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Individual mortgages against savings

Certificatesof deposit, deposits, or savings accounts

 

Benefits

• Repayment can be extended for up to 180 months.

• The financing amount is equivalent to 100% of the unit's value, factoring in the credit ratio for each savings account.

• Offers a competitive interest rate.

• Financing can go as high as 50 million EGP.

• Minimal administrative fees for the loan (collected upon loan disbursement).

 

Client's Required Documents

• A photocopy of a valid national identification card for Egyptian citizens (or a valid passport for non-Egyptians).

 

Unit's Required Documents

• The seller's title deed.

• Building permit or Form 10 for accepting reconciliation for any violations.

• Any additional documents necessary for the legal research process.

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