[ad_1]
Dwelling mortgage directions
March 15, 2021
Given the success of the initiative of the Central Financial institution of Iraq to revitalize the housing sector and for the aim of overcoming difficulties and eradicating obstacles that stand in the way in which of the (1) trillion dinars initiative, and to facilitate procedures for banks within the strategy of granting loans for the housing sector.
I obtained the approval of this financial institution to: –
1- The chance of granting housing loans to banks that request this, offered that the statements and lists of the names of the debtors are submitted inside a interval not exceeding two months from the date of granting, in any other case no financing is granted sooner or later till the financial institution offers us with what’s required with the statements and lists of granting debtors. With the imposition of a superb of (1%) and curiosity (5%) primarily based on our Round No. (2553/5/6) on 12/29/2020 concerning the unified controls of the (1) trillion dinars initiative to finance massive, medium and small initiatives.
2- The financing interval shall be inside a most restrict of (15) years or in keeping with the client’s need, offered that it’s not lower than (5) years at the least.
https://cbi.iq/information/view/1676
[ad_2]
Source link
