Renovation Loan
Details
El Home

By: Emirates Lebanon Bank - Lebanon

Description

"EL Home" from Emirates Lebanon Bank, a loan tailored to your needs.

General Conditions

Loan Currency:
USD
Minimum Loan Amount:
USD 0
Maximum Loan Amount:
USD 500,000
Minimum Period:
1 years
Maximum Period:
15 years
Rate Type:
Fixed 
Rate First Year:
6.50%
Rate For Period:
6.50%
Minimum Rate:
6.50%
Loan Type:
Regular
Minimum Down Payment:
30%
Grace Period:
No

Expenses

File Fees:
1% of loan amount
Expert Fees:
USD 100

Benefits

Our real estate experts will allow you to determine the real value of your
property.

Guarantees Required

Salary Transfer Required:
Maybe
Guarantor Required:
Maybe
Guarantees Required:
case by case basis

Insurance

Property Insurance:
Property&fire
Property Insurance Paid:
Installments
Property Insurance Company:
Assurex

Life Insurance

Life Insurance:
Death /Disability
Life Insurance Paid:
Installments
Life Insurance Company:
Assurex

Applicant Profile

Age:
18 years and above
Applicant Residency:
Resident, Non Resident
Minimum Income:
case by case
Minimum Years of work experience:
minimum 2
Other:
You are employed or self-employed and your occupation allows you to supply
regularly your Emirates Lebanon Bank account. You have to be a member of NSSF.

Basic Required Documents

ID
Proof Of Income
Proof Of Residence
Title DEED

More Information

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