Building Loan
Details
PHE Housing

By: Fransabank - Lebanon

Description

In Cooperation with the Public Housing Establishment (PHE)

General Conditions

Loan Currency:
LBP
Minimum Loan Amount:
LBP 20,000,000
Maximum Loan Amount:
LBP 270,000,000
Minimum Period:
10 years
Maximum Period:
30 years
Rate Type:
Variable 
Rate First Year:
5.07%
Rate For Period:
20% T.B( 2y) +3.9%
Minimum Rate:
5.07%
Loan Type:
Subsidized
Minimum Down Payment:
10%
Grace Period:
No
Other:
Payment not more than 33% of your income.Loan Repayment over two equal periods: first period, you settle the principal amount of the loan to Fransabank. second period, you settle the interest to PHE.

Expenses

File Fees:
0

Benefits

Financed amount for public sector employees: up to 100% of the apartment\\\'s value
Free credit card

Guarantees Required

Salary Transfer Required:
Maybe
Guarantor Required:
Maybe
Guarantees Required:
Mortgage, senior debt of the apartment in favor of Fransabank and PHE

Insurance


Life Insurance


Applicant Profile

Age:
between 18 and 64
Applicant Residency:
Resident
Minimum Income:
LBP 900,000
Minimum Years of work experience:
minimum 2
Other:
not owning a house within 25 km

Basic Required Documents

Personal Documents,Employment-Related Documents,Plot-related Documents ,Documents related to construction


More Information

dial 1552
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