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Account Name

EHFC
(0 Rate)

Residential program for employee

Product Rate

(0 Rate)

Benefits

- Short turn around time - Competitive interest rate fixed & variable

Overview

- Purchase a new unit and pay comfortable, easy installments for up to 15 years. - Move into your new home right away! - A home brings you with your loved and ones holds warmly all your beautiful moments. Buying, changing or upgrading a home is definitely a big decision in your life. EHFC is the perfect answer to your quest. Whether registered units, or to be registered, new urban communities and cities , ours experts will give you the choice between two solutions tailored to suit your financial preferences and income situation.

Details

• Finance up to 80% of the value of residential units • Finance up to 15 years • Maximum loan amount EGP 10,000,000 • EHFC can accept 1st degree partner for an extra income • Competitive interest rate fixed & variable • EHFC can finance registered units, eligible ones for registration, new urban communities/ cities located in: Greater Cairo, such as (New Cairo City /6th of October City), and all over governorates in Egypt including Ein El Sokhna, North Coast etc…

Eligibility

• Resident Egyptians • Non Resident Egyptians • Resident Foreigners

Documents

-Copy of ID (valid) -Recent personal photo -Recent utility bill (Water, Gas, Electricity Bill) for current residence -Any additional source of income ( residential unit rental contract, investment certificates, deposits etc.) -Copy of rental contract if there is a rented residence *For employee working in Egypt: -HR letter addressed to Egyptian Housing Finance Company (Original, Signed , Stamped and dated/valid for 3 months) stating the net monthly income, job title and date of appointment -Personal bank statement for the last 6 months (Salaried or not) * For egyptians working abroad: - -Copy of passport -Copy of residence permit -HR letter(Stamped from Egypt embassy and authentiacted from Ministry of foreign affairs ) -Copy of work contract -Salary transfer account statement for the last 6 months -Copy of unit documents

Currency

EGP

Fees

Application Fees: 350 EGP

One Time Fees: %1.5

Monthly Fees: --- EGP

Annule Fees: --- EGP

Interest Rate

25 %

Interest Type

Declining Rate

Mortgage Type

Residential

Min Tenure

12 Month

Max Tenure

180 Month

Min Amount

100,000 EGP

Max Amount

10,000,000 EGP

Max Amount To Home Value

80 %

Max Amount To Annual Income

1 Times

Max Installment To Net Monthly Income

40 %

Min Age

21 Years

Max Age

65 Years

Min Net Monthly Income

5,000 EGP

Employment Status

Salaried

Business Type

Doctor Engineering Consultant Accountant Other

Employer Type

Multinational Local Private Public Sector Government

Processing Time

10 Days