Mortgage Documents for a Foreigner: Full List and Examples

Mortgage documents for foreigners: what to prepare 📑

Getting a mortgage as a foreigner in Georgia is possible, but lenders usually require a comprehensive package of documents. This guide gives a clear checklist, sample document bundles for common scenarios, and practical tips for translations and notarisation.

Core documents you will likely need ✅

• Passport and copies of relevant pages with stamps.
• Residence permit or registration (if applicable).
• Tax ID or national identification documents (as required by the bank).
• Proof of income: employer letters, payslips, or tax returns for the self‑employed.
• Bank statements showing regular income over a period.
• Sales agreement or preliminary contract for the property you want to buy.
• Title documents from the seller (ownership certificate, cadastral references).
• Evidence of down payment source (bank statement, transfer receipt, loan agreement).

Additional documents depending on your case 🔎

• International credit report or credit history from your home country (if requested).
• Notarised and certified translations into the language the bank accepts (often Georgian or English).
• Business financials for owners: invoices, account statements, tax filings.
• Power of attorney if someone is acting on your behalf.

Example document sets (scenarios) 🧾

1) Foreigner working in Georgia

• Passport + residency documents.
• Employer letter confirming salary and position.
• Recent bank statements.
• Purchase agreement for the apartment.

2) Freelancer or self‑employed

• Passport + tax returns or business filings.
• Contracts and evidence of regular payments to your accounts.
• Notarised translations of financial documents.

3) Foreign investor with overseas income

• Passport, proof of income abroad (bank statements, contracts).
• Translated and certified financial documents.
• Possible request for additional collateral or guarantors.

How to prepare documents: practical tips 🛠️

• Ask the specific bank for their required list before you start collecting documents — requirements vary.
• Use certified translators and get notarisation when the bank requires it.
• Have both electronic and printed bank statements; some banks insist on official bank‑issued documents.
• Check if documents from your country need an apostille or consular legalisation.
• Keep digital copies and backups of all important papers.

Common mistakes to avoid ⚠️

• Not proving stable income — provide additional evidence like contracts and recurring payments.
• Poor translations — ensure translated documents match the originals and are certified when needed.
• Overlooking legalisation requirements — verify whether an apostille or consular stamp is necessary.

Application steps and timeline ⏳

1. Gather the bank’s document list and complete the package.
2. Submit the application and wait for the bank’s verification of property title and creditworthiness.
3. The bank will arrange property valuation and final assessment.
4. If approved, sign the loan agreements and register the mortgage.

Expect banks to ask for extra documents during review — that’s normal.

Quick checklist before submission 📋

• Passport and copies — ready.
• Income proof — collected.
• Bank statements — covering several months.
• Translations and notarisation — done where necessary.
• Property documents — verified.

Final recommendations 🤝

Careful preparation dramatically reduces delays. Because banks have different requirements, communication with your chosen lender is essential. Real estate agents can help coordinate translations, notarisation, and document checks.

BuyHome assists foreigners with document preparation and full transaction support in Georgia. Contact us for help preparing the right package for your mortgage application. https://buyhome.ge/en/search https://buyhome.ge/en/apartments