An advantageous and suitable loan
Financing up to LBP 500,000,000:
-Finished house: up to 75% of the price, including file fees
-Under construction house: up to 60.5% of the value, including file fees
Minimum down payment:
-Finished house: 25% of the price for residents and 40% for expatriates
-Under construction house: 40% of the value
Variable interest rate, revisable every 6 months on 31/03 and 30/09 of each year, and linked to BRR (Beirut Reference Rate): BRR + 5% with a minimum of 16%
Flexible repayment period from 10 years and up to 30 years for residents and 20 years for expatriates
- Life insurance program that covers the remaining repayment amount in case of death, total or permanent disability
- Multi-risk residence insurance
- File fees: 0.5% of the loan amount with a minimum of LBP 750,000
- Every Lebanese or foreigner, resident or non-resident, with a stable income and 1 year of experience in the same business field, can benefit from Sogehome Lebneneh
APR (Annual Percentage Rate) = 20.81% for financing a LBP 218,000,000 apartment with a 25% down payment (LBP 55,000,000). The loan amount of LBP 163,815,000 is reimbursed to the bank over a 17-year period.
APR includes interest, mortgage and mortgage release fees, file fees including expert fees and life insurance for a 39 year old person.
Rates and conditions are applicable on 24/01/2019. Final terms are mentioned in the loan offer upon contract signature