Question 1

What is a mortgage and how does it work in Uzbekistan?

Accepted Answer

A mortgage is a bank loan for purchasing real estate, where the property itself serves as collateral. In Uzbekistan, mortgage loans are provided by several banks including Ipoteka-Bank, Agrobank, Mikrokreditbank and others. Loan terms typically range from 5 to 20 years.

Question 2

What is the minimum down payment for a mortgage?

Accepted Answer

The minimum down payment depends on the bank and market type. For secondary market — usually 20-30% of the property value. For new constructions — from 15%. With a subsidy, the down payment can be reduced.

Question 3

What documents are needed for a mortgage?

Accepted Answer

Main documents: passport, income certificate, KATM report (credit history), documents for the property being purchased (cadastral passport, purchase agreement). Some banks may request additional documents.

Question 4

What is a mortgage subsidy?

Accepted Answer

A subsidy is government support where part of the mortgage interest rate is compensated from the budget. In Uzbekistan, subsidies are provided to young families, large families, and other eligible categories of citizens.

Question 5

How does IpotekaHub help with mortgages?

Accepted Answer

IpotekaHub is a marketplace where all listings are verified for mortgage readiness. We check documents, cadastral passport availability, and legal clearance. You can compare mortgage products from different banks and calculate monthly payments.

Frequently Asked Questions

Frequently Asked Questions