State mortgages are issued by authorised banks with funds of the Mortgage and Credit Guarantee Fund (İKZF, formerly the Azerbaijan Mortgage Fund). Banks also offer commercial mortgages from their own funds. The figures below are official maximums; a bank may apply stricter terms.
Open to all citizens of Azerbaijan who meet the affordability rules.
Preferential state mortgage
Maximum loan
AZN 100,000
Annual rate
up to 4% (up to 3.7% with a Fund guarantee)
Term
up to 30 years
Down payment
at least 10% (loan up to 90% of the value)
Use
Once per family or person
Only for the categories set by law (listed below).
MİDA homes (Affordable Housing)
Terms
Preferential mortgage: 4%, up to 30 years, 10% minimum down payment, up to AZN 100,000
Selection
The apartment is chosen in the "Affordable Housing" e-system
Sales by the State Housing Construction Agency are announced separately.
Bank mortgage (bank’s own funds)
Example: ABB
9–11% a year, up to 25 years, 15–25% down, up to AZN 500,000, 1% fee
Age
20–60 with official income in the ABB example
Terms differ by bank; available even when state limits run out. Check the bank’s current tariff before applying.
Who and which property
Loans are for citizens of Azerbaijan and in manat only.
For an apartment (in a building completed after 1 January 1970), a private house or a country house. Not for land or construction.
The purchased home is the collateral and its ownership must be state-registered.
An independent appraiser from the Fund’s list values the property.
The borrower must have no overdue loans.
Income and affordability
The monthly payment may not exceed 70% of the borrowers’ total monthly income.
Living costs of at least 50% of the subsistence minimum are counted for each family member.
Official income for the last 12 months (after tax) counts: salary in full; interest, dividends and rent up to 50%.
Entrepreneurs need at least 12 months of activity. There is no minimum salary.
Age and borrowers
The loan must be repaid by the borrower’s legal retirement age (for example, at 50 the term is at most 15 years).
Up to 3 borrowers: spouse, children and parents can be co-borrowers.
Ownership is registered to the main borrower.
Preferential categories
Families of martyrs, Heroes of the Patriotic War and National Heroes (and their spouses).
At least 15 years in civil service or as a state-school teacher; journalists with 15 years’ experience.
At least 3 years in military, police, research or judicial service; Doctors of Science.
Young families (both spouses 35 or younger): children of martyrs and heroes, internally displaced persons, 3 years of civil service or state-school work, PhD holders, athletes, journalists with 5 years’ experience.
Required documents
ID cards of the borrowers.
Marriage or divorce certificate; IDs or birth certificates of family members.
Proof of employment and income (for example, a 12-month salary statement).
Proof of the preferential category (if applicable).
Entrepreneurs: tax registration certificate and income or simplified tax return.
Insurance and costs
Life (work capacity) and property insurance of at least the loan amount are required.
Extra costs: bank fee, appraisal, insurance, state duty, notary and (for guaranteed loans) the Fund’s guarantee fee.
How to apply
1. Apply: the "Electronic mortgage and credit guarantee" system on my.gov.az / e-gov.az (with SİMA or Asan İmza) or through an authorised bank.
2. Underwriting: the bank checks income and the property value and decides.
3. Loan, mortgage and insurance contracts are signed and registered.
4. The loan is paid out and ownership registered; then equal monthly (annuity) payments.
State mortgages run on yearly limits: for 2026 applications opened on 5 March (standard) and 6 March (preferential); intake pauses when a limit is used up.
For guidance only, taken from official sources; the final decision follows the bank’s and the Fund’s current terms. The calculation is an example, not a loan offer.
Price robot
Price robot
An estimate from listing asking prices, not an official appraisal.