Housing Loan
Details
Subsidized BDL

By: BLOM - Lebanon

Description

The housing loan from BLOM BANK, subsidised by BDL, in Lebanese Pounds was developed to help you finance your home in Lebanon.

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:
29 years
Rate Type:
Variable 
Rate First Year:
5.14%
Rate For Period:
40% TBs(1yr )+3%
Minimum Rate:
5.14%
Loan Type:
Subsidized
Minimum Down Payment:
25%
Grace Period:
Yes
Property Condition:
Finished
Other:
Monthly payment must not exceed 40% of the monthly income.

Expenses

File Fees:
1% of loan
Expert Fees:
$100

Benefits


Guarantees Required

Salary Transfer Required:
Yes
Guarantor Required:
No
Guarantees Required:
1st degree mortgage on the residence
A life insurance covering the outstanding loan amount.
A fire and natural disaster insurance policy.
Other guarantees may be requested on a case by case basis.

Insurance

Property Insurance:
Fire and natural disaster
Property Insurance Paid:
Flexible
Property Insurance Company:
AROPE

Life Insurance

Life Insurance:
Life insruance
Life Insurance Paid:
Flexible
Life Insurance Company:
AROPE

Applicant Profile

Age:
18 and above
Applicant Residency:
Resident, Non Resident
Minimum Income:
no min
Minimum Years of work experience:
1
Other:
Monthly payment must not exceed 40% of the monthly income

Basic Required Documents

ID
proof of income
proof of address
real estate certificate

More Information

BLOM Bank's Call Center on 00961-1-753000
Contact