Luxury Loan

Luxury Loan

Luxury apartment with favorable terms.
Duration
240 months
Max Limit
ОСҮ-100%
  • Loan amount up to 100% of apartment purchase amount
    Interest rate /annual/ 15.60% – 18.00%
    Annual percentage rate 15.81% – 18.25%
    Down payment* 20%
    Loan term Up to 20 year
    Commission charge 1% of total loan amount
    Application fee 10,000 MNT
    Insurance Collateral insurance and life insurance are required
    Prepayment penalty

    None

    • If additional immovable property is pledged down payment amount can be decreased down to 0%
    • Consistent income to successfully complete the payment of your mortgage loan
    • Actual need or demand to buy a new house or apartment;
    • Capacity to finance at least 20 per cent of the total price of the house or apartment
    • At least 1 year of consistent work OR at least 2 successful business operations /Main applicant/
    • At least 1 year of consistent work OR at least 2 successful business operations /Co applicant/
    • Notarized ID copy of the applicant
    • Marriage certificate, if applicable
    • Residential
    • Employee reference letter
    • HUR reference: Social insurance payment (fingerprints can be read at the bank branch)
    • Copy of employment contract
    • Business owners to submit documents related to their business operations
    • Documents showing an applicant’s capacity to pay off stated down payment
    • State Registry Office References on whether any family member has ownership right immovable property
    • Other

     

    * Both main applicant and co-applicant should complete the same documents.

Luxury орон сууц худалдаж авах зээл зөвлөмж

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