Housing Finance Program

When you dream.. dream big

Moving forward is always a key goal in our lives. Thus, if it is part of your plan to upgrade your home and getting a new one, always dream of a bigger home! Choose the apartment or villa that suits your lifestyle and Crédit Agricole will finance it for you through our Housing Finance Program

Features & Benefits:

Competitive interest rate
Financing up to 80% of the unit value
Loan amount up to EGP 10 million
Flexible repayment duration from 1 year up to 15 years
Possibility to include additional income sources
Possibility of co-borrowing with 1^strelative degree or 2^nd relative degree income to increase the loan amount
Life and property insurance benefits
Our legal experts will support you with the ownership documents verification, registration process, ownership transfer of the unit and the documentation
Appraising unit to asses price
Fast processes

General Terms & Conditions:

Age	Minimum age is 21 years old and maximum age 60 for employed customers and 65 for self-employed customers(at loan maturity)
Monthly Income	Minimum EGP 4,000
Type of Employment	Employed (salary transferred to CAE) Employed (salary transferred to another bank) Self Employed Professionals (Doctors, Pharmacists etc…)
Monthly Instalment	Up to 40% of your net monthly income

Unit Eligibility:

Unit Type	Residential fully constructed units
Unit Registration Status	Registered units, eligible for registration units and allocated units
Unit location	Units in existing cities, new urban communities and compounds

THE REQUIRED DOCUMENTS:

Personal Documents

Valid ID
Utility Bill (issuance date to be within 3 months from application date)

Income Documents

Profession	Income document
Egyptian Employed	HR letter (dated, stamped, signed, showing net or gross income) Bank statement for the past six months showing salary transfer
Foreigner Salaried	HR letter (dated, stamped, signed, showing net or gross income) Bank statement for the past six month showing salary transfer Valid residency/work permit
Egyptian Self-Employed	Company contract/article of association Commercial register (issuing date within 3 months) Taxation card Audited financials for the last 3 years Personal or corporate bank statement for the past 12 months (stamped and signed) Last year’s company income statement
Egyptian Professional	Personal or corporate bank statement for the past 12 months (stamped and signed) Taxation card Profession certificate Egyptian association syndicate card + clinic license (for doctors)

Unit Document

Unit Registration Status	Unit Documents
Registered Unit (Existing cities / new urban communities)	Copy of registered title contract (from seller) Copy of real estate certified status Copy of seller valid ID
Eligible for Registration (Existing Cities / new urban communities)	Copy of certified building license Copy of construction design for first and repeated floors Copy of real estate certified status Primary contract Certified statement stating unit share in land Copy of seller valid ID
New Urban Communities	Land designation decision or unit contract Land receiving report Building license for the unit Recent financial position from the new city authority Copy of seller valid ID
Compound	Ministerial decision or unit contract Land receiving report Copy of certified building license Copy of commercial registration of the developer Recent financial position from new city authority Primary contract between client and developer Approved site master plan Copy of seller valid ID

To know about the importance of real estate registration, addresses of real estate registration and documentation headquarters, and addresses of postal outlets click here

For more information:

Visit your nearest branch
Please contact us on 19191

Terms and conditions apply