The bank offers a loan for purchasing of a dwelling with the maturity of up to 40 years.

General Conditions

For which purposes is the housing loan granted?

• For purchasing or building the housing premises.
• For purchasing a land plot and building the housing premises on it.

What is the housing loan term?
The loan for purchasing or building the housing premises is granted for 40-year term.

What is the housing loan currency?
The housing loan can be granted in Litas, Euros or USA dollars.

Who can receive the housing loan?
The loan is granted to persons from 18 years of age, citizens of the Republic of Lithuania or those who have the permission to permanently live in Lithuania and those who receive a permanent income.

What amount of the housing loan can you obtain?

The amount of the housing loan depends on:

• the purchasable housing value and age or the estimated value of the constructed housing;
• the amount of the permanent family income and already existing liabilities.

You will find out a preliminary answer on what housing loan amount you can obtain, considering your income and liabilities, by calling at toll-free phone 8 800 27 272.

How is the housing loan redeemed?
While taking the housing loan, you may choose how to redeem the housing loan - by annuity or linear manner.

By choosing the linear loan redemption manner, you will be redeeming the loan in equal portions, and you will be paying the interest from the loan balance every month. For this reason, the first loan redemption instalments will be larger, however, they will be diminishing every month as you redeem the loan.

If you choose the annuity redemption manner, during the entire redemption period you will be paying equal instalments. At the beginning of the redemption, they will be smaller than the instalments which you would pay in the case of the linear loan redemption.

Every month the bank itself will automatically debit from your Bank SNORAS account the amount of money designated for redeeming the loan and paying the interest. As the settlement day approaches, you will only have to make sure that the funds would be sufficient on your account for the monthly instalment that day.

You can specify the information about the monthly instalment amount in the housing loan redemption schedule via "Internet bank+" system (on the settlement day), by calling at toll-free phone 8 800 27 272^* or in any Bank SNORAS subdivision.

* If you want to know the housing loan instalment by phone, you will have to give the payment card password.

How to obtain the housing loan?

•  Consult at toll-free phone 8 800 27 272 or by e-mail info@snoras.lt
• Visit the nearest branch or the branch outlet of the bank where the specialists will provide you with all relevant information, will help you to fill in the application, and will find the most suitable solution for you.