Conditions / Eligibility

  • Applicant must be minimum 21 years old and should not exceed 64 at the maturity of the loan.
  • Applicant should have a minimum of 2 years experience within the same field
  • Life insurance on the loan amount.
  • Fire insurance on the property price fixed by the expert.
  • Monthly payment should not exceed 1/3 of the monthly income or salary.

Characteristics

    Standard Housing Loan in USD
 Loan Amount   No limitation on maximum amount
  Currency   USD
  Interest Rate
Beirut Reference Rate (BRR) +0.5% (Min 7%) 
Minimum Down Payment  25% Resident 
35% Expatriate
  Period Minimum 5 years 
Up to 25 years
  Conditions -A minimum of 2 years working experience in the same field
-Minimum monthly income:
USD2,000
  Guarantees 1-1st rank mortgage 
2-Life insurance covering death,
total and permanent disability 
3-Fire insurance 
  Commission  Certified expert fees:
USD 150 - USD 200 (depending on the region) 
- File fees: 0.25% of the loan amount (minimum USD 200,-) 
  Use   Primary or secondary Residence