Regulatory Alerts2015-12-22
Regulation on Residential Mortgage Lending
The Central Bank of the Republic of Kosovo issued this regulation to establish comprehensive requirements and standards for residential mortgage loans granted to natural persons. It mandates written loan and mortgage agreements, caps financing at ninety percent of appraised property value, and permits fixed or variable interest rates tied to public indices. The framework classifies loans into Qualifying categories based on primary occupancy, self-amortization, and debt-to-income ratios while permitting purchase, refinance, renovation, or construction purposes.
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