Financial Loan
Need Funds and Own Property?
Home Equity Loan –What Is It and How to Use It?
A home equity loan is a financial product where you have complete freedom in how you spend the funds, with your property serving as collateral. Unlike a mortgage loan, which is strictly for housing purposes, a home equity loan allows you to finance various needs – from home renovations and vacations to investments or business expansion.
By choosing a home equity loan, you can access up to 80% of your property’s value. However, it’s important to remember that loan offers can vary significantly between banks – one lender might approve PLN 200,000, while another could offer as much as PLN 300,000 with the same creditworthiness. Therefore, comparing available offers is crucial to securing the best deal.
What do clients ask me?
What is a Home Equity Loan and What Can It Be Used For?
What Are the Differences Between a Home Equity Loan and a Mortgage Loan?
What Are the Requirements for Obtaining a Home Equity Loan?
What Are the Costs Associated with a Home Equity Loan?
Can a Home Equity Loan Be Repaid Early?
Is a Home Equity Loan Available for Individuals with Low Creditworthiness?
How Long Does It Take to Obtain a Home Equity Loan?
Can I Get a Home Equity Loan on a Property That Already Has a Mortgage?
What Are the Consequences of Failing to Repay a Home Equity Loan?
Fill out the form - I will call you back.
Your personal data is used solely for contacting you and responding to your inquiry. We ensure that it will not be shared with third parties or used for other purposes. We process it in accordance with applicable data protection regulations, ensuring its security and confidentiality.