Mekendwsh mortgage

Loan purposes

Purchase of residential real estate, including shared- equity participation, for Kyrgyz Republic citizens working in the Russian Federation or the Czech Republic.    

Loan Amount

From 300, 001 KGS up to 7 000 000 KGS

Loan term

Up to 10 years  

Loan currency

KGS

Interest Rate

For the purchase of residential real estate: 

- 16 % per annum- with a borrower’s personal contribution of up to 30% of the property’s value;   

- 16 % per annum – with a borrower’s personal contribution of 40% of the property’s value.

- 15 % per annum – with a borrower’s personal contribution of 50% of the property’s value.  

Collateral

• With a personal contribution of 30%, 40% or 50% of the property’s value.

Repayment Schedule

Annuity payments;

Additional Required  Documents

For Kyrgyz citizens in labor migration in the Russian Federation:

1. Migration card indicating the purpose of entry as work;   

2. Temporary registration;

3. Employment contract; 

4. Extended SNILS (Individual Personal Account Insurance Number)

5. INN (Taxpayer Identification Number);

6. 2- NDFL certificate (personal income tax);

7. Bank statement of salary;

8. FSSP check via agents in Russia (verification through the Federal Bailiff Service’s public website).

For Kyrgyz citizens in labor migration in the  Czech Republic:

1. Employment contract;

2. Permit from the Czech Ministry of the Interior;

3. Individual entrepreneurs license issued by the municipality;

4.  Company license issued by the Czech Ministry of Justice;

 5. Bank statement of salary.