Category: Mortgage loan

Loan service to get necessary financing by pledging your own real estate or movable property.

Benefits

Mortgage Loans	Real Estate Mortgages for Residential or Commercial Purposes	Apartment and house mortgaged loan	Vehicle Mortgage
Maximum loan amount	Up to 40,000,000 MNT	Up to 20,000,000 MNT	Up to 10,000,000 MNT
Loan interest /month/	2.3%-1.6%
Loan Interest /annual/	27.6%-19.2%
Loan Term	Up to 24 months	Up to 12 months
Service fee	1% of the loan amount
Increased interest	The increased interest rate is equal to 20% of the principal interest rate
Fee of Changes to the Original Loan Term	1.0% of the loan balance or the maximum amount is 1,000,000 MNT
Application Fees	10,000 MNT
Credit database reference fee	Citizen – 1,000 MNT, Organization – 1,000 MNT

A mortgage may be an asset of your own property;
Up to 55% of the after-tax income is sufficient to pay the total monthly loan payments;
Not having overdue bad loan balance in other banks and financial institutions;