A bridging loan at Otbasy Bank is a type of loan issued to clients during the savings period, when they don't yet have enough money to qualify for a standard mortgage.
🔹 Key characteristics of a bridging loan:
✔ Issued to clients who have a deposit with Otbasy Bank.
✔ Interest rate – higher than a home loan, but lower than commercial mortgages.
✔ Security – the purchased property (collateral may be required).
✔ The savings period continues, and once the conditions are met, the deposit is converted into a low-interest home loan.
FOLLOW OUR CHANNEL!
• Otbasy Bank on Instagram - / otbasy_bank. .
• Otbasy Bank on FB - / otbasybankkz