The eOselya mortgage lending program expanded beginning August 1.

According to Minister of Economy Yulia Svyridenko, from now on more Ukrainian citizens will be able to get a 7% mortgage rate under the eOselya government program. Ukrainians who do not have a home or less than 52.5 square meters for a family of one person and an additional 21 square meters for each subsequent family member can apply for a mortgage.

There are also restrictions placed on who is eligible: veterans and members of their families, persons with disabilities due to the war, families of deceased veterans and Defenders of Ukraine, and internally displaced persons.

It is noted that the main conditions are as follows: the fixed annual rate in hryvnia is 7%, a 20% downpayment is required, and the credit term is up to 20 years. As well, participants can only buy an apartment in a building under construction or one not older than three years.