Many citizens are looking for the details of the National Bank for Real Estate Finance loan, in order to obtain a housing unit, which is for the category of low and middle income, and the conditions for obtaining the loan are as follows:
Conditions for obtaining a loan from the National Bank for Real Estate Finance:
- The applicant must be an Egyptian.
- Whereas, the permanent residence is in Egypt.
- He must not be less than 21 years old, and not more than 60 years old at the end of the financing period.
- be repayment period loan Up to 20 years and 30 years.
- As for the price of the housing unit to be financed, it is determined by the Housing Fund for Low Income.
- As for the monthly income of the applicant and his family, it is within the limits declared by the fund.
- The beneficiary must not have previously obtained an apartment within the real estate financing initiative or his wife.
- The applicant does not own any housing unit.
Documents required to obtain a mortgage loan:
- Submit a copy of the ID card.
- A certificate of enrollment and proof of income are presented.
- Attach a recent utility receipt, whether water, gas or electricity.
