In Ukraine, the state program “ІОselya” is implemented, according to which military personnel, teachers and doctors have the opportunity to get a loan for their own housing. However, applications are often rejected.
From October 2022 to June 2023, 1,666 preferential mortgages totaling UAH 2.28 billion were issued under the єOselya state program. This is stated in Opendatabot’s data.
A total of 43,939 citizens have made 139,846 applications since the program was opened. Such a large number of applications is due to the fact that one person can apply to different banks at the same time. However, banks approved only 47.6 thousand applications. 36% of the loans given to the army, 35% to the police. The share of healthcare professionals is 10% of the total number of soft loans.
Important
Until August 2023, only military personnel, teachers, scientists and doctors could apply for low-interest loans to buy homes. However, from August 1, other categories of citizens will be able to participate in the program.
Which of the Ukrainians will be able to get a loan under the “JOselya” program:
- members of war veterans and their families, participants in hostilities, persons with disabilities due to war, families of deceased (deceased) war veterans and families of martyred (deceased) defenders and defenders of Ukraine;
- internally displaced persons;
- other citizens of Ukraine who do not own residential real estate or have an area of less than 52.5 square meters. m for a family of one person (single person) and an additional 21 square meters. m – for each subsequent family member.
However, applying for a loan does not guarantee that the citizen will take a positive decision at the bank. For example, as described Focus Dmitry Zamotaev, Director of the Retail Business Department of Globus Bank, Common causes of failures are the client’s non-compliance with the program’s requirements. – for example, military personnel should serve only under a contract, or medical or pedagogical workers should work only in budgetary or social property institutions.
“The second main reason for refusals is that the client’s official income is insufficient to meet the requested loan amount,” he said. Focus Valeria Malakhova is head of retail business at Oschadbank. According to that, Sometimes applicants to participate in the program are carelessly familiarized with the program conditions. The expert also points out that among the main reasons for refusal are belonging to a privileged category, a negative credit history and insufficient income.
Details about the program “єOselya” Focus He writes in the article “Credits for the army and teachers.” How to buy an apartment under the state program “Oselya”.
Previously Focus He said that Ukrainian banks issued 232 housing loans in May, totaling UAH 322.5 million.
Source: Focus
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