BDL Housing Loan

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You are finally ready to make the big move. If you are buying your first home or moving to a new one, purchasing a home is indeed a lifetime investment that can also be a financial burden.

BBAC, in collaboration with Banque du Liban (BDL), under circular No. 475, offers you the BDL Housing Loan that will help lay a foundation of comfort and stability for you and your family in the house you desire.

Are you eligible for the BDL Housing Loan?
  • You must be Lebanese, residing in Lebanon or abroad
  • You must be between 24 and 69 years old at loan maturity
  • You must have at least 2 years of work experience
  • You must have a minimum monthly income of 1,000 USD if you are an employee, 2,000 USD if you are self-employed and 3,000 USD if you are residing abroad
  • You must be purchasing, constructing or renovating a house
What do you need to know about the Loan? 
  • Currency: Lebanese Pounds 
  • Financing Amount: up to 75% of the property's estimated value for Lebanese residents and 70% for Lebanese non-residents
  • Loan Amount: up to 1.2 billion LBP
  • Repayment Period: between 7 and 30 years
  • Grace Period: from 6 to 48 months
  • Interest Rate: BDL index – 4.72%, reviewed on a yearly basis
  • Opening File Fees: 0.5% of the loan amount (minimum 150 USD)
  • Expert Fees: 200 USD
What are the guarantees and conditions required for the Loan?
  • The monthly repayment should not exceed 35% of the family monthly income 
  • First degree mortgage on the house in favor of BBAC
  • Property and fire insurance policy on the house from an insurance company acceptable to BBAC
  • Life insurance policy covering death and permanent total disability from an insurance company acceptable to BBAC
  • Additional guarantees such as salary domiciliation and personal guarantee on a case by case basis
What is the next step?
You can apply for the BDL Housing Loan by visiting any BBAC branch, where customer service representatives are ready to provide assistance, or online.

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