Who Can Benefit from the "Family Housing Loan" Program?

The Family Housing Loan (RKM) is an important element of the state’s housing policy, aimed at families with children who plan to purchase their first apartment or house. This program responds to the housing needs of Polish families by offering preferential loan conditions. Below are detailed eligibility criteria for the program.

Basic Eligibility Criteria:

To take advantage of the Family Housing Loan, the following conditions must be met:

  1. Having at least one child – the program is intended for families raising at least one child.
  2. No residential property ownership – the borrower and their spouse cannot own another apartment or single-family house (an exception applies to partial ownership not exceeding 50%).
  3. Age limit of children – children included in the program must not be older than 18, or 25 if they are still in education.
  4. Purpose of the loan – funds must be used for the purchase of an apartment or single-family house on the primary or secondary market, the construction of a single-family house, or the purchase of a cooperative ownership right to a dwelling.

Price and Size Limits

The RKM program introduces specific limits for financed properties:

  1. Price limits – the purchase price or construction cost of the property cannot exceed set limits, which vary by location.
  2. Size limits – the usable floor area of an apartment cannot exceed 100 m², and for a single-family house, 150 m².

Amount of Support

The amount of subsidies depends on the number of children in the family:

  1. Families with one child may receive a subsidy toward loan installments for a period of 10 years.
  2. Families with two children are entitled to higher subsidies.
  3. Families with three or more children can receive the highest level of support.

Notarial Procedure

From a notarial perspective, transactions under the RKM program require special attention. The notary should verify:

  1. The bank’s decision granting the loan under the RKM program.
  2. Compliance of the purchased property with the program requirements.
  3. Statements from the parties confirming that the program’s criteria are met.

Additional Information

It is important to remember that the RKM program is subject to budgetary limits, which may affect the availability of funds in a given year. Furthermore, detailed rules may change depending on the current state housing policy.

For families planning to use the Family Housing Loan, it is crucial to carefully review the current conditions and consult both a credit advisor and a notary. They will assist in properly preparing the required documentation and carrying out the transaction in compliance with the program’s requirements. If you need the assistance of a notary office, our address is: Andrzeja Struga 7 Street, Suite 4, 90-420 Łódź.