Prepare the necessary documents

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Self-employed individuals must provide documents confirming their income. These may be statements from the My Tax application, which shows all receipts for a certain period, or a bank deposit statement. Tax reporting confirming payment of taxes under the NPF system. Some banks also require a certificate of income for the past year.

Choose a bank . It is worth studying the banks' credit uganda whatsapp number data programs and special offers for the self-employed, taking into account the specifics of their income. For example, Sberbank and VTB have mortgage programs for the self-employed with a minimum package of documents.

Submit an application . Fill out an online application on the website of the selected bank or visit the office to submit documents in person. In the application, provide all the necessary information, including information on income and type of activity.

Wait for the bank to check your creditworthiness . The bank will analyze the data you provide and assess your creditworthiness. This includes checking your credit history and income stability. Therefore, before applying for a mortgage, try to avoid late payments on other loans.

Get pre-approved . If the decision is positive, you will receive pre-approval, after which you can begin choosing a property.

Assess the property if necessary . The bank has the right to request an independent assessment of the selected property to confirm its market value.

Conclude an agreement . After the mortgage is approved and the property is selected, the loan agreement and the property purchase and sale agreement should be signed.

Register the transaction . The final stage includes registering the transaction in Rosreestr.