> ## Knowledge Base Index
> Fetch the complete knowledge base index at: https://support.xe.gr/sitemap.xml
> Use this file to discover available pages before exploring further.
> Pure-Markdown content can be obtained by appending a '.md' suffix to the content URLs listed in the sitemap (without the trailing slash).

# What are the basic eligibility requirements for a mortgage?

You can get a mortgage loan if you meet the following requirements:

* You must be **over 18 years old**.
* You must not be more than **75 years old** at the time your loan ends. For example, if you are 50 years old, the total repayment period cannot exceed 25 years) unless a younger guarantor is included in the loan agreement who will be younger than 75 at the end of the loan.
* Your family's **income** must be **sufficient and proportional to the amount you want to borrow** and the **monthly installment **you will be asked to pay _(If your monthly mortgage installment together with the total amount of your monthly installments on other loans and credit cards exceeds 40% of your declared income, you will probably need to appoint a guarantor)_. 
* In many cases, you will need to provide the bank with some form of security (a lien on real estate or a pledge of cash or securities) or a guarantor.
* In most cases, you will **have** to provide a portion, albeit a relatively small portion, **of the money needed to purchase or build your home, since in most cases the bank will cover up to 80% of the value of the property.


Finally, your general transactional behavior will be assessed (e.g., timely payment of installments of previous loans, cards, etc.).