Green home loan
A mortgage for individuals buying or building an energy-efficient home in Lithuania, with a lower interest rate than the regular home loan and no contract fee.
Αυτή η ευκαιρία είναι προς το παρόν διαθέσιμη στα Αγγλικά.
SEB lends money towards purchasing or constructing a qualifying energy-efficient home. You repay the loan with interest, and the property secures the borrowing. The bank sets your interest rate individually; its green offer advertises a lower rate than the regular home loan and a zero contract fee.
For a primary home, SEB can lend up to 85% of the lower of the purchase price and market value, for up to 30 years. For a home that is not your primary residence, including a homestead or summer house, the limits are up to 60% and 25 years. The bank assesses what your household can repay.
Eligibility
- You must be an adult Lithuanian national or hold a permit of permanent residence in Lithuania, and have regular income. Monthly repayments to credit institutions should total no more than 50% of your monthly net income. At least 15% of the project budget must come from your own money, rather than another loan.
- For buildings constructed before 2021, the property can qualify with energy class A++. Alternatively, it can have class A+, A or B if its annual primary energy consumption is no more than 145 kWh per square metre for a private house, or 190 kWh per square metre for a flat in an apartment building. The building’s energy performance certificate provides its energy-consumption information.
- For buildings constructed from 2021, the property must have energy class A++ and primary energy demand (PED) 10% below the threshold for nearly-zero-energy buildings. This is a test of the building’s energy demand against that standard, in addition to its energy class.
- The mortgaged property must be in Lithuania. Its value must be assessed by a property valuer, and it must remain insured in the bank’s favour throughout the loan. If you fail to meet your repayment obligations, you risk losing the mortgaged property.
How to apply
- Κατάσταση
- Δεν έχουν ανακοινωθεί ημερομηνίες
Apply through the home-loan application on SEB’s green home-loan page. Existing SEB customers continue in the internet bank; there is also a route for new customers.
SEB lists a loan application, identity documents and consent to obtain information from external databases among the documents required from you and your spouse. For construction, it may also request the construction permit and design documents, proof of ownership or lease of the land, and a works budget and timetable.