An immediate loan formula for any real estate project use their own occupation.
Product Characteristics :
Conditions for eligibility :
Investment on land or home legitible to a private or public person.
Purpose :
- Main housing
- Secondary or retirement house
Eligible persons :
- Salaried individuals
- Individuals practicing a professional occupation
Duration :
25 à 300 months depending on the borrowing power
Interest rate :
5,031% HT, or 6% TTC.
Grace period :
From 1 to 24 months
Minimum deposit :
10% of project cost depending on the borrower power.
Amount:
Up to 150 000 000 FCFA depending on the borrower power.
Means of re-imbursment :
- Payment Order from the bank
- Payment Order from the employee
Payment Order from the employee :
- Land purchase
- Land purchase + Construction
- Construction of accommodation
- Acquiring of accommodation
- Acquiring of accommodation + works
Garanties :
- First mortgage on the land certificate after division
- Life and Incapacity insurance
- Fire insurance
