Fill in an Application Build a house / buy land

Mortgage is a real estate secured long-term loan that is disbursed for buiding a house or purchasing land.

Loan interest rate From 10% in GEL / 7.5% in USD / 5.5% in EUR
Effective interest rate From 12.06% in GEL / From 8.28% in USD / From 6.14% in EUR
Minimum loan amount GEL 10,000
Maximum loan amount GEL 1,000,000 or equivalent in other currency
Maximum loan term 15 years
Loan currency GEL, USD, EUR
Downpayment From 0%
Upfront commission fee From 0.5%
Pre-payed fee 0% - 2%
Insurance Real estate (0.3%)
Special note Loans up to GEL 100,000 are issued in national currency
  • Simple approval procedure
  • Decision-making takes 1 day
  • Low interest rate
  • Long-term repayment schedule
  • Income confirmation
  • Georgian citizenship document/ residence permit
  • Excerpt on the real estate to be purchased
  • Cost-estimate for works to be carried out

Loan collateral:
Real estate owned/to be purchased by the borrower, or real estate owned by a third person

  • Minimum monthly income of GEL 1,000
  • Minimum 6-month working experience
  • The income shall be received at any bank active in Georgia
  • Age – 23-70 (including the loan term)

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