Limits have been allocated to authorized banks by the Mortgage and Credit Guarantee Fund for the purpose of continuing mortgage lending throughout 2026.
This was reported to Modern.az by the Fund.
It was noted that the acceptance of applications for standard mortgage loans began on March 05, 2026, at 11:00, and for preferential mortgage loans on March 06, 2026, at 11:00.
To ensure the acceptance of citizen applications under equal conditions, in real-time, and transparently through the “Electronic Mortgage and Credit Guarantee” system, which is integrated into the Electronic Government Information System, stability and security tests were carried out in cooperation with the State Service for Special Communication and Information Security, and the secure and uninterrupted operation of the system was ensured and kept under constant control through the applied information security mechanisms.
The provision of both standard and preferential mortgage loans with favorable terms and low interest rates has created high demand for these loans among the population. Within the limits allocated to authorized banks at the announced times, applications from 1522 individuals (total applications 9019) for standard mortgage loans and 643 individuals (total applications 4369) for preferential mortgage loans were registered.
As in previous years, the acceptance of applications for mortgage lending and subsequent processes continue in accordance with existing legislation and the Fund's internal regulations.
The secure operation of the system is kept under control with the information security mechanisms applied by the State Service for Special Communication and Information Security.
