- Category : SERVICE
We undertake the approval of your bank loan for the financing of your prefabricated house. The financing application process is a time-consuming process that requires experience in the banking system. At Prokat Karagiannakis, we fully undertake your bank loan approval process as we have years of experience and knowledge of the banks’ loan approval policies.
The disbursement of the housing loan is implemented gradually, according to the progress of construction or completion works, giving you the opportunity to pay an instalment which is modulated according to the loan amount disbursed. This is important because essentially an installment payment is made on the amount disbursed and when the full loan amount is disbursed, then an installment payment is made on the entire loan amount.
Basic Loan Conditions
- Have a declared income of more than 10.000€
- Have 8.000 – 10.000 euros of funds that you can use for construction
- You can have a loan running concurrently as long as there is no delay in repayment
- Mandatory age under 65 years old
- Photocopy of both sides of your ID or passport
- Photocopy of last year’s tax statement
- Photocopy of last pay slip or employer’s certificate of earnings/previous service (for employees & pensioners)
- Photocopy of last two income tax returns (E3)
- Recent bank statement in case you have another loan
- Form E9 requested if applicable