In Polish: Umowa kredytu hipotecznego
This is the word you will see in bank documents.
Definition
A mortgage loan agreement is a contract in which the bank makes a specified amount available to you for an agreed purpose, and you undertake to repay it with interest on set dates (Article 69 of the Polish Banking Law). It must be in writing. The Mortgage Credit Act adds a list of mandatory elements, including all fees, the total cost, and the rules for early repayment and withdrawal.
What it means for you
The agreement's clauses decide how much you pay over 20–30 years, not only at the start. Most surprises come from promotional margin conditions which, if not met, raise the instalment until the end of the loan. The bank must propose the draft agreement together with the loan decision, so you have time to read it before signing. Agreements are in Polish; have a translation or an expert explain the key clauses.
Full entry in Polish, with a worked example and sources Work out your instalment
Frequently asked questions
Must the bank give me a draft loan agreement before signing?
Yes. The Mortgage Credit Act requires the bank to propose a draft agreement together with the loan decision, on its terms.
Can a mortgage agreement be negotiated?
The template usually not, but the margin, commission, promotional conditions and document deadlines often yes, especially with a second loan decision in hand. Ask for what you agree to be written into the agreement.
Is the loan agreement signed before a notary?
No. You sign the loan agreement at the bank or remotely. Before the notary you sign the purchase deed and the creation of the mortgage.
Related terms
Definitions are simplified and reflect Polish law and bank practice as of October 2026. Where every word matters, the Act and your loan agreement decide. Figures in examples are indicative and are not a bank offer. The Polish version of each entry has worked examples and sources.
Other terms in “Loan agreement and borrower rights”