Housing Loan
Details
FNB Iskan Program

By: FNB - Lebanon

Description

FNB introduces FNB’s PCH Housing Loan (Iskan Program)

General Conditions

Loan Currency:
LBP
Minimum Loan Amount:
LBP 0
Maximum Loan Amount:
LBP 270,000,000
Minimum Period:
1 years
Maximum Period:
30 years
Rate Type:
Variable 
Rate First Year:
5.07%
Rate For Period:
20%(2YR LTB) + 3.9%
Minimum Rate:
5.80%
Loan Type:
Subsidized
Minimum Down Payment:
20%
Grace Period:
No
Property Condition:
Finished
Other:
Applicant’s monthly payment shouldn’t exceed 1/3 of the monthly salary (for employees) & 1/4 of the monthly income (for self employed)

Expenses

File Fees:
0

Benefits

Preferential low interest rates,Flexible repayment period,No registration fees, real estate mortgage, or contract stamp fees

Guarantees Required

Salary Transfer Required:
Maybe
Guarantor Required:
Maybe
Guarantees Required:
case by case basis

Insurance

Property Insurance:
Fire
Property Insurance Paid:
Installments
Property Insurance Company:
Libano Suisse

Life Insurance

Life Insurance:
Death/disability
Life Insurance Paid:
Installments
Life Insurance Company:
Libano Suisse

Applicant Profile

Age:
18 and above
Applicant Residency:
Resident, Non Resident
Minimum Income:
min USD 600
Minimum Years of work experience:
minimum 1
Other:
Applicant’s minimum salary should be $600 for private sector employees,and $1500 for self employed.Applicant should have been self employed for more than two years.Family income shouldn’t exceed 6,750,000 LBP.Applicant shouldn’t be retired when loan

Basic Required Documents

For employees:Copy of passport or Identity Card,Proof of income,Proof of residence.For self-employed:Copy of passport or Identity Card,Statement of account for the last 6 months,Declaration of income for the last 2 years,copy of the building permit ,Copy of title deed for the plot subject of the loan and others.

More Information

call our 24/7 Call Center on +961 (4) 727272
customerservice@fnb.com.lb
Contact