Have the First Home mortgage loan applications started? When will they start?

Research on the First Home mortgage loan with 1.20 percent interest, which is on the agenda of millions of citizens who want to own a home, continues. So, have applications for the First Home mortgage loan with 1.20 interest rate started? When will it start? What are the terms of My First Home mortgage loan?

WHEN WILL I APPLY FOR MY FIRST HOUSE HOUSING LOAN WITH 1.20 INTEREST?

The official application date for the İlk Evim mortgage loan with 1.20 interest rate has not been announced yet. According to current developments, the start schedule of the campaign is expected to be clarified after the technical studies of the relevant institutions are completed. When the application process begins, the date and application channels are expected to be officially announced.

Therefore, at this stage, it is not possible for citizens to prepare their applications according to a specific date. Application dates shared on social media or other platforms should not be taken into account before an official announcement is made.

WHAT ARE THE CONDITIONS OF MY FIRST HOME HOUSING LOAN WITH 1.20 INTEREST?

The exact application conditions for the İlk Evim housing loan with 1.20 interest rate have not been announced yet. However, according to public studies, the loan is expected to be especially aimed at low- and middle-income citizens who will be homebuyers for the first time.

Among the criteria expected to be brought to the agenda if the campaign is finalized:

Owning a house for the first time,

To meet the income criteria to be determined,

To meet the credit evaluation requirements of banks,

To purchase a house that meets the housing criteria determined within the scope of the campaign.

However, details such as current home ownership, presence of a house registered in the name of the spouse, income limit, age criterion and the scope of shared real estate have not yet been finalized. Therefore, the above conditions are expected criteria and should not be considered as official application conditions.

HOW LONG WILL THE INTEREST RATE AND MATURITY BE FOR MY FIRST HOME HOUSING LOAN?

The 1.20 percent interest rate stands out in the news and evaluations about the campaign. In addition, it is stated that a maturity option of up to 180 months, that is, up to 15 years, is on the agenda. However, there is no definitive regulation regarding the interest rate and maturity that sets out the official application conditions yet.

The credit limit and payment plan will also become clear once the official details of the campaign are announced.