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Construction and Housing launches new home loans Ptalimadtha early next month
Sunday, 15 December / 2 January 2012 11:26
{Baghdad} Euphrates News announced the Ministry of Construction and Housing Fund loans for the launch of new housing Ptalimadtha the beginning of next February.
The Minister of Construction and Housing Mohamed Darraji, according to a ministry statement received by {Euphrates News} a copy of it on Saturday that "the Housing Fund will begin accepting applications for citizens who wish to obtain the loan early February next according to the instructions and specific conditions," explaining that "These conditions include the inclusion of All Iraqi citizens, residents of the loan except for the Kurdistan region of Iraq. "
For the conditions to be provided in covered, explained, "must be the beneficiary Iraqis have completed the {18} years of age and up to {65} years, and has a beneficial piece of residential land on the face of independence or promiscuous cover the value of the loan amount covered by the requirement that not less than the amount of land for {100} m 2 and that the construction area for not less than {65} m 2. "
The Minister added that "among the conditions also provide the beneficiary sponsor guarantor {civil servant is installed on the permanent staffing} covers half of his monthly amount of the monthly premium impact owed by the borrower were identified ceilings lending to {35} million maximum for the province of Baghdad, and {30} million dinars, up to a maximum of the Centre for the provinces and districts, counties, and to assume the borrower Downloads administrative fees of $ 2% of the loan and taken a one-time payment when the first batch. "
He Darraji, said, "There are two stages of loan disbursement and the beneficiary to choose one of them. The first method has to spend 50% of the loan amount after the end of the stage of roofing and 50% discharged after ending the stage finishes, and the way in second list exchange 30% of the loan amount at the completion of the beneficiary Albadlo stage and 40% at the disposal of the beneficiary complete the roofing stage and 30% upon completion of the disposal of the beneficiary finishes the stage. "
The minister stressed that "the interest-free loan and retrieve within {15} years for the first time will be working form is an electronic, as is the case with the forms for passports and leave the market as well as the adoption of the method to guess the value of the property by committees speculative you estimate the value of the property in addition to putting a loan fund to secure collective the lives of borrowers. "
He pointed out that "The new law ensures participation in the financing of investment companies wishing to build housing complexes to be less than the participation rate of 50% of the cost of the project and that the payment is made after the completion rate of 25% of the stages of the project provided that these projects housing exclusively and implemented by companies and has a solid work similar in construction of housing complexes and that these companies are registered or his representative in Iraq. "ended. m
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Sunday, 15 December / 2 January 2012 11:26
{Baghdad} Euphrates News announced the Ministry of Construction and Housing Fund loans for the launch of new housing Ptalimadtha the beginning of next February.
The Minister of Construction and Housing Mohamed Darraji, according to a ministry statement received by {Euphrates News} a copy of it on Saturday that "the Housing Fund will begin accepting applications for citizens who wish to obtain the loan early February next according to the instructions and specific conditions," explaining that "These conditions include the inclusion of All Iraqi citizens, residents of the loan except for the Kurdistan region of Iraq. "
For the conditions to be provided in covered, explained, "must be the beneficiary Iraqis have completed the {18} years of age and up to {65} years, and has a beneficial piece of residential land on the face of independence or promiscuous cover the value of the loan amount covered by the requirement that not less than the amount of land for {100} m 2 and that the construction area for not less than {65} m 2. "
The Minister added that "among the conditions also provide the beneficiary sponsor guarantor {civil servant is installed on the permanent staffing} covers half of his monthly amount of the monthly premium impact owed by the borrower were identified ceilings lending to {35} million maximum for the province of Baghdad, and {30} million dinars, up to a maximum of the Centre for the provinces and districts, counties, and to assume the borrower Downloads administrative fees of $ 2% of the loan and taken a one-time payment when the first batch. "
He Darraji, said, "There are two stages of loan disbursement and the beneficiary to choose one of them. The first method has to spend 50% of the loan amount after the end of the stage of roofing and 50% discharged after ending the stage finishes, and the way in second list exchange 30% of the loan amount at the completion of the beneficiary Albadlo stage and 40% at the disposal of the beneficiary complete the roofing stage and 30% upon completion of the disposal of the beneficiary finishes the stage. "
The minister stressed that "the interest-free loan and retrieve within {15} years for the first time will be working form is an electronic, as is the case with the forms for passports and leave the market as well as the adoption of the method to guess the value of the property by committees speculative you estimate the value of the property in addition to putting a loan fund to secure collective the lives of borrowers. "
He pointed out that "The new law ensures participation in the financing of investment companies wishing to build housing complexes to be less than the participation rate of 50% of the cost of the project and that the payment is made after the completion rate of 25% of the stages of the project provided that these projects housing exclusively and implemented by companies and has a solid work similar in construction of housing complexes and that these companies are registered or his representative in Iraq. "ended. m
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