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Additional limits opened for standard mortgage loans in Azerbaijan

Additional limits opened for standard mortgage loans in Azerbaijan

The Mortgage and Credit Guarantee Fund has once again allocated limits to authorized banks to continue standard mortgage lending this year.

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The Mortgage and Credit Guarantee Fund has once again allocated limits to authorized banks to continue standard mortgage lending this year.

The Fund said applications will be accepted from 3 p.m. on Nov. 13, Operative Information Center-OMM reports.

Citizens are advised to set up their electronic accounts by Nov. 12.

Applications will be submitted through the “Electronic Mortgage and Credit Guarantee” system on the Mygov portal. Applicants will be able to verify their applications using the biometric identification feature of SİMA İmza.

Applications for remaining limits resulting from later-rejected applications will also be accepted on Fridays from noon.

Instructions for applying are available on the Fund’s official website (www.mcgf.gov.az/storage/Talimat.pdf) and in the relevant section of the Mygov portal.

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