Calculate Leasing Amount
If you want to buy real estate from a development company, but lack the necessary funds or additional security for participation, mortgage leasing offers an easy solution.
To utilize mortgage leasing, contribute at least 5% of the asset's value in GEL or 10% in foreign currency. The leasing company will purchase the desired property from the developer and transfer it to you with a relevant agreement.
After reducing the leasing debt with monthly payments and fulfilling the co-payment requirement, your financing will transition to a standard mortgage loan.
The minimum amount for mortgage leasing is 1 000 GEL.
The effective interest rate considers all necessary financial costs and the duration of incurring the expense.
The maximum term for mortgage leasing in GEL is 15 years; For foreign currency, it's 10 years.
A member of the family farming can be registered as a co-borrower.