Need a hand?

Mortgage refinancing is currently only available to a limited number of customers. It will be available to all Revolut customers soon.

To be eligible for Revolut's credit products in Lithuania, you need to meet the following criteria:

• Be at least 18 years old
• Be a Lithuanian national or present a valid permanent residence permit
• Live in Lithuania permanently
• Applicant has an eligible mortgage to refinance
• Be a customer of Revolut Bank UAB
• Have a regular, sustainable, and verifiable income
• No negative credit history

The decision is made based on an overall evaluation of your credit history, financial capacity, and income stability. The final offer is also based on the property assessment, which is performed by Revolut.

Every applicant should meet the following key criteria:

• Income should be sustainable
• A minimum of 6 months of uninterrupted income history. A longer income history may be asked for some income types
• You and your family's monthly expenses for covering financial obligations shouldn't exceed 40% of your monthly income after tax
• An acceptable credit history

We carry out a credit check using selected credit reference agencies. This will leave a search record on your credit history and may impact your credit score. We'll carry out credit checks on your spouse or co-applicant after they give their consent for us to do so.

• If you're married, the spouse becomes a co-borrower
• If you're single, you can apply with a co-borrower. The co-borrower will have to verify the information you’ve provided and agree to us assessing their financial situation
• All relevant applicants have to sign the loan agreement

Currently, married applicants have to apply with their spouse. Single applications aren't supported for married applicants.

• Under your balance, tap ‘Accounts’
• Select ‘+ Add new' and choose 'Credit'
• Choose 'Mortgage refinancing’
• Fill in a short application to provide us with all the information we need to assess your application. You might also need to provide supporting documents

It only takes a couple of minutes to fill in the application, and we’ll let you know the outcome and the next steps once your application has been assessed. You'll see the status of your application in-app. The application review process is as follows:

• Fill in a short questionnaire and submit any documents needed
• Get a pre-approved offer (subject to credit check)
• Answer some questions and submit photos of property
• Get a binding offer (subject to credit check)
• Sign the mortgage agreement
• Insure property and pledge it to Revolut
• Funds released