Byblos Bank s.a.l. -- Personal -- Loans -- Housing -- LBP


	Search

Subscribe

Home sweet home, with Byblos Bank Housing Loan in LBP dreams do come true!

When the time comes to buy your first sweet home, we have the experience and resources to make life easier for you. Byblos Bank is one of the largest providers and, in fact, a pioneer of housing loans in Lebanon. We've helped hundreds of thousands of people to buy, build, and/or renovate their homes.

Today, Byblos Bank newly introduced Housing Loan in LBP is a loan with distinctive features and facilities that allow you to finance your first and principal home in Lebanese Lira at a lower rate, grace period up to 6 months and zero file fees.

Consumer Loan Housing Loan

Purpose To Buy, or Build your First and Principal home in Lebanon

Applicant Profile - Lebanese residents and non residents
- Maximum age not to exceed 64 by the end of the loan period.
- Employed and self employed with a minimum of two years working experience in the same field.
- Minimum income starting $750 for residents and $2000 for non residents.
- Monthly payments should not exceed 1/3 of salary / Income

Amount Min. $25,000 - No limitation on maximum amounts

Interest Rate Reduced and highly competitive interest rate as low as 5.68% (as of 27.Aug.09)

Repayment Period Minimum 7 years maximum 15 Years

Distinctive Feature -A Financing Level up to:
70% For Finished Apartments , can reach 75% in prime locations
50% For House Construction.
- Doctors can get a financing level up to 80% for finished apartments.
- 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.
- Grace period up to 6 months
- Zero file fees
- Pre-approved Free Credit Card for the first year for every approved Housing Loan limit max $5,000.

Guarantees - First mortgage on the apartment
- Life insurance for the applicant
- Fire insurance on the apartment

Check Libor rates and Treasury Bills rates in our daily market watch.
(**)The Bank reserves itself the right to request any additional guarantees when necessary.