7-20-25 Housing Mortgage Lending Program
Benefits
Terms
Loan purpose | acquisition of housing with a mortgage on the primary market |
Interest rate | 7% (AEIR – 7.2%) |
Maximum cost of housing | KZT 30,000,000 - for Astana, Almaty, (including suburban areas), Aktau, Atyrau, and Shymkent KZT 25,000,000 - for Karaganda KZT 20,000,000 - for other regions |
Down payment | at least, 20% of the cost of housing |
Security | the acquired housing |
Proof of income | mandatory |
Fees | 0 tenge |
Borrower requirements* | - citizenship of the Republic of Kazakhstan (including suburban areas) - no housing on the right of ownership (spouse) during the last 18 (eighteen) months in the territory of the Republic of Kazakhstan - no outstanding mortgage housing loans - purchase of primary housing only ** (no restrictions on the Residential Complex) - the pledger can only be the borrower - one borrower may receive a loan only once |
* The Operator of Kazakhstan Sustainability Fund JSC allocates the limit
**A residential property for which the title is registered for the first time when it is purchased from a developer (customer) or other legal entity selling housing from a developer (customer)
*** Consider when calculating in a loan calculator
A borrower - individual shall be liable for failure to fulfil obligations under the Bank Loan Agreement.
The Bank shall be entitled, if a borrower fails to fulfil obligations under the Bank Loan Agreement, to:
- impose a forfeit (fine, penalty);
- foreclose on funds available on borrower's bank accounts;
- transfer debt for soft collection and pre-trial settlement to collection agency;
- file a lawsuit with a court.
How to apply
Visit the Bank's outlet (subject to availability of limit*)
Get the Bank's decision
Collect a set of documents for further financing