Housing Loan with the Public Housing Establishment

 What is it?

• Fransabank’s Housing loan in collaboration with the Public Housing Establishment is a loan in LBP tailored especially to customers who want to buy a new house or renovate or expand their home construction.   

What will you get?

• High loan amount that can reach up to LBP 180 million
• High financing amount up to 90% of the apartment’s value
• Flexible repayment period up 30 years
• Low monthly payments that can reach up to 33% of your monthly income
• Free credit card

How will you repay it?

• During the first period, you should settle the principal amount of the loan to Fransabank and PHE settles interest on your behalf (monthly bill should not exceed 33% of your monthly income)
• During the second period, you reimburse the interest to PHE
  
  

How can you get it?

• You should be of Lebanese nationality for over 10 years
• Your family income must not exceed LBP 5,000,000
• Your residence should not be located within 25 km of work place
• You should settle 75% of the loan amount (principal + interest) before attaining 64 years of age
• Guarantees:

1. Mortgage, senior debt of the apartment in favor of Fransabank & EPH
2. Life Insurance policy
3. Fire Insurance policy covering the apartment