Real Estate loan
We offer you loans for the purchase of a building or building space, or for the construction, expansion, or repair of a new building.
Loan condition
Currency:
MNT
Real Estate Loan | ||||||
|---|---|---|---|---|---|---|
| Loan amount | Up to 70% of the assessed value of the property being purchased | |||||
| Loan term | up to 120 months | up to 121 months - 180 months | ||||
| Loan interest | 20.4% | 19.2% | 18.0% | 20.8% | 19.6% | 18.4% |
| Down payment | 20% - 30% | 31% - 40% | 41% -с дээш | 20% - 30% | 31% - 40% | 41% -с дээш |
| Grace period | up to 12 months | |||||
| Loan service fee | 0.5% (If loan amount is above ₮5 billion: 0.3%) | |||||
| Insurance | Buildings and construction sites purchased and constructed with loan shall be insured with property insurance. | |||||
| Other | * Down payment requirement can be less than 30% if the property is additionally collateralized. ** Actual cost of loan (annual): 14.53% - 18.14% | |||||
Requirement
For corporate clients: Must have at least 2 years of stable business experience
Financial capacity to fully repay the loan from business income