Mortgage loans in Turkey

  • Can foreigners get a mortgage loan in Turkey?

    According to the Turkish law on mortgage loans adopted on March 6, 2007, foreign citizens have a right to get a mortgage in Turkey. If a bank provides citizens with money at a certain interest rate, and as a guarantee that the client will return the debt, sets the condition for the pledge of a property, then it means a mortgage loan. Individuals...

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  • How to get a mortgage if you are a foreigner

    Most Turkey’s banks ensure foreigners a friendly mortgage policy. All foreigners who are going to buy a property in Turkey can apply for a mortgage in this country. Local banks offer a simplified procedure so that very often it is much easier to get a mortgage for foreigners rather than locals. Mortgage terms and conditions may vary from...

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