Middle income Home Loan

The Central Bank of Egypt middle income
initiative for home financing at 8%


Overview

 

Own your dream home with exclusive advantages, secure the lowest interest rates and enjoy an extended repayment period with this home financing initiative offered from the Central Bank Of Egypt and FABMISR.

Things you should know
Egyptian Citizens only
OR
Salaried Customers

• Minimum age of 21 years old

• Minimum income of EGP 10,000

OR
Self-Employed and Profession Customers

• Minimum age of 25 years old

• Minimum income of EGP 15,000

OR
Individual/Single Customers (Salaried/Self-Employed & Free Profession)

Max Income : EGP 40,000

OR
Family/Married Customers (Salaried/Self-Employed & Free Profession)

EGP 50,000

OR
What people ask
What is the maximum unit price i can finance?
A. The maximum unit price which could be financed is EGP 2,500,000
What is the maximum loan to property value?
A. The maximum loan amount is EGP 2,000,000 equivalent to 80% of property value.
Can I finance more than one unit from CBE Mortgage initiatives?
A. Only one unit can be financed by using CBE mortgage initiatives.