Real Estate Finance Loan


  • Monthly payment up to 40% of the borrower's income.
  • Finance available for both residential
  • commercial properties
  • No salary transfer required
  • Minimum age at the time of applying is 21 years, and maximum age is 65 years at the end of finance term.
  • Possible accelerated repayment throughout the contractual tenure.
  • Diverse variety of developments, projects and units offered to clients for selection of preferred unit
  • Fixed monthly installments.
  • Facilitated processes and procedures through quick acquisition of required documents and paperwork.
  • Our Products.

    1-    RESIDENTIAL UNITS FINANCING

    Product Benefits

    1. Maximum loan to value 80%(LTV)
    2. Maximum repayment period 20 years
    3. Transparent transactions and no hidden fees
    4. Speedy procedures and hassle-free documentation requirements

    Requisites for application for Residential Financing:

    1-    Valid Identification Card.

    2-    Approved and recognized HR letterform current employer.

    3-    For private business owners, required proof of income is determined upon examining each case in details.

    4-    Bank statement for the last 6 months.

    Required information on each unit;

    1-    Registered and eligible proof of ownership

    2-    Official building license.

    3-    Real estate action certificate.

    4-    Audited real estate tax report.

    Required information for units in new developments/Cities.

    1-    Land allocation Letter.

    2-    Land receipt report

    3-    Building licenses

    4-    Current financial position

    5-    City council approval on the mortgage

    2-    Retail and Commercial Unit Financing

    Product Benefits

    1. Maximum loan to value 70%
    2. Maximum repayment period 10 years
    3. Transparent transactions and no hidden fees
    4. Speedy procedures and hassle-free documentation requirements

    Requisites for application for Residential Financing:

    1-    Valid Identification Card.

    2-    Approved and recognized HR letterform current employer.

    3-    For private business owners, required proof of income is determined upon examining each case in details.

    4-    Bank statement for the last 6 months.

    Required information on each unit;

    1-    Registered and eligible proof of ownership

    2-    Official building license.

    3-    Real estate action certificate.

    4-    Audited real estate tax report.

    Required information for units in new developments/Cities.

    1-    Land allocation Letter.

    2-    Land receipt report

    3-    Building licenses

    4-    Current financial position

    5-    City council approval on the mortgage

     

     

    3-    Financing for Egyptians Working Abroad

    Product Benefits

    1. Maximum loan to value 80%
    2. Maximum repayment period 20 years
    3. Transparent transactions and no hidden fees
    4. Speedy procedures and hassle-free documentation requirements

    Requisites for application for Residential Financing:

    1-    Valid Identification Card.

    2-    Approved and recognized letter of current employment confirming income from either the Egyptian Consulate or Embassy abroad or an approved work contract recognized and certified by the ministry of Foreign Affairs in Egypt.

    Required information on each unit;

    1-    Registered and eligible proof of ownership

    2-    Official building license.

    3-    Real estate action certificate.

    4-    Audited real estate tax report.

    Required information for units in new developments/Cities.

    1-    Land allocation Letter.

    2-    Land receipt report

    3-    Building licenses

    4-    Current financial position

    5-    City council approval on the mortgage

    4-    Financing for Construction and Finishing Projects

    Product Benefits

    1. Maximum loan to value 70%
    2. Maximum repayment period 10 years
    3. Transparent transactions and no hidden fees
    4. Speedy procedures and hassle-free documentation requirements

    Requisites for application for Residential Financing:

    1-    Valid Identification Card.

    2-    Approved and recognized HR letterform current employer.

    3-    For private business owners, required proof of income is determined upon examining each case in details.

    4-    Bank statement for the last 6 months.

    Required information on contracting company;

    1-    Tax Card

    2-    Commercial Registration

    3-    Valid rating / classification from the contractors Union. Classification must have been renewed in the last 3 years.

    4-    Portfolio of previous contracting projects.

    5-    Proposed financial cost estimate and time plan for completion of the project in question.

    6-    Contractual assignment of a property consultant to supervise the contracting company responsible for completing the project.

    Required information for units in new developments/Cities.

    1-    Clearly defined geographical location of the unit (governorates/ new cities).

    2-    Registered and eligible proof of ownership.

    3-    Official building license.

    4-    Real estate action certificate.

    5-    Audited real estate tax report.

    For more info please contact us at


    real-estate@eal-bank.com