QNB

Mortgage Finance Surrogate Loan for Purchasing & Refurbishment Residential Units

Mortgage Finance program tailored for Top-Notch individual clients seeking to purchase and/or refurbish residential units within compounds, including apartments, villas, and summer houses, through surrogate income assessment approach (imputed income). 

Benefits:

  • Simple & Fast approval cycle as no income proof documents are required
  • Enjoy competitive interest rate
  • Financing up to 65% of unit value in case of purchasing.
  • Financing up to 50% of unit value or 80% of price quotation whichever is less in case of refurbishment. 
  • Make use of QNB legal expertise to ensure the accuracy of the unit legal documents.
  • Freedom to choose between Fixed or Floating interest rate models.
  • Life and property insurance coverage throughout the loan duration.
  • Benefit from evaluating financed unit by accredited appraisers.

Features:

  • Available for Egyptian residents in Egypt only.
  • Available for Self-employed clients, Professionals and Employed without salary transfers
  • Minimum age is 27 years and the maximum age is 60 years for employed and 65 years for self-employed at loan maturity.
  • Loan amount could reach up to EGP 15 Mio in case of purchasing  and up to EGP 7 mio in case of refurbishment
  • Loan duration starts from 2 years and reaches up to 15 years in case of purchasing  and up to 7 years in case of refurbishment

Terms and conditions apply
Apply Now

For more information, please call 19700 or visit nearest branch

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