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Property

Georgia — Property: Mortgage Availability

The National Bank of Georgia caps how much banks may lend against a home: up to 90% of the property's value for lari loans and 70% for foreign-currency loans, with monthly payments limited to 20% to 50% of net income depending on income and currency. The page does not say whether foreigners or non-residents can get a mortgage.

VerifiedGovernment / official sourceNational Bank of Georgia (NBG) – PTI and LTV RequirementsLast reviewed: 2026-10-27

Key facts

  • For loans in lari, the loan-to-value (LTV) cap is 90% of the collateral's market value; for foreign-currency loans it is 70%.
  • The payment-to-income (PTI) cap for lari loans, or foreign-currency loans where income is in that same currency, is 25% of monthly net income below 1,500 GEL and 50% at 1,500 GEL or above.
  • For foreign-currency loans where income is not in that currency, the PTI cap is 20% of net income below 1,500 GEL and 30% at 1,500 GEL or above.
  • The NBG says the ratios can be changed in relation to financial cycles and may differ for domestic and foreign currencies.
  • The page cites legal act No. 281/04 as the basis of the limits.
  • The page does not say whether foreigners or non-residents are eligible, give interest rates, or list effective dates or special rules for income earned abroad.

Steps

  1. What is currently known about mortgage availability in Georgia — Due to a lack of information, no steps can be provided on the process of obtaining a mortgage in Georgia.

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