Mortgage loan:
• Loan currency - GEL;
• Type of payment - annuity/interest;
• Loan term - 6 - 60 months;
Personal Data:
The borrower must be an individual of Georgia;
Borrower's age -18 -70 years. (taking into account the term of the loan)
Loan mortgage:
Located in the territory of Tbilisi, Rustavi, Batumi:
• Commercial Space.
• Land.
In the case of other cities, it is considered individually. Based on evaluation of a property.
Criteria for real estate intended for borrower security:
• The real estate intended for collateral must not be in a state of disrepair;
• Must not be under construction (real estate under construction is acceptable if the building is roofed and communications are included)
Required Documents:
• ID card of the owner;
• Property document from the public register.
• Proof of income (individually at the discretion of the company).
Purpose of the Mortgage loan:
• Financing of property purchase/construction/renovation works for personal needs.
The mortgage loan amount is:
• At least 5,000 GEL;
• Maximum 100,000 GEL.
Lending:
• within one day of the interview.
Any form of payment acceptable to the borrower:
• repayment of the loan principal and interest equally (annuity);
• interest-only repayment.
