Riga

The project consists of four nine-storey residential houses with a total of 216 one, two and three-bedroom apartments. The apartments are offered with full interior decoration.

"Ezerparka Nami", Rusova street 7, Riga

Ezerparka Nami will be an ideal place for living to those who appreciate the advantages of Mežaparks district and the close proximity of the city centre, and like living in an environment suitable for leading an active life.

"Saliena Park Apartments", Līvu street, Saliena (Piņķi)

The Park Apartments are located in Saliena and will be the right choice if you’re looking for a residence in peaceful and safe environment.

"Mārupes Nami", Ventas street 27, Mārupe

Mārupes Nami – where the city life bustle meets the serenity of countryside!

"Nordic Villages", Ādaži, Babīte, Carnikava, Mārupe, Salaspils

Nordic Villages are villages with facilities of private houses in Ādaži, Babīte, Carnikava, Mārupe and Salaspils.

"Felicity Apartments", E. Birznieka-Upīša street 13, Riga

Premium-class apartment in the historical centre of Riga, with private gardens and underground parking.

"Mežaparka Rezidences", Ķelnes street 1, Riga

Land for construction, private houses, semi-detached houses and apartments in top-of-the-line, green and developed environment only 15 min away from the city centre.

"Ābelītes", in Brenguļi, near Valmiera

Modern, A-class energy efficient Scandinavian type of apartment house complex outside the city.

"Tuvidi", Mežaparka street 1&3, Balozi

TUVIDI is a new multi-apartment project in Baloži. Modern and well-considered two- and three-room apartments for couples, families with children and those who want to live near nature and be at the same time a 20-minute ride away from the Rīga centre.

"Liepziedi", Briežu iela 9, Riga

Liepziedi is a new and available apartment project in Mīlgrāvis, Rīga. It is located in green environment, not far from Mežaparks, the Ķīšezers Lake and Ozo gulf club.

"Riverstone Residence", Ķīpsalas street 49, Riga

The new housing project Riverstone Residence located in Ķīpsala offers modern, high-quality, comfortable apartments. The apartments come with terraces or balconies.

"Divi krasti", Kengaraga Street 8a, Riga

Two five-storey residential houses a minute walking distance from the Daugava and Kengarags promenade. The apartments are fully finished. Enclosed area with parking, children's playground and video surveillance. Safe storage areas for bicycles and prams.

"LOFTS& ROSEGOLD", Strelnieku street 8, Riga

The LOFTS&ROSEGOLD project is located at Strelnieku 8 in the respectable and prestige area of Riga.

"Nordeķu mājas", Slokas iela 86, Riga

The presence of Nordeķi park. Peacefulness and Convenience of the area. And offcource the presence of history. Modern architecture, modern living standards and high quality construction!

"IRIS SHAMPETERIS APARTMENTS", Apuzes street 51A, Riga

The residential building complex with several three-floor multi-apartment buildings are planned within the framework of the project.

"Magdelēnas kvartāls", Antonijas street 17A, Riga

Magdelēna’s Quarter is a place where the inhabitants and their wellbeing is the highest priority.

"Philosophers Residence", Raņķa dambis 34, Riga

The philosopher residence is laid out on a large 4200 square meter territory.

"R8 Apartments", Rembates street 8, Riga

The 10-storey residential building consists of 1, 2, 3 and 4-room comfort-class apartments.

"Dignājas dārzi", Dignājas street 1A, Riga

A new development located in Ziepniekkalns on Dignājas street 1A, Riga. The development has 42 apartments with meticulous planning ranging from 34 to 89 square meters.

Mārupes rezidences

Modern, environmentally and family friendly residential village.

Ūbeļu Nami

Ūbeļu Nami is a new apartment house project in Ādaži, Ūbeļu Street near river Gauja in the vicinity of river bend Vējupe.

Baložu iela 9

Place to belong

Rezidences Līčukrasti

A residential neighbourhood with a new concept near Riga – Līčukrasti residences. A dwelling place that combines the demands for a modern lifestyle, infrastructure and nature.”

"Sentimento", Āgenskalna street 24, Riga

Āgenskalna Priedes is the historically first and the oldest district of residential buildings in Riga.

"Rēdera Nami", Maskavas street 48, Riga

Rēdera nami is a fully renovated three-building complex on the banks of the Daugava at Maskavas iela 48. The inner courtyard of the building complex has been landscaped with greenery, murals, a pergola, and a sandbox and swing for children.

Ģenerāļa Radziņa Krastmala 29, Riga

24 sunny and cosy apartments are offered for purchase in a renovated project located just a couple of minutes away from Old Riga - Ģenerāļa Radziņa Krastmala 29.

