The Bank of Georgia Mortgage finances the purchase, construction or renovation of residential real estate, with the property serving as collateral. Both GEL and foreign-currency options are available, and the bank participates in state mortgage support programmes.
Loan amount, term and the final interest rate are determined individually based on the property valuation and the borrower’s profile.
What's good
- Eligible for state mortgage support programmes
- GEL and foreign-currency options
Trade-offs
- Requires property as collateral
- Rate not published upfront
