Real Estate Loan
Intended for purchasing, completing, expanding, or renovating buildings for business purposes, including production, trade, service and office spaces.
MNT
Real Estate Loan | ||
|---|---|---|
Loan Amount | Up to 70% of the assessed value of the property being purchased | |
Loan Term | Up to 120 months | 120 months - up to 180 months |
| Interest rate | annual 18.00% - 22.80% monthly 1.50% - 1.90% | annual 18.30% - 23.10% monthly 1.53% - 1.93% |
| Down payment | min 20% | |
Grace period | Up to 12 months | |
Loan service fees | 0.5% | |
Insurance | Property purchased, constructed, or renovated with the loan must be insured. | |
*If the additional real estate is collateralized, the down payment may be less than 30%.
**Effective interest rate (annual) for the loan is between 14.53% to 18.14%
- Must have been operating in the relevant business field for at least one year (individuals and SMEs) or two years (orgazinations)
- Must have stable income from operations
Гадаад паспорт (Шаардлагатай тохиолдолд гадаад паспорт болон Монгол улсад оршин суух үнэмлэх)
Гадаад паспорт (Шаардлагатай тохиолдолд гадаад паспорт болон Монгол улсад оршин суух үнэмлэх)
Гадаад паспорт (Шаардлагатай тохиолдолд гадаад паспорт болон Монгол улсад оршин суух үнэмлэх)
Recommendations
A loan designed to support the activities of organizations dominated by women business owners and women executives/employees to fund their working capital and investment needs.
This is the most flexible financing with longer maturity and lower interest rate for expanding your manufacture and developing new project.
A loan designed for purchasing various equipment, including production machinery, heavy-duty equipment, and vehicles, used in business operations.