Almost everyone dreams of owning their own apartment or house. To make this dream come true, it is usually necessary to take out a mortgage loan. Why is it worth taking out such a loan specifically from Alior Bank?
Michał Turbak: By taking out a mortgage loan from Alior Bank to purchase an apartment, house or plot of land, you can count on a low margin and a 0% commission. The loan term can be up to 30 years. Also worth highlighting is the possibility of suspending principal repayments for up to 6 months per year (up to 5 years in total). It is worth noting that a mortgage loan from Alior Bank makes it possible to receive funding under the “Mieszkanie dla Młodych” programme.
For most people, a mortgage loan is associated only with financing the purchase of an apartment, house or building plot. Can a mortgage loan actually be used only for these purposes?
Michał Turbak: No, not only. Mortgage loan funds can also cover the costs of finishing, renovating or adapting a property, as well as finance the construction of a house using the self-build system. A mortgage loan can also be used to consolidate liabilities, that is, to replace several loans with one loan with a lower instalment. Finally, mortgage loan funds can also be used for any consumer purpose: purchasing household appliances, furniture, going on holiday or simply making dreams come true.
To take out a mortgage loan, it is necessary to secure the loan with a mortgage on a property, correct? What can serve as this security?
Michał Turbak: That is correct. To take out a mortgage loan instead of, for example, a cash loan, you need to provide a property as security. This security may be an apartment, house or plot of land that you already own or are purchasing with the funds from the mortgage loan being taken out. The bank also accepts security on a property belonging to a third party.
So perhaps it is worth taking out a mortgage loan and fulfilling today the plans and dreams—sometimes postponed for a long time—that you have been putting off?
More detailed information about mortgage loans can be obtained at the Alior Bank partner branches in Bolesławiec: ul. Zgorzelecka 46, 75 732 22 51, and ul. Mickiewicza 1/9, 75 713 70 02.
The waiver of the mortgage loan arrangement fee applies to loans below PLN 1 million with additional loan security in the form of an assignment of rights under a life insurance policy. The final lending terms depend on the Client’s creditworthiness.
