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. What speaks in favor of taking out such a loan specifically from Alior Bank?
Katarzyna Habel: When 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 0% commission. The loan term can be up to 30 years. Also worth emphasizing is the possibility of suspending principal repayments for up to 6 months per year, for a total of up to 5 years. It is worth noting that a mortgage loan from Alior Bank makes it possible to receive funding under the “Mieszkanie dla Młodych” (“Apartment for the Young”) Program.
For most people, a mortgage loan is associated only with financing the purchase of an apartment, house or building plot. Can a mortgage loan in fact be used only for these purposes?
Katarzyna Habel: No, not only. Mortgage loan funds can also cover the costs of finishing, renovating or adapting a property, as well as financing 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 installment. Finally, mortgage loan funds can also be used for any consumer purpose: purchasing household appliances, furniture, a holiday trip 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?
Katarzyna Habel: That is correct. To take out a mortgage loan instead of, for example, a cash loan, you must provide real estate 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 cherishing?
More detailed information about mortgage loans can be obtained at the Alior Bank partner branches in Bolesławiec: 46 Zgorzelecka Street, 75 732 22 51, and 1/9 Mickiewicza Street, 75 713 70 02.
The absence of a commission for granting a mortgage loan 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.
