HOME MORTGAGE LOAN
Mongolian citizens who are living abroad can buy a home from their residing country via www.1home.mn. This website allows the buyer to choose from our broadly chosen apartments.
Up to 150million MNT
19.8% /annual interest
Up to 36 months
30 % /The minimum down payment is 30% of the purchasing apartment./
Mortgage loan insurance
0.15 percent [from property valuation]
[Health and accident insurance
0.2 percent [from the amount of the mortgage loan]
- Downloaded and registered in Sendly.
- Must be a Mongolian citizen who is legally living abroad, over 18 years old.
- Any court decisions shall not have registered, no overdue or non-performing loans to any banks and financial institutions in Mongolia.
- Minimum 12 months of proof of stable income.
- Have authorized representative in Mongolia.
- We will Identify the creditworthiness of the lender.
- The lender shall be covered by health and accident insurance, property insurance