Pre-mortgage loans

Short-term loans for real-estate acquisition, privatisation, construction or refurbishment

Invest before you get
a mortgage loan

WE WILL FINANCE
Up to 90% of
real estate value

Loan tenor of up to 2 years

Receive up to CZK 3 million without security

Available for construction and refurbishment

We will arrange real estate valuation

USE THIS LOAN TO FINANCE THE FOLLOWING:

  • Acquisition of real estate for personal ownership

  • Acquisition of a cooperative flat

  • Refurbishment, remodelling or repairs

  • Consolidation of existing loans

  • Start real estate construction on land owned by city or municipality

  • Start “quick” construction of prefabricated house

Selected pricelist items

Show complete pricelist

Evaluation of a loan application
CZK 2,000
Evaluation of risks related to residential unit / house - express
CZK 1,000
Evaluation of risks related to Residential unit / house - standard
CZK 4,500
Drawing a loan on a deposit proposal
CZK 1,500
Drawing a loan
Free of charge
Credit administration
Free of charge
Credit account statement - Electronically
Free of charge

HOW TO GET THIS PRODUCT?

By phone

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At a branch

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USEFUL INFORMATION

  • Short-term loan that will allow you to finance housing in situations when you still do not have any property (most commonly in case of cooperative housing, privatisation, and development or self-build projects)
  • With a pre-mortgage loan you can build or refurbish your home on your own (self-build) or finance advance payment invoices

 

  • Maximum amount determined based on:
    • The amount of the subsequent mortgage loan
    • The value of mortgaged properties
    • The amount invested in the property
    • Your ability to repay the loan

 

  • Loan drawdown for specific purposes subject to producing the documents proving the purpose, with the money credited to
    • an account specified in the purchase contract (in case of acquisition)
    • accounts of contractors (in case of construction/refurbishment )
    • your current account (in case of refund)

 

  • Loan repayment:
    • Monthly (on the 10th or 15th day of each month)
    • One-off repayment of the principal from the subsequent mortgage loan
  • Minimum loan amount starting at CZK 100,000
  • Fixed interest rate for the entire loan term
  • Loan available without security – up to CZK 3 million
  • Receive up to 90% of mortgaged real estate value
  • Real estate valuation arranged by KB, including the certificate of title from the Land Register 
  • You can finance the following:
    • Purchase of real estate as your own property (and also as co-ownership)
    • Real estate refurbishment, remodelling and repairs as a self-build project, and to pay advance payment invoices
    • Settlement of co-ownership and inheritance claims to real estate
    • Purchase of a cooperative flat
    • Start real estate construction through contractors
    • Start real estate construction on land owned by a municipality
    • Start “quick” construction of prefabricated houses
    • Consolidate previously granted loans used for real estate investments
    • Purchase real estate even in case the seller is not willing to transfer the title to you before the purchase price transfer

This loan is intended for Czech citizens, foreign nationals with a permanent residence permit, and citizens of EU member states with a residence permit in the Czech Republic. It may be drawn by up to 4 people and no more than 2 households.

Pre-portgage loan requirements:

  • A CZK current account for individuals maintained throughout the loan term
  • Valid identity documents – your ID card, passport
  • Proof of income – the Confirmation of Income from Employment form, or a tax return, as appropriate
  • Mortgage loan application
  • Other documents based on loan purpose, e.g. the purchase contract, building permit, design documents, etc.
  • Documents for the financed property, e.g. the title deed

For more information about the whole mortgage loan process see our Guide to Housing.

The pre-mortgage loan repayment period is between 1 and 24 months.

Loan amount: CZK 1,300,000; maturity: 14 months; fixed interest rate: 2.99% p.a.; APRC: 3.25%; total repayable sum: CZK 1,345,109.21; First interest payment: CZK 1,511.61; 2nd to 12th interest payments: CZK 3,239.17, 13th payment CZK 1,301,727.56. One-time fee for: loan processing CZK 2,000; real estate valuation CZK 1,000; petition for entry in the Land Register: CZK 0, petition for striking off the Land Register: CZK 0. Monthly fees for: loan administration: CZK 0; MůjÚčet current account: CZK 0; electronic statements: CZK 0. The example is calculated using the drawdown date of 1 December 2016, with loan maturity on 1 January 2018. The loan is provided without security.  

Good to have

Mortgage Loan

A housing loan that can be used within 2 weeks.
  • You can receive up to 90% of the required amount
  • In addition, you can receive up to CZK 400,000 for anything