Mortgage Guide for Ethiopian-Israelis 2026

Mortgage Programs for the Ethiopian-Israeli Community

Four claims that stood on this page have been removed. They are named below so that you recognise them if you meet them elsewhere — none of them should be acted on.

1. The ₪600,000 state loan — real terms, wrong tense

The loan itself existed and its terms were as described. But it was a time-limited allocation from 2016; the first registration round closed on 18.4.2017 and both ministry programme pages now return 404. There is no annual lottery and no January registration window. The page also listed Bank Igud, which was dissolved in 2020.

2. The "Homot" grant of ₪120,000-200,000

No grant by that name was found. The real instrument is the absorption-centre housing grant, worth ₪235,000-650,000 by family size under Government Decision 1103 — a different programme, with different amounts and a different route.

3. There is no 90% financing track

Bank of Israel rules cap a first-home buyer at 75% financing. No track approving 90% for government-programme applicants was found, and the line claiming one has been removed.

4. Military-service mortgage points

Not verified against any official source; searched for and not located. Do not act on this.

Application steps

1. Check eligibility: gov.il/he/service/first-time-homebuyers
2. Meet a certified mortgage advisor (community-familiar — see /en/professionals)
3. Submit to the bank: ID, 3 months of pay slips, National Insurance confirmation
4. Preliminary approval → sign the purchase contract → release of funds

📞 Ministry of Construction hotline: 5442 | Ministry of Aliyah and Integration: 3450