Renovation Loan
Details
General housing corp.

By: Jammal Trust Bank - Lebanon

Description

A loan to suit your needs

General Conditions

Loan Currency:
LBP
Minimum Loan Amount:
LBP 0
Maximum Loan Amount:
LBP 270,000,000
Minimum Period:
12 years
Maximum Period:
30 years
Rate Type:
Fixed 
Rate First Year:
4.67%
Rate For Period:
20% T.B( 2y) +3.5%
Minimum Rate:
4.67%
Loan Type:
Subsidized
Minimum Down Payment:
10%
Grace Period:
No
Other:
Monthly Payment amount should not exceed ⅓ salary for the employees and ¼ income for the self employed.
interest rate may vary according to lebanese treasury bills return for 1 year.

Expenses

File Fees:
free

Benefits

Free Registration of the property

Tax free during all the loan period

Guarantees Required

Salary Transfer Required:
Maybe
Guarantor Required:
Maybe
Guarantees Required:
first degree mortgage of the property

Insurance

Property Insurance:
fire
Property Insurance Company:
Trust Insurance

Life Insurance

Life Insurance Company:
Trust life

Applicant Profile

Age:
18 years and above
Applicant Residency:
Resident, Non Resident
Minimum Income:
LBP 900,000
Minimum Years of work experience:
minimum 2
Other:
case by case

Basic Required Documents

Photocopy of ID Or Passport, certificate of income, certificate of residence, photocopy of

title deed . The bank may request additional documents

More Information

call Tel: +961 (1) 781999
Contact