Mortgage and the borrower’s age – Home Loan

Taking a mortgage involves meeting a number of conditions. Some of them are obvious and relate to the amount of income, costs incurred, as well as the value of the property itself.

The own contribution, or rather its share in the whole mortgage loan is not without significance. However, this is still not all – there is one more important thing – the age of the borrower.

Mortgage – who can grant it?


In March 2017, the Act on mortgage and supervision of mortgage brokers and its agents entered into force. It regulated issues related to which institutions may grant a mortgage. It lists:

  • domestic banks, i.e. those with headquarters in Poland,

  • branches of foreign banks that operate in Poland on the basis of permits,

  • credit institutions and their branches,

  • cooperative savings and credit unions – popular credit unions.

Lenders who grant loans in accordance with the aforementioned Act are included in the loan comparator , which can be found on our website.

What conditions must be met to get a mortgage?


Before any of the above-mentioned institutions sign a mortgage contract with us, they must assess our creditworthiness. The latter results from the assessment of our options in relation to the repayment of the loan and accrued interest on dates specified in the contract.

This is where you consider what resources we have (regarding our own contribution as well as the subsequent repayment of subsequent installments), as well as the value of the house or flat. Creditworthiness assessment cannot be done without asking about our age .

Borrower’s age


The borrower’s minimum age is associated with the acquisition of legal capacity. By default, it is obtained when you reach the age of majority and do not lose until death. There are, however, exceptions to the earlier marriage or loss of this ability in the event of total incapacitation. Therefore, we can assume that the minimum age at which you can take a mortgage is 18 years .

The borrower’s maximum age is not specified in the Act and its amount depends on the institution that grants the loan. The situation is different – there are institutions that do not specify the age limit at all as the time by which the loan should be repaid completely and then everything depends on the individual decision. However, in most cases, the last installment should be between 70 and 75 years old of the borrower. There are, of course, exceptions that allow repayment at the age of 80.

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