"Dreilinga Mājas", Robežu street, Riga

In the area between the circular crossings of Lubana Street and Biķerneku Street parallel to Juglas Street, an ambitious residential project is being developed in several rounds. The new home and residence will certainly be liked by families, as their greatest value will be the peaceful atmosphere provided by harmonious contemporary suburban architecture and freedom.

Elīna Dūda
Phone: +371 28695500
E-mail: elina.duda@bonava.com

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Dreilinga Mājas", Robežu street, Riga Find out possibilitiesFill in application

"Pagalms 2.0", Turaidas street, Riga

Life in the new, prospective project will be particularly valued by young professionals who love an active, dynamic lifestyle and the benefits of the big city. Children's playgrounds, outdoor velo camps, as well as special places to enjoy barbecue evenings are provided in the enclosed area.

Mareks Gražuls
Phone: +371 27884222
E-mail: mareks.grazuls@bonava.com

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Pagalms 2.0", Turaidas street, Riga Find out possibilitiesFill in application

"Fjordi", Ganību dambis 11, Riga

Andrejsala has taken a new form in recent years. Here, the industrial environment interrupts with beautiful restaurant terraces on the very coast of Daugava, where several diners' favourite restaurants have housed in the former port buildings, giving this part of the city a contrast-rich hue.

Ļubova Avdejeva
Phone: +371 22027333
E-mail: lubova.avdejeva@bonava.com

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Fjordi", Ganību dambis 11, Riga Find out possibilitiesFill in application

Pūces street 19, Riga

The new Pūces Iela project offers 1, 2, 3 and 4-room apartments with well-thought-out layouts and area options for reasonable prices. For the well-being of the new inhabitants of the house, each apartment will have a balcony and private storage space on the basement floor of the building for storing things not used on a daily basis to have more room in the residential space. The adjacent territory will be fitted with a picnic area – a pergola, 2 playgrounds for various age groups, and relaxation areas with benches.

Elīna Dūda
Phone: +371 28695500
E-mail: elina.duda@bonava.com

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
Pūces street 19, Riga Find out possibilitiesFill in application

"Krasta kvartāls", Maskavas street 192, Riga

An ideal accommodation for all who love urban lifestyle and appreciate the opportunity to spend one’s free time pleasantly, as well as getting to any part of the city conveniently and quickly. The Krasta Kvartāls project will be materialized in several stages, allowing buyers to choose a home which suits them best in terms of area, layout, decoration level and price. The fenced territory, to be equipped with a modern video surveillance system, will have six nine-storey buildings with 500 apartments, as well as greenery and amenities on the spacious territory around the houses. Top-floor apartments on will offer a fantastic view of Daugava and the city in any season.

Elīna Dūda
Phone: +371 28695500
E-mail: elina.duda@bonava.com

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Krasta kvartāls", Maskavas street 192, Riga Find out possibilitiesFill in application

"Hausmaņa terases", Stirnu street 20, Riga

Hausmanis Terraces is a wonderful place for living thanks to being situated in Riga’s green area, next to Biķernieki forest. Close nearby you'll find plenty of opportunities to spend time outdoors, as well as having access to good infrastructure. This place places a focus on comfort for families and good relationship between neighbours.

Elīna Dūda
Phone: +371 28695500
E-mail: elina.duda@bonava.com

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Hausmaņa terases", Stirnu street 20, Riga Find out possibilitiesFill in application

"Trebū Home", Kupriču street, Riga

Trebū HOME is a new and modern residential concept in Rīga developed by combining everything that is necessary for a good and comfortable life so that you can truly enjoy your home. We have used modern technological solutions to provide classical home values to our residents, including comfort, energy efficiency, and safe environment.

Marina Šablovska
Phone: +371 67846525, +371 28660037
E-mail: Marina.Sablovska@trebuhome.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Trebū Home", Kupriču street, Riga Find out possibilitiesFill in application

"Aizkulises", Aleksandra Čaka street 134, Riga

The residential building Aizkulises is a great choice if you’re looking for a modern home, you value time and love active urban life. The housing development is situated in downtown Riga – A.Čaka Street 134, offering a superb view of the city and a nice private yard.

Polīna Lozovska
Phone: +371 20028128
E-mail: sales@aizkulises.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Aizkulises", Aleksandra Čaka street 134, Riga Find out possibilitiesFill in application

"Skanstes parks", Grostonas street 12; Jāņa Dikmaņa street 4; Vesetas street 15, Riga

Living in Skanste Park means being in one of the most promising new districts of Riga. Everything you may need is located in a few minute walking distance from the residential houses: schools and kindergartens, shopping centres, gym, medical establishments and restaurants, as well as public transport what will quickly and conveniently take you to the very heart of Riga – the Old Town.

