In April, LHV sent home buyers a loan offer in less than 24 hours


Although the spring months have been a very busy period for LHV’s loan managers, they have managed to deliver on their promise to send clients an initial Home Loan offer within a twenty-four hour period. In April, LHV sent home buyers a loan offer on average 19 hours after the application was submitted, with many clients receiving an offer even faster.

For LHV Pank, March was a record month for new Home Loan sales this year, although the number of loan applications has also been very high in April and May. Over the year, LHV’s Home Loan portfolio grew by 18% to EUR 728 million at the end of April. In April, LHV Home Loan new sales were as much as 59% higher than in April 2020.

‘The numbers for our Home Loan applications and loan volumes have also set new records this spring. We’re committed to making you a Home Loan offer the very next day. I am also very pleased to acknowledge that although clients have told us that the market in general has seen longer waiting times for home loan applications in recent months, LHV Pank continues to provide the fastest home loan offers on the market. To a client, speed is also a sign of caring: we really want new clients; we strive to make sure that the client's experience with us exceeds their expectations’, said Catlin Vatsel, Head of Retail Finance at LHV.

In addition to the fastest service on the market, LHV also offers its Home Loan clients greater convenience and flexibility, affordable property valuations and a green Home Loan for A-energy class homes.

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