Private house, House and fence purchase loan  

Loan purpose:

This loan is designed to finance the purchase of private houses and fences in ger districts, and it is available for individuals with steady sources of income.

Loan condition:  

Fees and commissions:                                                         

Loan application fee:               MNT 15,000                         
Acceptance fee:                        1.0 percent of advanced amount  

 Requirements:

• Permanent resident in the area
• The apartment  for purchase must be chosen beforehand
• Ability to pay at least 30% of total home value
• steady income, i.e. salary or or business income sufficient to repay the loan principal plus interest expenses according to the payment schedule specified in the loan agreement the property should not be subject to any on-going  or pending legal claim