Dace Tumšā
Phone: +371 26156165
E-mail: dace.tumsa@merks.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Skanstes parks", Grostonas street 12; Jāņa Dikmaņa street 4; Vesetas street 15, Riga Find out possibilitiesFill in application

"Merks Gaiļezera Nami", Gaiļezera street 5, 7, 13, Riga

Merks Gaiļezera Nami is situated in one of Riga’s greenest neighbourhoods – in Mežciems, on the very coast of Gaiļezers lake. The six nine-floor buildings boast modern, energy-efficient 2-4 room apartments with large windows and spacious balconies. The territory features playgrounds for kids and special pontoon footbridge for lakeside walks.

Dace Tumšā
Phone: +371 26156165
E-mail: dace.tumsa@merks.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Merks Gaiļezera Nami", Gaiļezera street 5, 7, 13, Riga Find out possibilitiesFill in application

"Park Alley", Pulkveža Brieža street 35, Riga

The project Park Alley is a perfect choice for you if you’re looking for new residential property and wish to live in an environment with well thought-out infrastructure which provides safety and saves time.

Valters Durevskis
Phone: +371 27276869
E-mail: valters@nvel.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Park Alley", Pulkveža Brieža street 35, Riga Find out possibilitiesFill in application

"River Breeze Residence", Kuģu street 28, Riga

River Breeze Residence in Kliversala is a truly one of a kind landmark of the city’s silhouette, located on the shore of the Daugava. Premium apartments offer a view to the panorama of Old Riga and its tower. Located right at the heart of Riga and yet making you feel like living in a quiet and green garden city. River Breeze Residence is a unique home for people who value high quality and enjoy modern architecture and well considered green living environment in the best location.

Daira Podiņa
Phone: +371 67039669
E-mail: daira@prokapital.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"River Breeze Residence", Kuģu street 28, Riga Find out possibilitiesFill in application

"Merks Viesturdārzs", Rūpniecības street 25, Riga

Merks Viesturdārzs is situated in one of the most charming places in Riga - between Klusais Centrs, Andrejosta and Viesturdārzs. Apartments in the new development project come in a wide range of sizes - from small studio type of flats to elegant two-storey lofts overlooking the park. All the apartments boast modern and ergonomic planning, terraces and balconies, and the quality of the project is guaranteed by construction company Merks.

Dace Tumšā
Phone: +371 26156165
E-mail: dace.tumsa@merks.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Merks Viesturdārzs", Rūpniecības street 25, Riga Find out possibilitiesFill in application

"Akācijas", Akacijas street, Riga

The project consists of four nine-storey residential houses with a total of 216 one, two and three-bedroom apartments. The apartments are offered with full interior decoration.

Andris Dzirnieks
Phone: +371 27330063
E-mail: andris.dzirnieks@kbo.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Akācijas", Akacijas street, Riga Find out possibilitiesFill in application

"Ezerparka Nami", Rusova street 7, Riga

Ezerparka Nami will be an ideal place for living to those who appreciate the advantages of Mežaparks district and the close proximity of the city centre, and like living in an environment suitable for leading an active life.

Žanete Balode
Phone: +371 28672407
E-mail: zanete@neweurope.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Ezerparka Nami", Rusova street 7, Riga Find out possibilitiesFill in application

"Saliena Park Apartments", Līvu street, Saliena (Piņķi)

The Park Apartments are located in Saliena and will be the right choice if you’re looking for a residence in peaceful and safe environment. The apartments feel spacious and airy thanks to the large windows, terraces and balconies, offering a view of the green parks of Saliena. The housing development boasts excellent infrastructure that provides fast connection with the capital and the nearly Jurmala resort town.

Evita Čentoricka
Phone: +371 67600888, +371 27877000
E-mail: sales@saliena.eu

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Saliena Park Apartments", Līvu street, Saliena (Piņķi) Find out possibilitiesFill in application

"Mārupes Nami", Ventas street 27, Mārupe

The name of the apartment building project Mārupes Nami speaks for itself - the proximity of Mārupe to Riga, reachability and highly developed infrastructure provides excellent living conditions for modern people looking for alternatives to the hectic environment of Riga, yet aiming to keep all the advantages of living in the capital.

Līga Zvirbule
Phone: +371 29128428
E-mail: info@marupenami.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Mārupes Nami", Ventas street 27, Mārupe Find out possibilitiesFill in application

"Nordic Villages", Ādaži, Babīte, Carnikava, Mārupe, Salaspils

Nordic Villages are villages with facilities of private houses in Ādaži, Babīte, Carnikava, Mārupe and Salaspils. It is possible to buy ready houses or land with all utilities and then build a house yourself or order that a house be built selecting a project from those offered. All these villages have city utilities, district water supply, paved and illuminated streets, good social infrastructure, convenient traffic.

