Revolut has launched mortgage refinancing services in Lithuania, marking the company’s first step into the home loan market.
The service is integrated into the Revolut app and allows customers to manage the refinancing process digitally. Users will receive personalised, pre-approved offers within minutes.
Revolut covers the cost of property valuation and notary services, and local mortgage managers are available for support.
After refinancing, customers can manage their mortgage through the app.
Revolut does not charge administrative fees for this service.
The launch coincides with regulatory changes in Lithuania aimed at simplifying mortgage refinancing.
Joe Heneghan, Partner and Chief Executive Officer of Revolut Europe, said:
“We’ve built a digital refinancing process that aims to be simple and accessible. This launch is the first step in expanding our mortgage services.”
Customers in Lithuania can join the waiting list through the Revolut app by navigating to:
Accounts → Add New → Credit → Mortgage Refinancing
Revolut plans to expand mortgage services for home purchases in the future, with Ireland and France identified as upcoming markets.
Featured image credit: image by appshunter.io via Unsplash
