The Iraq Real Estate Bank has officially announced the reopening of applications for housing unit purchase loans, starting Sunday, November 30, 2025 at 12:00 PM, exclusively through the “Ur Government Portal”.
This decision marks an important opportunity for Iraqis seeking to own a ready residential home with long-term, manageable financing.
In this article, we break down the loan requirements, applicant conditions, property criteria, repayment terms, and the full application process, organized clearly for Shanashel readers and anyone exploring property acquisition in Iraq.
1. What Is the Housing Purchase Loan?
The loan is designed to help citizens purchase a ready, legally registered residential unit.
The property is mortgaged to the Real Estate Bank until the full repayment is completed.
This loan supports individuals who want to buy a completed home rather than purchasing land or building from scratch.
2. Application Opening Date
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Official start date:
November 30, 2025 – 12:00 PM -
Submission platform:
Exclusively through the Ur Government Portal (online only) -
Important notice:
No applications will be accepted at bank branches during the submission period, and the process does not involve any intermediaries or brokers.
3. Applicant Requirements
To be eligible for the housing loan, applicants must meet the following conditions:
- Must be an Iraqi citizen.
- Must be 18 years old or above.
- The applicant or spouse must not have previously obtained a Real Estate Bank housing loan.
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Must provide valid official documents:
- National ID or Civil ID
- Residency card
- Active mobile number registered on the Ur Portal
- All submitted data must be accurate—incorrect or incomplete information may result in rejection.
4. Property Requirements
The property intended for purchase must meet these criteria:
- It must be a completed residential unit, not under construction.
- Minimum area: 100 square meters.
- Must be legally registered (Tabu – residential title deed).
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The loan does not cover units located in:
- Investment residential complexes
- Agricultural lands
- Informal or unregulated areas
- The property must be located within the same province selected in the application.
- The selected province cannot be changed after submission.
5. Loan Details & Repayment Terms
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Maximum loan amount:
Up to 100,000,000 IQD -
Repayment period:
Up to 20 years -
Approximate monthly installment (maximum loan):
Around 438,000 IQD -
Loan disbursement:
The bank transfers the loan amount directly to the seller, ensuring secure payment for both sides. -
Property mortgage:
The purchased property is mortgaged to the Real Estate Bank until the loan is fully repaid.
6. Application Steps via Ur Government Portal
- Access the Ur Government Portal.
- Select “Housing Unit Purchase Loan – Real Estate Bank”.
- Enter personal details accurately.
- Provide full details of the residential property.
- Upload required documents.
- Select the province carefully (cannot be changed later).
- Submit the form and wait for an SMS notification regarding your appointment/day of review.
7. Important Notes for Applicants
- Prepare the title deed and verify the property’s legal status before applying.
- Avoid dealing with “agents” or intermediaries—the application is free and official.
- Ensure the property meets all residential and legal standards before submitting.
- Double-check your contact details to avoid missing any notifications.
Conclusion: A Valuable Opportunity for Homebuyers
The reopening of the Real Estate Bank’s housing purchase loan program provides a significant opportunity for citizens seeking stable, long-term home ownership.
With clear requirements and a fully digital application process through the Ur Portal, the initiative enhances fairness, transparency, and accessibility for all applicants.
Shanasheel will continue to follow the latest updates in Iraq’s real estate market and provide reliable guidance to help individuals make informed decisions.