Jānis Ozols
Phone: +371 22008870
E-mail: janis.ozols@domuss.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Nordic Villages", Ādaži, Babīte, Carnikava, Mārupe, Salaspils Find out possibilitiesFill in application

"Felicity Apartments", E. Birznieka-Upīša street 13, Riga

Premium-class apartment in the historical centre of Riga, with private gardens and underground parking. This is the only residential building in the Baltics boasting the prestigious BREEAM sustainability certificate which attests to the high energy efficiency, quality and comfort of the house.

Oksana Dmitrijeva
Phone: +371 28660033
E-mail: oksana.dmitrijeva@domuss.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Felicity Apartments", E. Birznieka-Upīša street 13, Riga Find out possibilitiesFill in application

"Mežaparka Rezidences", Ķelnes street 1, Riga

Land for construction, private houses, semi-detached houses and apartments in top-of-the-line, green and developed environment only 15 min away from the city centre. The author of the concept for the project’s built environment is Andris Kronbergs (ARHIS). Architecture of the buildings has been designed by well-known architects in Latvia like Reinis Liepiņš and Gatis Didrihsons, as well as the US architect Vladimir Arsene (Westfourth Architecture).

Oksana Dmitrijeva
Phone: +371 28660033
E-mail: oksana.dmitrijeva@domuss.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Mežaparka Rezidences", Ķelnes street 1, Riga Find out possibilitiesFill in application

"Ābelītes", in Brenguļi, near Valmiera

Modern, A-class energy efficient Scandinavian type of apartment house complex outside the city. Spacious and thought-out living premises, big windows, good ventilation, without the usual staircase - all you need for a comfortable, high-quality life.

Sandris Tillers
Phone: +371 25549277
E-mail: sandris@ltdcarling.com

  • 100% off the loan disbursement fee

In collaboration with:
"Ābelītes", in Brenguļi, near Valmiera Find out possibilitiesFill in application

"Tuvidi", Mežaparka street 1&3, Balozi

TUVIDI is a new multi-apartment project in Baloži. Modern and well-considered two- and three-room apartments for couples, families with children and those who want to live near nature and be at the same time a 20-minute ride away from the Rīga centre. The project has 2 apartment houses by the side; from the north, they are surrounded by a rich pine forest in which you can go for a walk in nature, let your pet have a run or enjoy the gifts of forest. TUVIDI is the right place for families with children as there are a school and a kindergarten nearby.

Elīna Plaude
Phone: +371 28632233
E-mail: elina.plaude@arcoreal.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Tuvidi", Mežaparka street 1&3, Balozi Find out possibilitiesFill in application

"Liepziedi", Briežu iela 9, Riga

Liepziedi is a new and available apartment project in Mīlgrāvis, Rīga. It is located in green environment, not far from Mežaparks, the Ķīšezers Lake and Ozo gulf club. Near to it, all the infrastructure required for quality living in a city are located: public transport, shops, school, kindergarten and various recreation possibilities. It is possible to comfortably reach the city centre within 15 minutes. To enjoy the sunset on the Vecāķi beach, it takes only 20 minutes.

Inga Broka
Phone: +371 25458688
E-mail: inga.broka@arcoreal.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Liepziedi", Briežu iela 9, Riga Find out possibilitiesFill in application

"Riverstone Residence", Ķīpsalas street 49, Riga

The new housing project Riverstone Residence located in Ķīpsala offers modern, high-quality, comfortable apartments. The apartments come with terraces or balconies.

Zane Kaupere
Phone: +371 26310633
E-mail: zane.kaupere@yit.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Riverstone Residence", Ķīpsalas street 49, Riga Find out possibilitiesFill in application

"Divi krasti", Kengaraga Street 8a, Riga

Two five-storey residential houses a minute walking distance from the Daugava and Kengarags promenade. The apartments are fully finished. Enclosed area with parking, children's playground and video surveillance. Safe storage areas for bicycles and prams.

Oksana Pedele
Phone: +371 27744500
E-mail: oksana.pedele@kaamos.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Divi krasti", Kengaraga Street 8a, Riga Find out possibilitiesFill in application

"LOFTS& ROSEGOLD", Strelnieku street 8, Riga

The LOFTS&ROSEGOLD project is located at Strelnieku 8 in the respectable and prestige area of Riga. The project comprises of a new 7-storey multi-apartment residential building united with the 4-storey architectural landmark building accomplished in the Neo-Renaissance style through a glass gallery. There are several planning concepts for this building. One is the separation into Loft apartments.

Jānis Mednis
Phone: +371 67885593
E-mail: jm@rvlc.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"LOFTS& ROSEGOLD", Strelnieku street 8, Riga Find out possibilitiesFill in application

"Nordeķu mājas", Slokas iela 86, Riga

The presence of Nordeķi park. Peacefulness and Convenience of the area. And offcource the presence of history. Modern architecture, modern living standards and high quality construction! With only 20 apartments, the three-storey residential building offers a private, peaceful and comfortable atmosphere.

