Using your private house as collateral

Using your private house as collateral

CONDITIONSLoan amount1,500,000 MNT – 10,000,000 MNT
Monthly interest rate3.5%-4%
CollateralPrivate house and land
Loan term6 to 24 months
Assessment and approvalWithin 1 business day
Loan fee0.5% of the amount
REQUIREMENTS– Deed of Gift is not accepted.
SUPPORTING DOCUMENTS– Income statements (bank statements, tenancy agreements and other supporting documents)
– Certificate of Title