To get a loan secured by real estate, you must provide the lender with real estate as collateral, which must be worth enough to cover the loan obligations. Borrowing against real estate can be advantageous because it can offer a lower interest rate and a longer repayment period than other types of loan.
Here are some links to further information on lending against real estate collateral:
- Swedbank's website provides an overview of lending against real estate collateral and offers different loan products:https://www.swedbank.ee
- LHV Bank's website also offers real estate collateral lending and provides an overview of its loan offers: https://www.lhv.ee/
It is important to remember that borrowing against real estate is a serious financial decision and you should carefully consider your options and obligations before applying for a loan.