Paula Liniņa
Phone: +371 29712000
E-mail: info@nordekumajas.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Nordeķu mājas", Slokas iela 86, Riga Find out possibilitiesFill in application

"IRIS SHAMPETERIS APARTMENTS", Apuzes street 51A, Riga

The residential building complex with several three-floor multi-apartment buildings are planned within the framework of the project. It is planned to construct three buildings with 72 apartments (from one to four bedrooms) during the first stage. Area of apartments planned between 55 m² (one bedroom) to 130 m² (three bedrooms). The apartments of the second and third floor will have a balcony or a terrace and the first floor apartments will have a private patio (courtyard). In order to ensure higher comfort level of the residents, an elevator is planned in each stairwell, as well as an area for placing strollers and bikes. You can move-in into the purchased apartment immediately after buildings commision, as apartments are sold with a full finish in light or dark colours.

Alina Merca
Phone: +371 29642499
E-mail: sales@irisapartments.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"IRIS SHAMPETERIS APARTMENTS", Apuzes street 51A, Riga Find out possibilitiesFill in application

"Magdelēnas kvartāls", Antonijas street 17A, Riga

Magdelēna’s Quarter is a place where the inhabitants and their wellbeing is the highest priority. With well-thought-out layouts so there’s nothing superfluous and enough for everything you need. With abundance of natural light. With pleasant and easy-to-maintain environment both indoors and outdoors. And a spacious green garden without cars. The awards earned attest to the high quality of the first stage of Magdelēna Kvartāls: Best Commercial Project in the nomination Most Sustainable Project in Latvia 2017, 1st place in the nomination New Residential House in the competition Latvian Construction Annual Award 2018, and 1st place in the nomination New Residential Development in the competition Best Structure of the Year 2018.

Anna Vaskāne
Phone: +371 2633 8833
E-mail: anna.vaskane@vastint.eu

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Magdelēnas kvartāls", Antonijas street 17A, Riga Find out possibilitiesFill in application

"Philosophers Residence", Raņķa dambis 34, Riga

The philosopher residence is laid out on a large 4200 square meter territory. The project has 115 apartments, two apartment houses (22 floors and 23 floor), joined by underground parking lot for 121 car. The philosopher residence - it is breath-taking views from French windows, balconies and terraces overlooking Daugava, Old Riga and the green Ķīpsala, as well as being conveniently situated in city centre and at the same time protected from all the bustle and noise.

Jānis Mednis
Phone: +371 25446355
E-mail: jm@rvlc.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Philosophers Residence", Raņķa dambis 34, Riga Find out possibilitiesFill in application

"R8 Apartments", Rembates street 8, Riga

The 10-storey residential building consists of 1, 2, 3 and 4-room comfort-class apartments. The territory is enclosed by a fence and a green hedge. Automatic driveway gate, a wicket. The territory includes two-level parking space, children’s playground, as well as personal storage rooms.

Laura Berkovica
Phone: +371 26535040
E-mail: laura.berkovica@vitrum-mt.lv

  • 25% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"R8 Apartments", Rembates street 8, Riga Find out possibilitiesFill in application

"Dignājas dārzi", Dignājas street 1A, Riga

A new development located in Ziepniekkalns on Dignājas street 1A, Riga. The development has 42 apartments with meticulous planning ranging from 34 to 89 square meters. All apartments come with full interior finish. Ground level apartments have their own secluded terrace.

Jeļena Miheļsone
Phone: +371 28905333
E-mail: jelena.mihelsone@april-properties.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Dignājas dārzi", Dignājas street 1A, Riga Find out possibilitiesFill in application

Mārupes rezidences

Modern, environmentally and family friendly residential village. In cooperation with the architectural company “MALUS Arhitekti” and award-winning architect Renārs Putnins, a nuanced and elaborated project of a residential village has been developed, paying special attention to the functional layout of the house, precise location of each building in the master plan, landscape element improvements and facade solutions.

Raimonda Omule
Phone: +371 2652 5588, +371 6722 5555
E-mail: omule@vestabalt.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
Mārupes rezidences Find out possibilitiesFill in application

Ūbeļu Nami

Ūbeļu Nami is a new apartment house project in Ādaži, Ūbeļu Street near river Gauja in the vicinity of river bend Vējupe. Proximity of Riga, connection with nature and excellently developed infrastructure make Ādaži an attractive home for young people, families with children and those who will choose Ādaži as their home. All apartments in Ūbeļu Nami will be offered for sale with full interior decoration.

Ginta Brigmane
Phone: +371 2022 0056
E-mail: ginta@vestabalt.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
Ūbeļu Nami Find out possibilitiesFill in application

Baložu iela 9

Surrounded by the historical breath and peaceful mood of Pārdaugava, lies a beautiful apartment building with 18 cozy apartments, where every apartment is designed to become a place to belong and feel happy. Baložu 9 will be preferred both by those who like to live alone, as well as couples and families with children.

