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Doctors & Dentists Housing Loan

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Consumer Loan DOCTORS & DENTISTS HOUSING LOAN
Purpose To buy, build or renovate a house
Applicant Profile  Ensure a minimum monthly income of minimum $750.
Ensure two years of working experience, in the same institution, if you are
an employee or in the same career domain, if you are self-employed.
Monthly payments should not exceed 1/3 of income.
Financing/ Loan amount  - 80% for finished apartments
- 60% of the rent amount for rented apartment (key money is
considered as a first down-payment)
- 50% of project cost (land + construction) for construction of a
house
- 100% of the renovation cost and not exceeding 50% of the house value
after renovation
- Minimum $25.000. No Limitation on the maximum loan amount.
Interest Rate on USD • Reduced rate first year of 6.25%, then LIBOR (1 year) + 3.5% minimum 7.25% regressive. Special rates for priority customers.
 • Benefit from a special reduced rate if the down payment is 35% of apartment valuation.
Repayment Period  7 to 30 years. 
Distinctive Feature - If loan period is greater or equal to 7 years and house value is less or equal to $120,000, no mortgage fees and no stamp fees .
- Pre approved free Credit Card for the first year with max $5.000.

NEW! You can also benefit from our Housing Loan in LBP at a very competitive interest rate (Read more).

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