| | | | | BBAC housing loan
For the single reason that everybody needs a roof to call home, BBAC housing loan is a simple scheme adapted to your specific payment capabilities to buy, construct or renovate a house.
Whether employed with at least two years working experience or self employed for minimum three years, you are entitled to benefit from this loan.
The loan amount starts with a minimum of 20,000 USD covering up to 75% of the value of residence.
The first 2 years interest rate is 4.5%, a low interest rate of Libor + 4.5 % for USD with a minimum of 6.5% is applicable from the third year until the loan’s expiration with a grace period of 12 month.
The loan duration varies between 7 and 20 years. The monthly settlement should not exceed 1/3 of the salary of employees and 1/4 of the revenue for self employed.
Applications are welcome at any BBAC branch and assessments are concluded in a short period.
For further information please contact us
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