Elīna Ozola
Phone: +371 2922 4774
E-mail: elina@hepsor.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
Baložu iela 9 Find out possibilitiesFill in application

Rezidences Līčukrasti

A residential neighbourhood with a new concept near Riga – Līčukrasti residences. A dwelling place that combines the demands for a modern lifestyle, infrastructure and nature.”

Kristīne Dubane
Phone: +371 2823 2007
E-mail: Kristine.dubane@licukrasti.lv

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
Rezidences Līčukrasti Find out possibilitiesFill in application

"Sentimento", Āgenskalna street 24, Riga

Āgenskalna Priedes is the historically first and the oldest district of residential buildings in Riga. Gyms, kindergartens, schools and the nearby Kalnciema Kvartāls make it the social hub of Āgenskalns where everything is within easy reach.

Rolands Purmalis
Phone: +371 29123126
E-mail: sentimento@ivanovs.pro

  • 100% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Sentimento", Āgenskalna street 24, Riga Find out possibilitiesFill in application

"Rēdera Nami", Maskavas street 48, Riga

Rēdera nami is a fully renovated three-building complex on the banks of the Daugava at Maskavas iela 48. The inner courtyard of the building complex has been landscaped with greenery, murals, a pergola, and a sandbox and swing for children. The new residents of the building will have free access to office and meeting rooms, lecture and seminar rooms. The functionally designed apartments boast a top-quality interior with natural materials: well-laid three-ply parquet flooring, “Villeroy & Boch”, “Laufen” and “Grohe” bathroom and kitchen fittings, stone mass tiles and veneered doors.

Amela Al-Asbahi
Phone: +371 29240934
E-mail: amela@hanzasnami.lv

  • 50% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
"Rēdera Nami", Maskavas street 48, Riga Find out possibilitiesFill in application

Ģenerāļa Radziņa Krastmala 29, Riga

24 sunny and cosy apartments are offered for purchase in a renovated project located just a couple of minutes away from Old Riga - Ģenerāļa Radziņa Krastmala 29. Apartments with area of 67 to 95 square meters are available in the six-storey building. Original wood plank floors, doors, radiators from the 1930-ties, with design featuring patches of exposed brickwork.

Dzintars Bērziņš
Phone: +371 26137222
E-mail: dzintars@137.lv

  • 50% off the loan disbursement fee
  • Valuation - free of charge

In collaboration with:
Ģenerāļa Radziņa Krastmala 29, Riga Find out possibilitiesFill in application

The property being pledged requires an appraisal carried out by certified real estate valuator for loan collateral and intended for submitting to Swedbank.

Real estate can be appraised by real estate valuators approved by Swedbank. If the appraisal is performed by a valuation company not included in the list, Swedbank will verify the correspondence of the value to the market situation and to the Latvian Valuation Standard LVS-401.

Swedbank may review any external appraisal received (also ones by the approved valuators) and accordingly revise the market value stated there if it is not based on well-founded assumptions and does not represent the market situation at the time of valuation.

Real estate valuators approved by Swedbank

Company Address Telephone Real estate type / restrictions
RE eksperts Ernestīnes iela 12, Rīga 67544380, 26683829 Valuation of all real estate types
Colliers International Advisor Krišjāņa Valdemāra iela 21, Rīga 67783333 Valuation of all real estate types
Latio Krišjāņa Valdemāra iela 8, Rīga 67032300 Valuation of all real estate types
Newsec Valuations LV Vesetas iela 7, Riga 67508400 Valuation of all real estate types
Arco Real Estate Blaumaņa iela 5a-1, Rīga 67365555 Commercial property valuation with market value of up to 300,000 EUR
Residential property valuation with market value of up to 200,000 EUR
In other cases - with the bank’s approval
Eiroeksperts Krišjāņa Valdemāra iela 20-9, Rīga 67365999 Residential property valuation
Nira Fonds Brīvības iela 73-1, Rīga 67216678, 27011887 Residential property valuation
Ober Haus Vērtēšanas serviss Gustava Zemgales gatve 76, Rīga 29557121, 67284544 Residential property valuation
VCG Ekspertu grupa Kr. Barona iela 31, Rīga 29722989, 67229008 Residential property valuation
Jelgava 29543033, 63082556 Residential property valuation
Langes pils Dzirnavu iela 31-1, Rīga 67505676 Residential property valuation with market value of up to 100,000 EUR
In other cases - with the bank’s approval
Vestabalt Pulkveža Brieža iela 15, Rīga 67225555, 67323600 Residential property valuation with market value of up to 100,000 EUR
In other cases - with the bank’s approval
Vindeks Lāčplēša iela 14, Rīga 67285403, 29235485 Residential property valuation with market value of up to 100,000 EUR
In other cases - with the bank’s approval

If you want your property to be valuated simply, conveniently and fast, let Swedbank valuators take care of that! Swedbank valuations are prepared in abbreviated form and are not suitable for presenting to other credit institutions and cannot be used for the needs of other individuals or legal entities. The fee for Swedbank valuations is charged according to the bank’s price list.

