100 Loan for House
How about purchasing your entire home on a home loan?
With 100% home loan, provide your existing home as collateral and get your new home with no down payment at all!
Scope: This loan is offered to provide the necessary financial support to those wanting to own a home. The product may be used in the purchase of real estate 70% of the construction of which has been completed, the necessary statutory approvals for which have been obtained and which have been registered as a dwelling (not to be used for commercial-professional purposes).
Collateral: In addition to a mortgage placed on the second home to be purchased, the existing first home is also mortgaged.
Insurance: Individual Accident Insurance + Home Insurance + Earthquake Damage Insurance (to be updated each year during the loan period for both mortgaged homes.)
Currency: the product is offered in YTL and as FX linked.
Finance ratio: Independent of the values of the homes to be mortgaged, loans up to the full sale value of the purchased home are provided.
Taxes: Within the framework of the Home Finance Act, unless you are using your property for professional â€" commercial purposes, all payments related to your loan will be exempted from BSMV tax and KKDF deductions.