Iskan Housing Loan

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BBAC realizes that owning a home is an important part of establishing oneself, hence allowing people to set their roots for the future.

The Iskan Housing Loan from BBAC, in collaboration with the General Institute of Housing, facilitates this opportunity for first home owners, by offering competitive interest rates and flexible terms.

Are you eligible for the Iskan Housing Loan?
  • You must be Lebanese, residing in Lebanon 
  • You must have at least 2 years of work experience
  • You must have a maximum monthly income of 6,750,000 LBP
  • You must be purchasing your primary house
What do you need to know about the Loan? 
  • Currency: Lebanese Pounds
  • Financing Amount: up to 100% of the property estimated value
  • Loan Amount: up to 270 million LBP
  • Repayment Period: up to 30 years
  • Interest Rate: BDL index – 3.75% reviewed on a yearly basis
  • File Fees: 1% of the loan amount
  • Expert Fees: 150 USD
  • Benefits: exemption from house registration and mortgage fees
What are the guarantees and conditions required for the Loan?
  • The monthly repayment should not exceed 33.3% of the monthly income for employees and self-employed individuals
  • First degree mortgage on the house in favor of BBAC and the General Institute of Housing 
  • 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 Iskan Housing Loan by visiting any BBAC branch, where customer service representatives are ready to provide assistance, or online.  

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