For the possibilities of obtaining real estate valuation from Swedbank, ask your financial consultant at the bank!

A loan suitable for energy efficient solutions in your house.

If you are planning to borrow more than 5000 EUR for home improvement – we recommend taking a look on this loan conditions.

 -25%

Buy home insurance online by 14 February with 25% discount!

Insurance that helps you with loan repayments in case of losing your job or capacity for work.

A loan suitable for buying and installing solar panels to produce electricity for your own needs.

Real estate valuators approved by Swedbank

The property being pledged requires an appraisal carried out by certified real estate valuator for loan collateral and intended for submitting to Swedbank.

Real estate can be appraised by real estate valuators approved by Swedbank. If the appraisal is performed by a valuation company not included in the list, Swedbank will verify the correspondence of the value to the market situation and to the Latvian Valuation Standard LVS-401.

Swedbank may review any external appraisal received (also ones by the approved valuators) and accordingly revise the market value stated there if it is not based on well-founded assumptions and does not represent the market situation at the time of valuation.

Real estate valuators approved by Swedbank

Company Address Telephone Real estate type / restrictions
RE eksperts Ernestīnes iela 12, Rīga 67544380, 26683829 Valuation of all real estate types
Colliers International Advisor Krišjāņa Valdemāra iela 21, Rīga 67783333 Valuation of all real estate types
Latio Krišjāņa Valdemāra iela 8, Rīga 67032300 Valuation of all real estate types
Newsec Valuations LV Vesetas iela 7, Riga 67508400 Valuation of all real estate types
Arco Real Estate Blaumaņa iela 5a-1, Rīga 67365555 Commercial property valuation with market value of up to 300,000 EUR
Residential property valuation with market value of up to 200,000 EUR
In other cases - with the bank’s approval
Eiroeksperts Krišjāņa Valdemāra iela 20-9, Rīga 67365999 Residential property valuation
Nira Fonds Brīvības iela 73-1, Rīga 67216678, 27011887 Residential property valuation
Ober Haus Vērtēšanas serviss Gustava Zemgales gatve 76, Rīga 29557121, 67284544 Residential property valuation
VCG Ekspertu grupa Kr. Barona iela 31, Rīga 29722989, 67229008 Residential property valuation
Jelgava 29543033, 63082556 Residential property valuation
Langes pils Dzirnavu iela 31-1, Rīga 67505676 Residential property valuation with market value of up to 100,000 EUR
In other cases - with the bank’s approval
Vestabalt Pulkveža Brieža iela 15, Rīga 67225555, 67323600 Residential property valuation with market value of up to 100,000 EUR
In other cases - with the bank’s approval
Vindeks Lāčplēša iela 14, Rīga 67285403, 29235485 Residential property valuation with market value of up to 100,000 EUR
In other cases - with the bank’s approval

If you want your property to be valuated simply, conveniently and fast, let Swedbank valuators take care of that! Swedbank valuations are prepared in abbreviated form and are not suitable for presenting to other credit institutions and cannot be used for the needs of other individuals or legal entities. The fee for Swedbank valuations is charged according to the bank’s price list.

For the possibilities of obtaining real estate valuation from Swedbank, ask your financial consultant at the bank!

Home loan with state support for families with children

If you’re expecting a baby or already have at least one child of up to 23 years of age in your custody who lives with you, and you’re planning to buy or build a home costing up to 250,000 EUR, apply for a loan with state support.

The size of the guarantee depends on the number of children in the family, including the child expected.

  1. If there is 1 minor child in the family, the guarantee is 10% but not more than 10,000 EUR.
  2. If there are 2 children in the family, the guarantee is 10-15% but not more than 15,000 EUR.
  3. If there are 3 children in the family, the guarantee is 10-20% but not more than 20,000 EUR.
  4. If there are 4 or more children in the family, the guarantee is 10-30% but not more than 30,000 EUR.
  5. If you’re buying a class-A energy efficient residential property, the amount of the guarantee may be increased by 5%.
  6. If you’ve used an Altum guarantee before, you can do it again if:
    • at least 3 years have passed since receiving the first guarantee;
    • the guarantee is already discharged;
    • the number of children in the family has increased since receiving the first guarantee.
  • Regular monthly income.
  • Positive credit history
  • Extent - up to 95% of the property’s market value.
  • Period – up to 30 years.
  • Collateral – the real estate being purchased or built.
  • ALTUM fee for granting the guarantee – 2.5% of the guarantee amount (1% in case of contract amendments).
  • Terms of construction loan - a cost estimate and building permit are required; the loan is made available in parts and a Swedbank representative will inspect the property before every portion of the loan is disbursed.
  1. Fill out the application and we will let you know about submitting additional documents required.
  2. The bank decides on granting the loan and notifies ALTUM.
  3. ALTUM decides on granting the guarantee.
  4. Pay ALTUM fee of 2.5% of the guarantee amount.
  5. Sign agreement with the bank.
  6. ALTUM prepares guarantee agreement for the bank.

