The Deputy Minister noted that the funds for social mortgage allocated by the government do not cover apartment problems of all families and social mortgage loans could be increased: “Former maximum limit of mortgage loans was
He also spoke about interest rate of social mortgage. He stressed that annual interest for social mortgage is 4% and is not expected to reduce.
According to proposals for law to be drafted, Along with young families, the youths also will be able to benefit from social mortgage loans: “Age limit for young families is 35, for youths – 29”.