Subsidized Mortgage Loan

Utilize special conditions for mortgage financing.

  • Term: up to 240 months
  • Currency: GEL

Subsidized Mortgage Loan

Subsidized Mortgage Loan Conditions

Minimum Amount of Mortgage Loan   GEL 1 000
Maximum Amount of Mortgage Loan   GEL 200 000
Term   From 6 to 240 months
Currency   GEL
Issuance Fee   0.50% (min. 50 units)
Repayment Terms   Equal monthly payments
Security   Real estate
Type of Income   Salary, allowance, bonus, dividend, rent, remittance, as well as income from self-employed activities
Withdrawal fee   see Tariff Packages
Search fee for information in the credit information bureau   18 GEL/6 USD/6 EURO

See Fully

  • Identity document of the borrower
  • Civil marriage certificate (marriage certificate)
  • In case of single parenthood, single parent status certificate/divorce certificate
  • Birth certificate of a minor child/child/adopted person
  • In case of adoption, a document confirming the adoption (if any)
  • In case of widowhood, the death certificate of the spouse

სესხის მოთხოვნა შეგიძლია ჩვენი ვებსაიტიდანაც
 
 
გახსენი ონლაინგანაცხადების გვერდიეწვიე www.terabank.ge -ს და დააკლიკე ონლიანგანაცხადების ღილაკს
 
ონლაინგანაცხადების ჩამონათვალიდან აირჩიე სასურველი სესხის განაცხადი
 
შეავსე განაცხადი Შეიყვანე მოთხოვნილი ინფორმაცია შესაბამის ველებში

Contact us:

Calculate Loan

Frequently Asked Questions

Didn't find what you're looking for? Send us a question
What can I get a mortgage for?

  • The purchase of a house/apartment (financing of renovations is possible along with the purchase)
  • House construction (financing of renovations is possible along with construction)
  • Loan issuance is possible only within the framework of this program (subsidized mortgage) for refinancing loans already issued within the framework of this program

What is a subsidized mortgage loan?

A subsidized mortgage is a program of the "Enterprise Georgia" agency, offering improved mortgage loan conditions to families with newborn children.

What are the conditions of the subsidized mortgage?

If the borrower has one child under 1 year of age or born after September 1, 2021, the agent subsidizes the evaluation of refinancing determined by the National Bank of Georgia, reduced by 3.5%, but not less than 6%.

The agent subsidizes the evaluation of refinancing determined by the National Bank of Georgia, reduced by 1.5%, but not less than 8%, in the following cases:

  • If the borrower has three or more underage children, and one of them is under 1 year of age
  • If three or more underage children, and one of them is born after September 1, 2021
  • If already participating in the subsidy program, and four or more underage children, and one of them is born after September 1, 2022, or born after September 1, 2022

 

What can I use a subsidized mortgage loan for?

A subsidized mortgage can be utilized for purchasing, building, or renovating real estate. Additionally, it is possible to issue a loan within the same program (subsidized mortgage) for the purpose of refinancing an already issued loan.

What type of income should I have?

Salary, allowance, bonus, dividend, lease, remittance. Also income from tutoring, dentist, barber, babysitter, tailor and taxi driver and forms of self employment.

Is there an age restriction?

Mortgage loans are issued to individuals aged 20 to 70 years.

What is the minimum amount of a mortgage I can take?

The minimum amount of the mortgage loan is 1 000 GEL, and the maximum is 200 000 GEL.

What is the term of the mortgage loan?

The maximum term of the issued subsidized mortgage loan is 240 months.

What happens in case of overdue?

On the first overdue day, a fee of 10 GEL is charged. Subsequently, 0.27% of the overdue amount is payable for each overdue day (not exceeding the requirements defined by law).
 

What are the conditions for participation?

Participation is possible from 0%.

Got more questions?

info@terabank.ge Send us a message
Visit Us Check out our branches
Loans
Loans
Deposits
Deposits
Cards
Cards
More