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Mongolia News / Real Estate / May 30, 2016

Banks granted mortgage loans to 6000 people

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As of 25th of May, banks received requests of MNT 425.7 billion mortgage loans from 6889 people.

Banks granted;

  • 5% mortgage loans worth MNT 96.8 billion to 2026 people
  • 8% mortgage loans worth MNT 268.8 billion to 3975 people.

According to the data, about 800 people have not received mortgage loans.

Moreover 8% mortgage loans of 813 borrowers who bought housings in ger-area re-planned areas, remote districts of UB including Baganuur, Bagahangai and Nalaih and 21 aimags have transferred to 5% mortgage loans.


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