Welcome to IGB –
Your Gateway to Greek Mortgages
Who We Are
At IGB Ltd., we specialize in mortgage consulting services in Greece. Our mission is to serve as the bridge between Israeli buyers and Greek banks, ensuring seamless access to financial institutions (and vice versa) in the most optimal manner.
With offices in both Israel and Greece, our principal partner and operational visionary, Meir Mallel, brings a wealth of expertise in banking and real estate financing in Israel. Having held senior positions in banking and insurance, including as VP and Business Division Manager at “Jerusalmem Bank”, and as CEO and owner of “Howden Insurance Guarantees” – an insurance agency for sales guarantees and execution.
Meir’s fusion of love for Greece and recognition of Israeli buyers’ financing needs has led to the vision of bridging Greek resources with Israeli demands.
In order to provide professional and efficient service, our company has carefully selected service providers with whom we collaborate, including legal advisors, economists, appraisers, financial consultants, and administrators, both in Israel and Greece.
The Greek Economic Revival: A Window of Opportunity
Greece has endured years of economic turmoil, impacting property prices and lenders’ ability to fulfill mortgage commitments. These events led Greek banks to completely halt real estate financing activities, particularly for foreign buyers, for over a decade.
However, in the latter half of 2023, spurred by Greece’s economic improvement and the influx of foreign investors, Greek banks began offering mortgages to the local market and foreign investors cautiously. Yet, the bureaucratic process remains intricate, complicating success and timely completion.
At IGB, we liaise with Greek banks from senior management to designated officers, directly and daily, in handling every request.
Even before you’ll book your flight, we’ll likely know in advance whether your application will be approved and the amount you’ll receive. Othar than collecting the required documents from the client, no active involvement is needed until the final agreement is signed with the Greek bank.
Our Services
Key Loan Approval Principles in Greece
Criteria vary across different banks
1
Introduction Call
2
Collecting Documents
Collection of All Required Documents by the Bank, Supported by IGB as Needed.
3
Arranging Client’s Case
4
Preliminary Approval
5
Signing A Loan Agreement
General Terms for Mortgage Loans
1
Early Repayment
1
Interest Rate
Fixed Interest Rate, Non-indexed
Starting from only 3.5%
(depending on the loan duration)
1
Loan Duration
0
Financing Rate
Who Can Benefit from Our Services?
Age – up to 65 years
(for 10-year loans)
Minimum loan
amount of 80K euros
Have Property
Currently in the process of purchasing property in Greece.
Contact Us
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