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Call Us
+(252) 611 38 2020
Write to us
info@bbbank.so
Work Time
Sat-Thurs 8:00 AM - 5:00 PM
Thurs 8:00 AM - 4:00 PM
Properties Finance
- Account Information
- Key benefits and features
- Requirements
Real estate finance can be used by property owners to optimize their balance sheets, as well as by REITs and other real estate businesses to acquire
- Repayment period of up to 3 years for a personal mortgage
- Repayment period of up to 5 years for a business mortgage
- Minimum deposit of 40%
- Financing limits at 60%
- Sharia Contract: Diminishing Musharaka
- Filled Facility application form
- Sale agreements or invoice
- Irrevocable salary assignment instructions from employer
- Three most recent months' pay slips from employer
- Employment Letter clearly stipulating the terms of engagement
- 12 months' certified bank statements
- Company profile (overview)
- Certificate of registration (CR) for business
- 3 years audited accounts for businesses
- Director's joint and several guarantees for businesses
- Flexible security i.e., logbook or title deed.