Mortgage loan for young professionals

If you’re a young professional of 18 to 35 years of age and plan to buy real estate, apply in the housing guarantee programme un get co-funding for buying residential property.

  • Regular monthly income from 600 EUR (with co-borrower 800 EUR)
  • Positive credit history
  • Extent - up to 95% of the property's market value
  • Repayment period - up to 30 years
  • Collateral - the real estate being purchased or built
  • ALTUM fee for granting guarantee - 4.8% of the size of the guarantee (1% in case of amendments to agreement)
  • Conditions for construction loans: cost estimate and building permit required. The loan is disbursed in parts. Swedbank’s representative will inspect the property before disbursement of each part of the loan.
  1. Fill out the application and submit the required documents
  2. The bank decides on granting the loan and notifies ALTUM
  3. ALTUM decides on granting the guarantee
  4. Pay ALTUM fee of 4.8% of the amount of the guarantee for the first period
  5. Sign agreement with the bank
  6. ALTUM prepares guarantee agreement for the bank

Loan for construction

Swedbank offers the most convenient solution for building, refurbishing or reconstructing your home.

Calculate the approximate construction costs here.

  • Construction cost estimate;
  • Construction plan or sketch;
  • Property’s future value.
  1. The bank evaluates correspondence of construction costs to the work to be performed;
  2. Grants financing of up to 80% of the future value (with option to obtain Altum guarantee);
  3. We agree on breakdown of loan disbursement;
  4. We issue 70% of the present value as first portion of the loan;
  5. Remaining portions of the loan are disbursed after the previously disbursed portions and customer’s own contribution are invested.

How does the home exchange solution work?

  1. Fill out the application and indicate that you wish to use the exchange solution for buying the new home.
  2. Buy a new property.
  3. The bank will reduce the existing duration of the mortgage loan agreement to 12 months, keeping the monthly payment amount the same.
  4. You have 12 months to sell the existing property and pay off the balance of the first loan*.
  5. When the loan for the first home is repaid, you will again have just one loan for the new home.

* You have a possibility to postpone principal repayments for 12 months and pay only interest for the first loan.

Programme “Balsts”

If there are at least three children in your family and you are planning to purchase or build a home, you can receive funding in the form of an Altum grant, which will not have to be repaid. The available state funding ranges from 8,000 to 12,000 EUR and depends on the size of your family and the energy efficiency class of the dwelling.

  • Families with 3 or more children living in the same home.
  • Average income per family member (including children) for the last available taxation year, for which taxes are payable, does not exceed 17,000 EUR (gross).
  • Tax residents of Latvia (for at least the past 12 months).
  • The support recipient does not own any other residential property (home, apartment, cottage).

The grant will partially or fully substitute own co-financing. The grant cannot exceed 50% of the purchase price/construction costs.

What is the available amount of financing?

Number of children (including, if expecting) Energy efficiency class of the home to be purchased/constructed Maximum amount of grant, EUR
3 Not an almost zero-energy building 8,000
3 Is an almost zero-energy building 10,000
4 or more Not an almost zero-energy building 10,000
4 or more Is an almost zero-energy building 12,000
  • Regular monthly income.
  • Positive credit history.
  • Amount — up to 95% of the market value of the property, because the Altum guarantee can be used.
  • Term — up to 30 years.
  • Collateral — the real estate property purchased or constructed.
  • Conditions for construction loan — a cost estimate and construction permit are needed, the loan is issued in instalments; prior to the issue of each instalment, a Swedbank representative performs an on-site inspection.
  1. Fill out an application and we will let you know what additional documents need to be submitted.
  2. The bank takes a decision on issuing the loan and informs Altum.
  3. Altum takes a decision on issuing the grant.
  4. Sign the loan agreement with the bank.
  5. Electronically sign the grant agreement with Altum.
  6. Altum transfers the grant to the bank.

In case of purchase — at the time of transferring the purchase amount, the bank transfers these funds as co-financing or as part of it.

In case of construction — these funds are deposited to the customer’s account in accordance with the conditions of the loan agreement. The grant may be used only for non-cash settlement, and the customer has to report as to the use of the grant.

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