Housing Loan
Details
BDL Housing loan

By: Bankmed - Lebanon

Description

We Simplify. You Benefit

General Conditions

Loan Currency:
LBP
Minimum Loan Amount:
LBP 100,000,000
Maximum Loan Amount:
LBP 800,000,000
Minimum Period:
7 years
Maximum Period:
30 years
Rate Type:
Variable 
Rate First Year:
5.44%
Rate For Period:
40% of 1YR TB +3.3%
Minimum Rate:
5.44%
Loan Type:
Subsidized
Minimum Down Payment:
25%
Grace Period:
Yes
Property Condition:
Finished
Other:
repay your loan through monthly installments that can reach up to 33% of your monthly income for employed
Not to exceed 25% of monthly income for Professional and Self-employed

Expenses

File Fees:
0
Expert Fees:
USD 200

Benefits

-

Guarantees Required

Salary Transfer Required:
Maybe
Guarantor Required:
Maybe
Guarantees Required:
1st degree mortgage
insurance
case by case

Insurance

Property Insurance:
fire
Property Insurance Paid:
Flexible
Property Insurance Company:
AXA

Life Insurance

Life Insurance:
life
Life Insurance Paid:
Flexible
Life Insurance Company:
AXA

Applicant Profile

Age:
21 up to 64
Applicant Residency:
Resident
Minimum Income:
LBP 3,750,000
Minimum Years of work experience:
1year
Other:
Lebanese

Basic Required Documents

-Copy of National ID
-A certified salary attestation with a history
that does not exceed 21 days from the
date of submission of the application.
- Bank Statements for at least 2 years ( if applicable)
Real estate certificate
Other documents may be required on a case-by-case.

More Information

01-708090
Contact