State to pay 15% of mortgage loan of these individuals

The State will cover 15% of the loan to officers and warrant officers who bought housing on preferential terms at the expense of the Mortgage & Guarantee Fund.

Mortgage Fund received AZN 38 million of interest income for Jan-Jun

The Azerbaijan Mortgage & Credit Guarantee Fund has published the financial statements for the first half of 2023.

Mortgage contracts increased more than by 16% in 10 months

Mortgage Fund proposes to expand mortgages for ‘stable taxpayers’

Within the Great Return Program, appropriate measures have been developed in the occupation-liberated territories of Azerbaijan so that people living there can use mortgage loans in the future.

Mortgage Fund to spend half a million manats on system E-Mortgage & Credit Guarantee

A purchase and sale agreement has been signed between the Azerbaijan Mortgage & Credit Guarantee Fund and Cybernet LLC.

Over 4,000 apartments sold by leasing on state line

AMCGF increased giving of loans by 35% for past 8 months

Mortgage Fund to place bonds for AZN 50 million

The Azerbaijan Mortgage & Credit Guarantee Fund plans to issue and place bonds in the amount of AZN 50 million.

Demand for mortgage loans grew by 23%

Auction on placement of mortgage bonds held

Mortgage rates up in US

Mortgage rates in the US have risen to their highest since November 2000, making housing unaffordable to potential buyers.

Number of apartments leased through state exceeds 3,800

Amount of loan issued through Mortgage and Credit Guarantee Fund made public

The number and amounts of mortgage loans issued through the Mortgage and Credit Guarantee Fund (MCGF) have been disclosed.

45,533 mortage loans issued up to date

3,755 apartments leased through state line

Amount of given mortgage loans made public 

A decision made on bank's breach of mortgage loan obligation

A decision has been made on the violation of obligations on the mortgage loan of a bank in the process of its liquidation.

Rate of mortgage contracts has increased

Azerbaijan gave mortgage loans for AZN 243.6 million for Jan-Jun

In January-June 2023, the Azerbaijan Mortgage & Credit Guarantee Fund allocated 243.6 million manats ($143.29 million) in loans, 12.3% more than in 2022

Amount of mortgage loans given within state line increased for past 5 months

Is it possible to sell apartments with a mortgage loan?

Some citizens are forced to sell the apartment they bought with a mortgage before the debt ends.