Learn about the Czech mortgage process and what you need to know to successfully navigate the market and purchase a property

1. September 2022
Jakub Rotrekl
5 reading_minutes

Purchasing a property in the Czech Republic can be a daunting task, especially for those unfamiliar with the local mortgage market. However, with the right information and guidance, it is possible to successfully navigate the process and find a home that meets your needs and budget. In this guide, we will cover the basics of the Czech mortgage market, including the process, requirements, rates, and tips for success.

  1. Introduction to the Czech Mortgage Market

The Czech mortgage market has seen steady growth in recent years, with more and more people looking to purchase their own homes. However, the process and requirements for obtaining a mortgage in the Czech Republic can be different from what you may be used to in other countries. It is important to understand these differences and be prepared to meet the necessary requirements in order to increase your chances of being approved for a mortgage.

  1. Understanding the Czech Mortgage Process

The first step in obtaining a mortgage in the Czech Republic is to find a lender and submit a loan application. It is best to seek the help of a mortgage broker or advisor when finding a lender. This will typically require you to provide various documents, such as proof of income and employment, as well as information about the property you wish to purchase. The lender will then review your application and, if approved, will provide you with a loan offer. From there, you will need to sign the loan agreement and provide any additional documentation required by the lender.

  1. Meeting Czech Mortgage Requirements

To be approved for a mortgage in the Czech Republic, you will typically need to meet certain requirements, such as having a stable income and a good credit history. It is also important to have all the required documents, such as proof of income, employment, and property purchase contract draft, ready to submit with your application. Additionally, many lenders will require a down payment of at least 10 to 20% of the property's value.

  1. Comparing Czech Mortgage Rates and Terms

When looking for a mortgage in the Czech Republic, it is important to compare the rates and terms offered by different lenders. Some of the key factors to consider include the interest rate, the length of the loan, and any additional fees or charges. Another important factor is the RPSN (Real Annual Percentage Rate of Charge), which is the total cost of the loan including all fees and charges expressed as an annual percentage. It's also important to consider the flexibility of the loan terms, such as whether or not you can make early repayments or change the loan amount. By comparing different offers, you can find the best deal for your specific needs and budget.

  1. Tips for Successfully Navigating the Czech Mortgage Market

  • Research: Seek the assistance of professional mortgage broker to help you research different lenders and the products they offer to find the best deal for you.

  • Get pre-approved: Getting pre-approved for a mortgage can help you understand how much you can borrow and what your repayments will be.
  • Know your credit score: Having a good credit score can help you get a better rate on your mortgage.
  • Be prepared: Having all the necessary documents ready when you apply for a mortgage can help speed up the process.
  • Get a lawyer: A lawyer can help you understand the legal aspects of buying a property and ensure that the contract is in your best interests.


Purchasing a property in the Czech Republic can be a challenging process, but by understanding the mortgage market, meeting the requirements, comparing rates and terms, and following these tips, you can increase your chances of success. Be sure to do your research, be prepared and seek advice from professionals to make the process as smooth as possible. With the right information and guidance, you can find a home that meets your needs and budget in the Czech Republic.

Estimated mortgage amount (in CZK)*

By submitting the form, you consent to the processing of personal data for the purpose of arranging a consultation. I will not send you any unsolicited marketing messages.

Jakub Rotrekl

I personally handle inquiries within 24 hours.

In the next step, we will schedule a consultation where we will discuss the details of your request and determine if I can help you achieve your goals. We can communicate by phone, video call, or in person. I am available on WhatsApp.