Real Estate Loan

Loan condition

Terms and Conditions
Loan amount	Up to 70% of the assessed value of the property being purchased
Loan term	up to 120 months			up to 121 months - 180 months
Loan interest	20.4%	19.2%	18.6%	20.8%	19.6%	19.0%
Down payment	20% - 30%	31% - 40%	above 41%	20% - 30%	31% - 40%	above 41%
Grace period	up to 12 months
Loan service fee	0.5% (If loan amount is above MNT 5 billion: 0.3%)
Insurance	Buildings and construction sites purchased or constructed with the loan must be insured under property insurance.
Other	The down payment requirement may be less than 30% if the property is additionally used as collateral. Actual cost of loan (annual): 14.53% - 18.14%

Requirement

Corporate Clients: Must have a minimum of 2 years of stable business experience
Financial Capacity: Must demonstrate the ability to fully repay the loan using business income.

Required document

Loan Application Forms:
o Loan Application - Company (Form-069)
o Information on Authorized Signatories for Financial Documents (Form-070)
Company Documentation:
o State Registration Certificate
o Company Charter
Financial Records:
o Lease Agreement
o Current Account Statement
o Inventory Balance
Additional Documents:
o Operating Permits, Licenses, and any other necessary documents.