Are you planning to buy a new house?

You can now benefit of an "Iskan" Housing Loan with Bank of Beirut s.a.l. and the Public Corporation for Housing (PCH) at a very low interest rate.

• You must be a Lebanese citizen for at least 10 years and a resident of Lebanon.
  
• Your age should be at least 21 and be able to settle 3/4 of the loan before 64.
  
• Your total monthly income, including your spouse’s income should be at least LBP 600,000 and should not
  exceed 10 times the Minimum Wage (currently 300,000 x 10 = LBP 3 Million).
  
• You must not be an already homeowner the location of which is 25 km from your work address.
  

What are the terms of the loan?

• First degree mortgage over property in favor of the Bank.
  
• Assignment to the Bank of a Life and Disability Insurance policy and a Fire Insurance Policy for the entire duration of the loan.
  

What are the advantages?

You will be exempt from the following:

• All related fees to the real estate guarantees.
  
• Home registration fees.
  
• Fiscal stamps on all legal documents.
  
• Interest rate varies every 2 years according to the Lebanese Treasury Bills.
  
  
  
  

The Bank shall have the right at its own discretion to modify, suspend or terminate the loan without any prior notice.