Housing Loan

Housing Loan

PHE Housing Loan:

In collaboration with the Public Housing Establishment (PHE), Lebanese Swiss Bank offers a housing program:

Features:

Maximum Loan amount LBP 270 million.

Repayment period of 7 to 30 years, split evenly between the bank and the PCH.

Financing of up to 100% of the property value, 10% of which will be blocked at the bank in the name of the PCH.

Interest rate fixed and reviewed every 2 years, calculated as follows: 20% of the 2 years Treasury Bill in LBP +3.5%.

First Mortgage of the property is mortgaged as collateral.

Conditions

Must be less than 64 years old by the end of the loan period.

Proof of employment for at least 2 years or for self-employment with sufficient confirmed income.

Household monthly income should not exceed LBP 5 million.

Monthly payment shouldn’t exceed 33% of the monthly income for employees and 25% for self employed.

Life and disability insurance.

Fire insurance.

No file fees.

BDL Housing Loan:

In collaboration with Banque Du Liban (BDL), Lebanese Swiss Bank offers a housing program.

Features:

No maximum Loan amount.

Repayment period of 15 years in addition to a grace period that can vary from 6 months to 4 years.

Financing of up to 80% of the property value on a case by case.

Interest rate fixed 4% for the first 2 years, than calculated as follows: 40% of the 1 year Treasury Bill in LBP +3%.