Mortgage system: The case of Azerbaijan

One of the ost important requirements of an individual is a house. The house is also important in social-economic life of the individual. Economic, social and political developments on the world brought new solutions to housing problem. The Mortgage sytem is one of the most important solutions.Several models of mortgage is used in different countries depending on the development level of the country. The most successful mortgage systems are used in the USA and EU countries.In this project, using the documental detection model, the sources of housing finance, the house financing systems were researched in both developed countries and developing countries. At the end a research was made on Azerbaijan case.