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FAQS
Which insurance plans are required for the Home Loan?
The life and fire insurances are obligatory for all Home Loan types.
What are the Home Loan types?
- Subsidized Home Loans: Home Loan in LBP subsidized by the Central Bank (BDL) for residents and non-residents and the Home Loan through the Public Corporation for Housing (PCH)
- Non-subsidized Home Loans: Bank Audi Home Loan in USD
Should the client settle the file fees upon the Home Loan request or upon its execution?
The file fees should be settled upon the Home Loan execution.
Is there a grace period? Does the client need to pay any installment during the grace period?
- Yes, there is a 6-month grace period only for the Home Loan subsidized by the Central Bank (BDL)
- The interest is calculated from day one, but the client doesn’t have to pay anything during the grace period
Is the Home Loan interest rate fixed or variable?
There is no fixed interest rate on the Home Loan; it changes every year except for the Home Loan through the Public Corporation for Housing (PCH) which changes every 2 years.
Is life insurance settled monthly, yearly or is it included in the Home Loan?
All 3 options are possible.
Is fire insurance included in the Home Loan or is it paid separately?
It is paid on a yearly basis and is not included in the loan.
In which currency and for which period can clients get the Home Loan?
The Home Loan is available in LBP and USD over a maximum period of 30 years.
How much interest will the customer have to pay with the Home Loan?
| Home Loan Type | Interest Rates |
| Home Loan subsidized by the Central Bank (BDL) in LBP | 40% of 1 year TB + 3.3% |
| Home Loan in USD | COF + 3.5% all over the loan period |
| Home Loan offered through the Public Corporation for Housing (PCH) | 20% of 2 years TB + 3.9% |
How much does the life insurance cost and what does it cover?
It depends on the person’s age, the Home Loan period and amount. The plan covers natural and accidental death, as well as total and partial disability.
Does the client have to settle the real estate fees upon the Home Loan request or upon its execution?
The real estate fees should be settled upon the Home Loan execution.
Can the client settle a payment (partially or totally) before loan maturity?
Yes.
Are there any real estate fees?
Yes, there is a USD 250 real estate fee for almost all Home Loan types, except for the Home Loan through the Public Corporation for Housing (PCH).
Are there any penalty fees for the early settlement of the Home Loan?
| Home Loan Type | Penalty Fees |
| Home Loan subsidized by the Central Bank ( BDL) in LBP | Yes, after 7 years = 0.5% of the remaining balance |
| Home Loan in USD | Yes, at any time = 1% of the remaining balance |
| Home Loan offered through the Public Corporation for Housing (PCH) | Not before 2 years = registration fees + interest rate |
Are there any Home Loan file fees to be settled?
| Home Loan Type | File Fees |
| Home Loan subsidized by the Central Bank (BDL) in LBP | No file fees |
| Home Loan in USD | USD 1,000 |
| Home Loan through the Public Corporation for Housing (PCH) | 1% of the net loan amount |
