Developed a new mortgage product for lending secondary housing.
This was announced at the press conference in the CCS by the chairman of the Board of JSC Mortgage Organization Baspana Kairat Altynbekov.
“On the part of the population, many questions arise regarding the inclusion of secondary housing in the loan program. We believe that concessional lending to the secondary real estate market will greatly facilitate the issue of housing provision for our citizens, ”he said.
As Kairat Altynbekov informed, in this connection a new product was developed for lending secondary housing “Baspana Hit”.
"This is a separate product from the 7-20-25 program of the Mortgage Organization Baspana." Down payment - 20% of the cost of housing, the annual rate - the base rate of the National Bank + 1.75%. Taking into account the fact that now the base rate of the National Bank is 9%, the rate on the product "Baspana Hit" will be 10.75 percent. The loan term is up to 15 years, ”he said.
However, as the speaker stressed, primary housing was approved as a lending object in the program 7-20-25, and these conditions within the program remain unchanged.
The head of the board also noted that the population is expected to have a great interest in this product, which can contribute to a positive impact in the development of the mortgage market and providing Kazakhstanis with housing.
