mortgage loan for properties under construction

The bank reserves the right to request supporting documents regarding your income in order to meet the prudential requirements specific by the parties.

To submit the loan application, you need the real estate valuation report, completed by a company approved by the bank.

Request the evaluation report online

List of evaluators

• For clients officially employed in the RM: if necessary, salary account statement or salary certificate.
• For clients employed abroad or freelancers from abroad, a bank card statement (at a bank other than maib) must be presented, showing the salary and/or service receipts. In addition, the employment contract or any other document proving the employment/provision of services and the declaration on the payment of taxes on the income received must be presented (if applicable, but if there are such documents, it would be better to present them in original to the bank).  Py slips are not accepted without a salary card statement.
• For clients with dividends: financial statements for the current and previous year, shareholders' minutes of distributing dividends, and bank statements showing dividend receipts (if received at a bank other than maib). In the case of dividends paid in cash, documents confirming their issue and proof of payment of taxes will be required.
• For clients practising one of the legal professions: statement of the account where the income is received. For notaries, accounting documents attesting to the expenses of the notary's office must also be submitted.
• For clients with copyright assignment income: copyright assignment contract/certificate of the amount of income and statement of the bank account where the income is received.
• For clients with income from rent/rent/lease: valid rent/rent/lease contract (registered with the SFS) and Release Orders/Payment slips for rent/rent/lease payments or statement of the account opened with maib or other financial institution, either in electronic or paper format.
  • the statement of account is submitted in electronic format or on paper signed/stamped only if the income is received through banks in the RM other than maib.
  • the bank has the right to request any other document in analysing and approving the client's request.

Once you have obtained a mortgage loan, it's important to insure the mortgaged property. There are two main types of insurance you can consider: mandatory home insurance and optional home insurance. The mandatory one is required by law and is necessary for all mortgaged homes. Its cost is on average 1000 MDL, depending on the mortgaged property. Optional insurance is a personal choice, but it can help you better protect your investment.

Permission from the construction company/seller, which must be provided after the loan approval and the preparation of documents for the notarization of the transaction.

Along with the documents received from the company, you must request the "Collateral data modification act" from the bank, and this act, together with the company documents, must be submitted to ASP/Cadastre (IP CBI) for registration of the commissioning.