Mortgage in Ethiopia

Home loan in Ethiopia is one of the highly requested loan services in Ethiopia. Mortgage loan is a type of service where customers can own their living home within a long period of repayment term. Even though the criteria differs from one Bank to the other, this loan service works for customers who would like to construct their house from scratch, to build additional home using an existing compound, and purchase a new house. The Term house loan or mortgage loan in Ethiopia might also include commercial builds or units.