yallacompare - The leading online comparison site for banking and insurance in dubai and the UAE
Home > Home Loans >
SGBL - Sogehome Lebneneh
Minimum Salary Salary Transfer Islamic Finance Maximum Term Flat Rate Reducing Rate
SGBL - Sogehome Lebneneh SGBL - Sogehome Lebneneh Minimum Salary: USD 0 Salary Transfer: Yes Early Settlement Fees: No Maximum Term: 20 Years Flat Rate: 4.0 Reducing Rate: 0.0
Apply Online Now
Fill in your details below and a product advisor will call you back with more details.
Some required information is not valid

Welcome, Home!

Do you wish to buy, build or renovate your home? SGBL offers you Sogehome Lebneneh, the housing loan in Lebanese pound that allows financing a primary or secondary residence, finished or under construction, as well as renovation projects.


An advantageous and suitable loan

  • Financing up to LBP 500,000,000:-

-Finished house: up to 75% of the price, including file fees

-Under construction house: up to 60.5% of the value, including file fees

  • Minimum down payment:
-Finished house: 25% of the price for residents and 40% for expatriates
-Under construction house: 40% of the value

  • Variable interest rate, revisable every 6 months on 31/03 and 30/09 of each year, and linked to BRR (Beirut Reference Rate): BRR + 4% with a minimum of 16%

  • Flexible repayment period from 10 years and up to 30 years for residents and 20 years for expatriates

Included Insurance

  • Life insurance program that covers the remaining repayment amount in case of death, total or permanent disability

  • Multi-risk residence insurance

More Info

  • File fees: 0.5% of the loan amount with a minimum of LBP 750,000
  • Every Lebanese or foreigner, resident or non-resident, with a stable income and 1 year of experience in the same business field, can benefit from Sogehome Lebneneh

    • APR (Annual Percentage Rate) = 16.52% for financing a LBP 218,000,000 apartment with a 25% down payment (LBP 55,000,000). The loan amount of LBP 163,815,000 is reimbursed to the bank over a 17-year period. 
    APR includes interest, mortgage and mortgage release fees, file fees including expert fees and life insurance for a 39-year-old person.
     

    Rates and conditions are applicable to 24/01/2019. Final terms are mentioned in the loan offer upon contract signature

    ** Calculator Definitions
    Amount: The total amount of money borrowed, also referred to as the principal amount.
    Rate (%): This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
    Years: This is the original term or length of the product, stated in years.
    Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
    Calculated Annual Percentage Rate (%): The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
    Representative Example Calculator