11th December 2017 02:31 PM | |
pawan | Re: First National Bank Lebanon Housing Loan As you want to know details of First National Bank, Lebanon Housing Loan here I will gather information for you. Loan terms: Down Payment: 10% of the primary residence value Maximum Loan Amount: LBP 270,000,000 Repayment Period: 10 to 30 years Maximum House Surface: 210sq.m Minimum Monthly Income: LBP 1,500,000 Maximum Family Monthly Income: LBP 6,750,000 Interest Rate: 10% of Treasury Bills return for the period of 1 year + 2.75% (currently 3.285%) File Fees: US$ 500 Expert Fees: US$ 150 up to US$ 250 Commission: 1% of loan amount up to US$ 500 APR (Annual Percentage Rate): 4.11% (for a loan amount of LBP 270,000,000 over a period of 30 years). This APR includes life insurance, file fees, and expert fees Provision: 10% to PCH of the loan amount Guarantees: real estate mortgage of the apartment + any additional guarantees Eligibility Criteria: Be a Lebanese National citizen Be aged between 21 and 70 years old at loan maturity Have a minimum salary of LBP 2,250,000 if self-employed Have a minimum experience of two years in the same field Special Conditions: Maximum apartment price can be US$ 340,000 The client is excluded from resgistration and mortgage expenses(except for prepayment) The client or family members should not own a house within 25 km from their workplace Address:- First National Bank Postal Code 2012 6004 P.O.Box: 11-435, Riad El Solh / 113-5453 Beirut P.O.Box: 16-5192 Achrafieh Beirut - Lebanon Phone:- 00961-1 - 963000 - 977040 |
11th December 2017 01:34 PM | |
Unregistered | First National Bank Lebanon Housing Loan I need to know more about Housing Loan offer by First National Bank, Lebanon so that I can go through it? |