Building Loan
Details
Housing Loan

By: Fransabank - Lebanon

Description

Fransabank introduces Fransabank Housing loan to suit your needs.

General Conditions

Loan Currency:
USD
Minimum Loan Amount:
USD 0
Maximum Loan Amount:
Unlimited
Minimum Period:
1 years
Maximum Period:
30 years
Rate Type:
Variable 
Rate First Year:
4.05%
Rate For Period:
Libor (1y) +3.5%
Minimum Rate:
4.05%
Loan Type:
Regular
Minimum Down Payment:
25%
Grace Period:
Yes
Other:
repay loan through equal monthly installments that can reach up to 33% of your monthly income

Expenses

File Fees:
USD 250
Expert Fees:
USD 100-USD 150

Benefits

Financed amount: up to 80% of the apartment's value. Free credit card.

Guarantees Required

Salary Transfer Required:
No
Guarantor Required:
Maybe
Guarantees Required:
First degree mortgage of the apartment in favor of Fransabank

Insurance

Property Insurance:
fire insurance
Property Insurance Paid:
Installments
Property Insurance Company:
UFA

Life Insurance

Life Insurance Paid:
Installments
Life Insurance Company:
Bancassurance

Applicant Profile

Age:
between 18 and 64
Applicant Residency:
Resident
Minimum Income:
USD 1,000
Minimum Years of work experience:
minimum 2

Basic Required Documents

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



More Information

dial 1552
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