Housing loan
Loan Amount
Up to USD 1,000,000
Loan Tenor
Maximum 20 years
Interest Rate
First year 8.5% Next years BRR +2% (Min 9%)*
Rate will be reviewed every year
File Fees
0.5% of loan amount/Minimum USD 250
Financing
Up to 75% of apartment purchase price or appraised value
Age
Minimum 25 years old and maximum 64 years old at loan maturity
Insurance
. Life insurance
. Fire insurance
TAPR 8.45%
As of January 2020, the BRR for LBP is 11.5%
Guarantees can be requested on case by case basis
* Terms and conditions apply