Mortgage loan |
Terms |
||||||
MNT |
USD |
||||||
Maximum limit |
Up to 500.000.000 MNN or equivalent of USD | ||||||
The loan analysis will be conducted using a standard form. The loan analysis will examine the borrower’s ability to repay the loan and assess the financial difficulties that the borrower may face. The total loan and interest payments of the borrower on a monthly basis shall not exceed 60% of debt-to-income. |
|||||||
Down payment |
20% |
||||||
If additional property is pledged the down payment amount can be decreased down to 0% |
|||||||
Interest rate |
Down payment /Percentage of housing value / |
Additional pledged property or 20.0%-29.9% of the amount | 30.0%-39.9% | 40.0%-49.9% | 50.0% or above | Additional property pledged |
20% or above |
Interest rate/monthly/ |
1.80% | 1.70% | 1.65% | 1.60% | 1.35% | 1.00% | |
Interest rate/annually/ | 21.6% | 20.4% | 19.8% | 19.2% | 16.2% |
12.0% |
|
Terms |
Up to 360 months |
Up to 120 months |
|||||
Service fee |
1% of the loan amount /maximum MNT 1,500,000/ or equivalent currency |
||||||
Penalty interest rate |
Penalty interest rate /equivalent to 20% of base interest rate/ is added to the base interest rate |
||||||
Fee for changing the original loan terms |
1% of the loan balance |
||||||
Loan application fee |
10,000 MNT | ||||||
Credit recording enquiry fee /during loan analysis procedure/ |
Individual – 1,000 MNT Corporate – 1,000 MNT |

- Home
- Personal Banking
- Loan services


Mortgage loans
Mortgage loan
Mortgage Loan
Private housing and real estate's loan
Mortgage loan for luxury apartments
Energy efficient housing loan
Mortgage loan
Mortgage loans with flexible interest rates and terms depending on the down payment for customers who want to buy a new home or upgrade their existing home.
Terms and conditions
Requirements
- The borrower shall have been of steady employment at the current place of work for at least the previous 12 months or running their own business for at least 1 year
- The total monthly loan repayment should be no more than 60% of the post-tax income
- No overdue loans or non-performing loans at any commercial bank or financial institution
Eligibility or required documents
- Loan application form /attached /
- Handwritten application (terms and condition, a purpose of loan should be clearly addressed)
- A passport-sized photo
- Notarized copy of ID;
- Proof of down payment (proof of payment of at least 30% of the apartment, or proof of ability to pay or the deposited account statement)
- Statement of savings account that covers the down payment or related evidence
- Salary income statement by the employer, should indicate / whether the employee is able to work permanently in the future/
- Notarized copy of social insurance book/ should include a page nomination of current position/
- Residential reference letter from Governor of resident area (names of family members, registration number/
- Original and copy of employment contract
- Documents proving household and business income
- Documents proving business activities
- Account statement / proof of income documents/
- Original documents for the collateral (if it is the apartment, real estate certificates)
- Detailed inquiries about the property from the Land Office and GASR
- If you have a loan balance with other banks and NBFIs, loan agreement, loan account statement and loan and interest payment documents
- Other required documents