Moldovan government endorsed the concept of "First House" State Program.

The document aims to facilitate the access of individuals, especially young families, to mortgage loans by partially securing them by the state. Guarantees on behalf of the state will be issued by the Organization for the Development of the Small and Medium Enterprises Sector (ODIMN).

Accordingly, apartments and dwellings on the Moldovan territory can be purchased, which have been completed and put into operation until the application is submitted. Their price must not exceed one million lei and the initial rate paid by the beneficiary is 10% of the price.

The credit will be granted by commercial banks for a maximum of 25 years, in Moldovan lei. Its interest rate will be composed of the average interest rate on deposits with the term from 6 to 12 months, enunciated by the National Bank of Moldova, a margin of up to 3% and a guarantee fee of 0.5%.

The monthly payment paid by the beneficiary will not exceed 50% of the official incomes of the family, and the state will guarantee 50% of the loan.

Under the "First House" program, with the support of the state, citizens of the Republic of Moldova, up to 45 years old, who are employed and have official incomes, will be able to buy a first house.