Lincom Real Estate

Mortgage Law in Egypt

Mortgage Law in Egypt

Registration of a property is a major obstacle confronting the real estate finance activity, even though it is essential to get a real estate financing service. Most properties in Egypt are not registered, hence came the delay in the enforcement of real estate finance law. Lincom Real Estate helps the clients and presents everything they need from inquiries or procedures regarding the mortgage.

 

Terms to be Eligible for Real Estate Finance

  • 21 years of age.
  • Have a steady and proven income.
  • Maximum monthly installment should not exceed 35% of the gross proven income.
  • Applying with the intent of purchasing, build or improving a home.
  • The Egyptian finance organizations can fund up to 75% of the property value.
  • You will pay of your installments through a set monthly amount up to 5 years for non resident.
  • The company holds the right to ask for any further terms or guarantees to accept the case.
  • The property must be registered or able to be registered.
  • The Egyptian finance organizations legal team study the documents to guarantee your ownership.
  • You may present your documentations and requests directly to the company or through a MFA certified agent.
  • Your request must meet all credit criteria in order to be fund.

As the platform real estate investment search site, Lincom Real Estate Jsc. is a fully integrated real estate investment, recognized in Egypt by industry leaders as the leading real estate network in Egypt known for providing the fastest and best services for those who are interested in Real Estate investment projects and property services. Our extensive list of investment opportunities and properties including apartment, villa, plot of land, building, hotel or new development for sale enables you to search and browse unique properties from across Hurghada, El Gouna, Sahl Hasheesh, Marsa Alam, Sharm El Sheikh, Red Sea Coast, Luxor, Aswan, Cairo, Alexandria and all over Egypt.

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