Self-building financing provides financing opportunities for those who have land and want to build their home according to their desire, through mortgage financing in installments through the financing entities participating in the program.
The most important features of self-build financing:
- Receiving the financing amount in installments according to the stages of completion.
- Construction period according to the financing entity's policy with a maximum of 36 months.
- Reduced installment during the construction period in some financing entities.
- Financial support provided to the beneficiary based on his net income, and the support is disbursed to the beneficiary on a monthly basis according to the updated support matrix, which contributes to enabling the beneficiary to own the appropriate housing.
How to apply for the product
- Register for Real Estate Advisor
- Review lender recommendations
- Contact the lender
- Start the financing process
- Sign contract
- Evaluate the trial
