An immediate loan formula for any real estate project use their own occupation.
Product Characteristics :
Conditions for eligibility :
- Land purchase with a cost/ m² is ≤ FCFA 10 000 with a maximum of 300 m², without charges.
- Building houses with a cost of building/m² is ≤ FCFA 100 000 ;
- Acquiring houses with a purchase price/m² is ≤ FCFA 200 000.
Purpose :
- Main housing
- Secondary or retirement house
Eligible persons :
Salaried individuals
Duration :
25 to 300 months depending on the borrowing power
Interest rate :
4,193% HT, or 5% TTC
Grace period :
From 1 to18 months.
Minimum deposit :
10% of project cost depending on the borrower power.
Amount :
Up to 30 000 000 CFAF depending on the borrower power.
Means of re-imbursement :
- Payment Order from the bank
- Payment Order from the employee
Opérations éligibles :
- Land purchase
- Land purchase + Construction
- Construction of accommodation
- Acquisition of accommodation
- Acquisition of accommodation +completion works
- Upgrading and finishing of accommodation
- Mortgage refinancing loan
- Mortgage refinancing loan + completion works
Garanties :
- First mortgage
- Life and Incapacity insurance
- Fire insurance In case of amelioration of a home for an amount less than 8 000 000 FCFA and for a maximum duration of 3 years CFC requires a land certificate free of mortgage, but a guarantee from a notary authority