construction is due to the importance of mortgage lending to improve the standard of living of the population of the Republic of Kazakhstan in providing affordable and comfortable housing. With the variety of modern market mechanisms, it is this financial mechanism that occupies a leading place in solving the problem of affordable housing for the population, and this is one of the key directions of the strategy for the development of mortgage housing lending in the Republic of Kazakhstan.

Mortgage housing lending makes it possible to coordinate the interests of the population in improving housing conditions with the interests of banks and other entities of the financial and credit system in efficient and cost-effective work, as well as with the interests of the construction complex in rhythmically loading production and with the interests of the state itself, which is interested in the economic growth of the country and improving the welfare of the population.

The article contains recommendations on how to eliminate the problems of mortgage lending and determine the prospects for its development in the Republic of Kazakhstan.  To achieve this goal, methods of analysis and generalization of existing theoretical and practical materials, as well as methods of expert assessment and interviewing will be used.

To achieve the goal, the following tasks have been set: to characterize the mortgage lending system as a tool for overcoming crisis phenomena in a transitive economy; to study the origin of the mortgage institution; to consider possible models for the development of the mortgage lending system in Kazakhstan based on the experience of foreign countries; to describe the housing situation in the Republic of Kazakhstan before the implementation of the housing mortgage lending system; to analyze the process of implementation and development mortgage lending in the Republic of Kazakhstan.