New Mortgage Terms for Veterans and Displaced Families
The Ukrainian government has officially expanded its “eOselya” affordable mortgage program. Effective July 17, the policy overhaul provides significantly reduced interest rates for veterans, their families, and internally displaced persons (IDPs) to ease the financial burden of homeownership.
Under the updated rules, eligible participants now access a 3% annual interest rate for the first 10 years of their mortgage. Furthermore, the government now allows the use of housing certificates to cover down payments.
Tiered Rates for Frontline Personnel
War veterans, individuals who acquired a disability due to the war, and families of fallen soldiers qualify for the 3% rate for the initial decade of their loan. After that 10-year period, the rate adjusts to a maximum of 6% per annum.
The government also extended these terms to include mobilized reservists. For those who entered into a credit agreement after January 11, 2026, these lower rates will be applied retroactively to the date of the original contract signing.
Leveraging Certificates for Down Payments
Historically, the down payment requirement acted as a significant barrier for displaced families. The revised policy now permits IDPs who hold the status of a war veteran or have a war-related disability to use government-issued housing certificates to satisfy this down payment.
Expanded Space for Growing Households
The government has increased the maximum square footage allowed under the program to better accommodate larger families. Households consisting of two or three people may now apply for mortgages on properties up to 73.5 square meters for apartments or 83.5 square meters for single-family homes.
Additionally, the calculation of “family size” now includes children up to the age of 21. This change ensures that families with students or young adult dependents are not penalized, potentially qualifying them for larger properties than were previously permitted under stricter size caps.
Eligibility and Digital Access
The “eOselya” program remains open to Ukrainian citizens aged 18 to 70 who do not own property or whose current living space falls below the statutory threshold of 52.5 square meters per person, plus an additional 21 square meters for each subsequent family member.
Applicants must demonstrate a stable, official income to meet bank underwriting standards and must not be receiving support from other state-funded housing initiatives. The process is centralized through the “Dija” digital portal. Users can select the “eOselya” service, complete a digital questionnaire, and receive a preliminary credit decision from participating partner banks within 24 hours.
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