Secured Loans: Buying your first home
The purchase of a house is a significant event in life that can bring great joy and fulfillment. It is considered to be one of the most important milestones that one can achieve.
Housing Loan in our bank offers below mentioned benefits:
Find out what a home loan is all about and its many benefits.
Up to 100% financing of the Purchase Price
Competitive interests
High loan tenor
No guarantor required
For more information, download the Pre-contractual Information for Housing Loan.
Build the future in your new home
We make the buying process a beautiful experience.
The ultimate home loan
General Conditions
- Up to a value of 21.000.000 ALL or 180.000 EUR
- Loan term up to 30 to years
- Up to 100% financing of the sale contract price, with the addition of extra collateral.
- Competitive interest rates
Fix Interest Rate Campaign!
To all applications starting from 15th of April 2025 up to 15th of June 2025!
4.0% fix interest rate for 10 years!
After the fixed interest period ends, variable interest rates on the loan will apply.
EXAMPLE:
Loan amount: 8,000,000 ALL
Loan term: 30 years
Interest rate: 4% for the first 10 years with an APR of 4.13%
The loan installment for the first 10 years is 38,193 ALL to be paid monthly (including principal and interest)
If the client receives their salary in Raiffeisen Bank, after the first 10 years the interest rate will be the 12-month Treasury Bill rate, adjustable annually, plus 1.8%
Assuming the Treasury Bill rate remains as it currently is, the loan interest rate will be: 2.78% + 1.8% = 4.58%
The loan installment calculated with this interest rate, for the subsequent years, will be 40,147 ALL
Valid only for Housing Loans in ALL currency!
Get ready to apply
Ensure that you meet the eligibility requirements for our home loan solutions and organize your documents to obtain the necessary financial pre-approval for your project.
Eligibility criteria
To qualify for a loan, you must:
- Be a resident of Albania
- Receive your salary in Albania
Required Documents
Identification documents:
- Personal ID (if applied with a Co-Borrower, Personal ID of Co-borrower needed too)
- Family Certificate
Financial Documents:
- Documents verifying your employment and incomes (if applied with a Co-Borrower, financial documents of co-borrower are needed too)
Property legal documents:
- The certificate of ownership of the house that will be bought or left as collateral
- The cartel of Property
- The map of the property
- A draft of Selling-Buying agreement
- The administration fee will be 1.25% of the loan amount (25,000 ALL / 200 EUR - 100,000 ALL / 800 EUR)
- For a secured loan, the property being purchased or another property must be blocked as collateral if the purchased property does not have a title deed.
- You can benefit from up to 100% financing by blocking a second collateral for the loan.
- Other costs to be paid related to the loan include: property appraisal, loan contract, and blocking of the collateral in ASHK
Beware! Borrowing money costs money.
ESG GREEN Loans
Raiffeisen Bank's commitment to promoting sustainable development and supporting the environment, climate change, CO2 (carbon dioxide) emissions and energy efficiency.
ESG Loan Financing is offered for:
- Purchase Apartments built from January 2021 (equipped with energy efficiency certificates)
- Apartments with energy efficiency certificates
Interest Rates
Here are some options for your loan:
Fixed Interest rates for 3 years in ALL
- Salary Deposit Clients 6.0% fix for 3 years
- Standard Clients 6.5% fix for 3 years
- Premium Clients 5.7% fix for 3 years
Fixed Interest rates for 3 years in EUR
- Salary Deposit Clients 7.0% fix for 3 years
- Standard Clients 7.5% fix for 3 years
- Premium Clients 6.7% fix for 3 years
Housing Loan in ALL currency
- Paga + Clients: starting from T-bills + 1.80% (Minimum 3%)
- Standard Clients: starting from T-Bills + 2.30% (Minimum 3%)
- Premium Clients: starting from T-Bills +1.55% (Minimum 3%)
Housing Loan in EUR currency
- Paga + Clients: starting from Euribor + 5.50% (Minimum 4%)
- Standard Clients: starting from Euribor + 6.00% (Minimum 4%)
- Premium Clients: starting from T-Bills + 5.25% (Minimum 4%)
ESG Loan
- For ESG Loan, a discount from the standard interest will be applied according to the respective segments of clients, both in ALL and Euro.
Frequently Asked Questions
On this part you may find the most frequently asked questions about Financing your new Home
Yes, you can be financed for a house which is under construction, by bringing another property as collateral, always respecting the terms and conditions of the bank related to the type of property, value and coverage of the loan
To get financed by the bank for a housing loan, you have to be employed and have declared incomes that cover the loan instalment, despite a property to be used as pledge for the bank. If the house you would like to buy is not registered yet, you should have another property for pledge, but it is crucial you are engaged in work and have incomes from work
The amount of loan depends on some factors that are related to the monthly instalment and the tenor of the loan. The bank also offers different maximum amounts of loan for different type of clients. The bank finance up to 100% of the value of the house that will be bought
Yes, you can be financed for both objects, with the condition that the house and the garage are located at the same building or complex of buildings
You can bring another property as collateral, but it should be a residence type, a living apartment, a villa or a unit.
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