What are the main requirements of the Program for Refinancing Mortgage Loans (Mortgage Loans)?

    Akimat of Atyrau region

    Question

    What are the main requirements of the Program for Refinancing Mortgage Loans (Mortgage Loans)?

    Answer

    The terms of the Program provide for the refinancing of loans until 2035 issued in the period from 2004 to 2009, as well as loans issued in foreign currency before January 1, 2016. To determine the compliance of the loan with the terms of the Program, the borrower must contact their lending bank.

    Refinancing/conversion of foreign currency mortgage loans issued before January 1, 2016, is carried out until July 1, 2021. The deadline for providing additional assistance to borrowers from the SVSP category and returning housing from the balance sheet ends on July 1, 2021.

    The list of banks can be found in the text of the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated September 21, 2020 No. 114 "On Amendments and Additions to the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated April 24, 2015 No. 69 "On Approval of the Program for Refinancing Mortgage Housing Loans (Mortgage Loans)" via the link https://finreg.kz/?docid=1552&switch=russian.

    The contacts of bank employees who clarify the terms of the Refinancing Program, as well as the list of required documents, can be found at the link: https://finreg.kz/?docid=1552&switch=russian.

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