Properties Finance

BB Bank > Properties Finance

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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.