Dear Clients!

Mortgage lending is available under the "Housing Finance Program, the promotion of the State Mortgage Company OJSC through KFW.

Mortgage loans for residents of all regions of the country (except for Bishkek and Osh)

Loans are issued in three directions:

1. Purchase of new housing
2. Acquisition of housing with subsequent reconstruction
3. Construction of an individual residential buildingLoan amount - up to 24,000 euros in national currency at the rate of the NBKR at the time of application

• Interest rate - 10% per annum
• Down payment - 20% of the cost of housing
• Loan term - up to 15 years

Primary requirements:

• loans for residents of all regions of the country (except for Bishkek and Osh i.e., the applicant should not live or work there);
• necessarily family;
• borrowers age from 21 to 65 years;
• work experience 3 years or 12 months at the last place of workIndividual entrepreneur / personal subsidiary farm operating for at least 12 months;
• lack of real estate for the last 3 years with the client, spouse and minor children;purchase of housing within a radius of 60 km from the place of work;
• maximum area of an apartment is 80 m2, a residential building is 150 m2;
• value of not more than 1 m2 60,000 som;
• market value of housing is not less EUR 10 000 and no more than EUR 30 000;
• insurance required;
• it is allowed to purchase housing only in the primary market, build a new one, purchase in the secondary market with subsequent reconstruction (increase in area or increase in energy efficiency), completion of construction;
• maximum loan amount of 24,000 euros;
• loan term from 60 to 180 months;
• 18 months are given for construction from scratch, and 12 months for completion;
• Customer’s own contribution of at least 20% of the market value of the housing or an additional real estate pledgeincome requirements:
• income requirements:
• 250 euro / in soms at the rate of the NBKR at the time of applying for a loan for families without children;
• 350 euro / som ... for families with one child;
• 400 euro / som ... for families with two children;
• 425 euro / som ... for families with three children;
• 438 euro / som ... for families with four children;
• 450 euro / som ... for families with five or more children.