Flexible down payment terms
Financing of up to 95% with support from Altum. Special offers for families, young professionals, and members of the National Armed Forces.
Mortgage loan for the purchase of an apartment or house
Choose your new home – we’ll help you finance it.
Key benefits
A mortgage loan to make your dream home a reality
Flexible repayment options, affordable down payment requirements, and competitive interest rates make buying a home simple and cost-effective.
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100% remote
Apply online and get an offer without leaving your home.
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Custom solutions
Customized solutions for clients with non-standard income. Repayment terms of up to 30 years—flexibly tailored to the client’s financial situation and plans.
Calculator
Calculate your loan options
Before applying, check your possibilities using our mortgage calculator.
Altum support programmes
Buy a home with a lower down payment
The Altum program is a government-backed initiative for home purchases that helps borrowers obtain a mortgage with a reduced down payment.
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For families with children
If you have a child up to 23 years old
If you are expecting a child
If the property transaction amount is up to 300,000 EUR
If you buy or build an A energy efficiency class home, the guarantee increases by 5%
Guarantee up to 50,000 EUR
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For young professionals
If you are up to 35 years old
If you have professional or higher education
Guarantee up to 50,000 EUR
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For members of the National Armed Forces (NBS)
If you are a member of the National Armed Forces
If you have a professional service contract signed within the last month
If the property transaction amount is up to 300,000 EUR
Guarantee up to 20,000 EUR
Key conditions
Loan eligibility requirements
Age
From 18 up to 70 years at the end of the loan repayment period.
The loan term and conditions are determined individually, taking into account the client’s age, income sustainability, and ability to repay the loan over the repayment period.
Stable income
Regular and verifiable income ensuring the ability to meet loan obligations.
Minimum net income:
from EUR 780 per month – for a single applicant
from EUR 1,500 per month (combined) – when applying with a co-borrower
Down payment
From 15% – standard terms apply.
From 10% – if the property is part of one of the Bank’s designated partner projects
(see project list).From 5% – when using an Altum guarantee programme.
The exact down payment is determined based on the type of property and its technical condition.
Collateral
The property being purchased or an already owned property serves as collateral. The property valuation is carried out by a certified appraiser.
Apartment projects
More favourable conditions
New residential projects in Riga
Explore new residential developments in one place. Find your new apartment and apply for a mortgage loan from BluOr Bank with favourable conditions.
New home?
With BluOr Bank, it’s possible
Apply for a loan today or contact our specialists to find the most suitable financing solution for your goals.
Application process
How does it work?
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01
Submit a loan application
Apply online and, if needed, provide income and property documents
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Loan Offer
We assess your financial capacity and the property value to create the best offer for you
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Loan disbursement
We grant the loan, and you complete the property purchase
Borrow responsibly!
Example:
Additional Costs
Loan arrangement fee: 1% of the loan amount
Mortgage registration in the Land Register: 0.1% of the mortgage amount
Notary costs: EUR 50
Property valuation: approximately EUR 200
Additional information
Collateral: the loan is secured by a mortgage on real estate
Insurance: property insurance is mandatory
Lender: BluOr Bank AS
Loan terms | Sample data | |
|---|---|---|
Loan amount | 100 000 EUR | |
Loan duration | 30 years | |
Interest rate | 1,59% + 6 month EURIBOR (rate as of 18.02.2026., which is 2,159%) | |
APR | 3,93% | |
Monthly payment | 463,06 EUR | |
Number of payments | 360 | |
Total amount payable | 168 070,71 EUR |