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Greece Overseas Mortgage
We have overseas mortgage lenders who will :- give 100% mortgages accept adverse credit history mortgages with no deposits.
Includes Greek mainland and all islands except Cyprus on residential property
Loans available for the majority of Nationalities for either House Purchase orre-financing for Home Improvements (other purposes on a case by case basis).
Type of Loan:Repayment Mortgage only
Minimum:£ 20,000 with no maximum, subject to 75% of valuation (75% LTV)
We have a flourishing 'self cert' scheme both in Sterling and Dollar. It's very popular and has the same interest rates as full status.
Proof of Income: It is a requirement in all cases that borrowers are able to provide proof ofincome. The definition of income may vary from one lender to the next, butgenerally comprises earned income, pension, rental income and investment income.Each lender may have a different approach in making allowance for a particulartype of income, when they establish the maximum loan available for a borrower.
Non-status loans are not available at this stage.
Term:Maximum 25 years - up to borrower being age 70
Currency:Euros, US Dollars and Sterling only
Current Variable Interest Rate:in the region of 4.75% but different structures available. |
