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| Mortgage loans |
Basisbank offers mortgage loans to the individuals intending to buy, build or repair the houses, apartments or cottages
Calculate loan
Apply for loan now!Loan value:
- Minimum loan amount: 1.000 USD
- Maximum loan amount: 100.000 USD
Loan terms:
- Minimum loan term: 6 month;
- Maximum loan term: 10 years.
Annual interest rate
Annual interest rate from 16%. In every case annual interest rates amount depends on the loan value and term, the borrower’s length of service and job contract, the borrower’s documented income and income of other family members, and also the rating and reliability of the organization where the borrower is working.
Repayment schedule
Repayment schedule depends on the borrower’s systematic income (twice a month, monthly), so that loan amount and interest value should be the same at every particular repayment.
Loan collateral:
- Subject of crediting (as a must);
- Automobile;
- Other immovable property.
Individuals eligible to Mortgage:
Mortgage loans are available to the individuals with documented stable income, minimum 400 GEL, obtained in form of:
- Salary;
- Rental income;
- Dividends;
Borrower should be employed for not less than 2 years; length of current employment should be not less than 6 moths.
Required documents:
- Application on getting a loan;
- Recommendation from supervisor;
- Documented stable income;
Requirements for obtaining mortgage loans:
- Submit the application about getting the loan and interview with Manager of the Mortgage Loan Department;
- Submit required documents to the bank;
- Inspecting the subject of collateral;
- Mortgage or held as guarantee subject of collateral;
The average time from the submission of supporting documents to the final decision to grant a loan is 3 days.
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