Home Loan

home loans

What is a Home Loan?

A home loan allows people to buy or renovate their home. Home loans can be taken out for the purchase, renovation or construction of a new or existing apartment or house. The conditions for getting a home loan are flexible, which means that the loan can be used for several purposes. The home loan application process is quick and easy and allows you to buy your dream home. With a home loan, you have the opportunity to buy a home for you and your family.

Advantages of a home loan

  • A home loan allows for a higher loan amount if. pet loans. This means you can buy the home you've always dreamed of!
  • Home loans are flexible and can be used for a variety of purposes, including buying, renovating or extending your home.
  • Applying for a home loan is quick and easy.
  • The interest rate on a home loan is lower than that on a quick loan.

Advantages of a home loan compared to a quick loan

A home loan is a better choice than a quick loan for several reasons. First, the interest rate on a home loan is usually lower than the interest rate on a quick loan. This means that home loan repayments are cheaper, which helps you save more money over time.

Secondly, the conditions for obtaining a home loan are more flexible than those for a quick loan. A lot of paperwork is usually required to get a quick loan, but a home loan usually only requires a payment schedule and proof of purchase or construction of a property. Thirdly, a home loan can be used for a number of purposes, including buying, renovating or extending a home or apartment, while quick loans are often used for quick, short-term financing.

A home loan allows you to buy the home of your dreams or improve your existing one, while quick loans are more of a temporary solution. Home loans are longer-term loans that allow you to get a property without monthly rent payments, while quick loans are short-term loans to finance temporary needs.

Finally, there are many more options for home loans in Estonia than for quick loans. Mobey acts as a middleman between lenders, offering you a faster and lower interest rate loan and excellent customer service. A home loan is a better choice than a quick loan because it allows you to get the home of your dreams and save money in the long run.

Conditions for getting a home loan

  • The applicant must be a citizen of the Republic of Estonia.
  • You must be at least 21 years old.
  • You must have a stable job or other stable income.
  • You must have a good credit rating.

Convenience with Mobey

Thanks to our service, you can apply for a home loan in the comfort of your own home, confident that you've found the best deal. Check out our offers and apply for a home loan today - it's quick and easy!

What to remember when taking out a loan?

Before applying for a home loan, it's important to follow a few tips to help you find the best possible loan deal:

  • Before taking out a home loan, compare the offers from different lenders and choose the one that suits you best. Mobey helps you quickly and easily compare offers from different lenders and find the best loan deal for you;
  • think about your means: before applying for a car loan, make sure you can repay the loan. Plan your financial activities carefully and consider your income and outgoings;
  • read the terms and conditions: before taking out a home loan, read the terms and conditions carefully. Ask Mobey professionals for advice, we are always ready to help;
  • If you have any questions, you can always contact Mobey for help. Our professional and helpful experts will help you find the best solution.

Home loans change your life

Buying your own home is a great investment because it brings many advantages that renting does not.

First, buying your own home is a financially more secure choice. When you rent, you pay a monthly rent that gives you nothing back when you stop renting. When you buy your own home, you make monthly mortgage repayments, which help you to increasingly own your home. In addition, once your home is fully paid for, you can sell or rent it, which gives you a passive income.

Secondly, buying an apartment or a house gives you the freedom to do whatever you want with your home, for example renovate it, knock down walls, without having to wait for the tenant's consent. When you rent, you usually have a limited right to change your home, which means you can't do any major renovations, which means it will never be the right place for you.

If you're interested in a car loan, feel free to contact Mobey - our professional and helpful customer service team will help you find the best solution.

Thirdly, buying an apartment or house brings long-term stability. When renting, you never know how much the rent will rise or how often you will have to change your home. When you buy your own home, your monthly mortgage payment is secure and you are guaranteed to live in the same home for years or even for life. In addition, property values rise over time, which means that the value of your home is likely to increase, meaning you can sell your home or apartment for a higher price later.

Looking at the statistics, we can conclude that people who buy their own flat or house accumulate more money over a lifetime than those who rent. This is due to the fact that buying your own home leads to longer-term savings because there is no need to pay rent.

Thanks to Mobey, getting a home loan is very easy. We help you get a loan faster, with lower interest rates and excellent customer service. So you won't be a tenant for life. Buying your own home brings many benefits, both practical and emotional.

Renting is a temporary solution, but buying your own home is an investment in your future and your financial security.

Home Loan FAQs

Can I use a home loan to buy an existing house or apartment?

Yes, a home loan can be used to buy a new or an existing apartment or house.

What is the minimum loan amount for a home loan?

The minimum loan amount for a home loan varies depending on the lender, but is usually €2,000.

Can I apply for a home loan without an existing property?

Yes, you can apply for a home loan even if you don't own any property. To get a loan, you need to provide details of the home you want, a payment schedule and proof of purchase or construction of the property.

How can I apply for a home loan?

You can apply for a home loan in several places. Banks, fast loan companies and credit institutions are popular choices. With Mobey, you can get a home loan easier and faster. We act as an intermediary between lenders, offering you a loan with a lower interest rate and excellent and fast customer service.

Do I need a guarantee to get a home loan?

In most cases, the real estate you want to buy or renovate is needed as collateral.

How is the interest rate on a home loan determined?

The interest rate on a home loan depends on the lender and the credit rating of the borrower. It is usually lower than the interest rate on a quick loan.

Mobey is ready to help

You don't have to wait any longer, contact Mobey now - we want to help you buy your dream home. Our professional and helpful customer service team will help you find the best home loan deal and guide you through the entire loan process!

Apply now

cooppank.ee

Type of loan

Long-term

For the period of

72 months

Rate

8.90% day

Loan amount

15000 €

Approval

2 minutes

First free loan

no
kreditex.ee

Type of loan

Long-term

For the period of

72 months

Rate

23.00% month

Loan amount

5000 €

Approval

15 minutes

First free loan

no
tfbank.ee

Type of loan

Long-term

For the period of

84 months

Rate

17.00% month

Loan amount

10000 €

Approval

60 minutes

First free loan

no
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