Latest topics
Home loan instructions
3 posters
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Home loan instructions
Home loan instructions
March 15, 2021
Given the success of the initiative of the Central Bank of Iraq to revitalize the housing sector and for the purpose of overcoming difficulties and removing obstacles that stand in the way of the (1) trillion dinars initiative, and to facilitate procedures for banks in the process of granting loans for the housing sector.
I obtained the approval of this bank to: -
1- The possibility of granting housing loans to banks that request this, provided that the statements and lists of the names of the borrowers are submitted within a period not exceeding two months from the date of granting, otherwise no financing is granted in the future until the bank provides us with what is required with the statements and lists of granting borrowers. With the imposition of a fine of (1%) and interest (5%) based on our Circular No. (2553/5/6) on 12/29/2020 regarding the unified controls of the (1) trillion dinars initiative to finance large, medium and small projects.
2- The financing period shall be within a maximum limit of (15) years or according to the customer's desire, provided that it is not less than (5) years as a minimum.
https://cbi.iq/news/view/1676
claud39- Elite Member
- Posts : 18423
Join date : 2018-11-04
Re: Home loan instructions
Is this instruction appropriate in all situations?
salihajeff- New Member
- Posts : 2
Join date : 2022-06-01
Re: Home loan instructions
I agree that the term of a mortgage loan should always be within the maximum term. If you can pay off your mortgage on your home sooner than 15 years, that's better for you. I guess your instruction is helpful for people who don't know anything about credit at all. This instruction may be suitable only for people far away from financial matters. Right now, I'm more familiar with the subject of mortgages. But a few years ago, I turned to Mortgage Advisor Leicester because I didn't know what to do. Thanks to conversations with this professional and his advice, I know everything important to know for borrowers. I know my rights and responsibilities to the bank and the state.
gaykirkham- New Member
- Posts : 1
Join date : 2022-06-02
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Fri May 10, 2024 5:03 pm by kenlej
» Go Russia
Sun May 05, 2024 11:37 am by kenlej
» Go Russia
Sun May 05, 2024 10:51 am by kenlej
» Textbook Tony
Mon Apr 29, 2024 4:13 pm by Mission1st
» The Rockefellers and the controllers are freaking out right about now
Fri Apr 26, 2024 11:16 am by kenlej
» Phony Tony sez: Full Steam Ahead!
Sat Apr 13, 2024 11:51 am by Mission1st
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Apr 13, 2024 11:45 am by Mission1st
» Russia aren't taking any prisoners
Fri Apr 05, 2024 6:48 pm by kenlej
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Wed Mar 27, 2024 6:02 am by Ditartyn
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej