Housing Loan
Details
LGB ISKAN Home Loan

By: Lebanon & Gulf Bank - Lebanon

Description

Easy Home Finance :Iskan Home Loan is an affordable way to buy your apartment and reimburse its price at the pace that is most convenient to you.

General Conditions

Loan Currency:
LBP
Minimum Loan Amount:
LBP 0
Maximum Loan Amount:
LBP 270,000,000
Minimum Period:
7 years
Maximum Period:
30 years
Rate Type:
Variable 
Rate First Year:
5.07%
Rate For Period:
20% LTB+ 3.9%
Minimum Rate:
5.80%
Loan Type:
Subsidized
Minimum Down Payment:
30%
Grace Period:
No
Property Condition:
Finished
Other:
for employees :Monthly payment not to exceed 1/3 of the monthly income , and for self-employed Monthly payment not to exceed 1/4 of the monthly income

Expenses

File Fees:
none

Benefits

free registration fees
cost free mortgage contract
Property tax free during the loan period

Guarantees Required

Salary Transfer Required:
Maybe
Guarantor Required:
Maybe
Guarantees Required:
First Degree Mortgage

Insurance

Property Insurance:
Fire, lightning and explosion
Property Insurance Paid:
Installments
Property Insurance Company:
MedGulf

Life Insurance

Life Insurance:
Death
Life Insurance Paid:
Installments
Life Insurance Company:
MedGulf

Applicant Profile

Age:
21 years and above
Applicant Residency:
Resident
Minimum Income:
LBP 1,200,000
Minimum Years of work experience:
2
Other:

Basic Required Documents

Employees
Photocopy of Applicant's ID or Passport, Authenticated proof of employment for at least 1 year.
Property related documents.
For Self Employed
Photocopy of Applicant's ID or Passport.
Statement of account(s) for the last six months.
Property related documents .

More Information

Call center : +961 (1) 965965 and
beirut headquarters tel: +961 (1) 965000
Contact