Mortgage for individuals with income abroad
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If you live and work abroad, want to buy, build or renovate real estate, we offer a long-term mortgage loan that you can take remotely on a power of attorney basis
Characteristics
Loan currency
GEL, USD, EUR
Maximum loan term
20 years
Interest rate
From 10.5% GEL / 7% USD / 5% EUR
Effective interest rate
From 11.86% in GEL / 7.82% in USD / 5.38% in EUR
Downpayment
30%
Loan security
- Real estate owned / acquired by the borrower / co-borrower or owned by a third party.
List of key documents to be submitted to get a loan:
- Identity document;
- Extract of real estate from the public register;
- Income documents;
- Proof of existing or spent co-payment;
- Documents required for concluding a power of attorney (if the loan is issued on the basis of a power of attorney).
Borrower selection criteria
- Age - 21-70 years (end of term)
- Income - any kind of stable proven income;
- Co-borrower - If your income is not enough to get the requested amount, you can hire a member of a stable income family member / members.
