Question 1

What down payment is required for a mortgage in Poland?

Accepted Answer

Banks most often require at least a 20% down payment. Some banks accept 10%, but this usually means additional low-down-payment insurance or a higher loan cost.

Question 2

What does LTV mean in a mortgage?

Accepted Answer

LTV is the ratio between the loan amount and the property value. A lower LTV means a higher down payment and usually better financing terms.

Question 3

Can a foreigner get a mortgage in Poland?

Accepted Answer

Yes, but the bank checks residence status, income in Poland, credit history, PESEL and property documents. In some cases a residence card or additional confirmations may be required.

Mortgage loans