Housing Finance
Own Your Dream Home!
Own your dream home with long terms and tailored payment options. The property is bought by our Bank under participation-banking principles and sold to you over your chosen term.
Features
- Set repayments over terms that fit your budget.
- Finance up to 80% of the property’s appraisal value.
- You may be exempt from RUSF and BITT.
- Additional collateral may be requested if required.
(*) Appraisal is performed by CMB-licensed firms partnered with Emlak Katılım. Rates shown are limited to TRY 100,000; for higher amounts please apply at a branch.
Required Documents
Application form; copy of ID/driver’s license/passport; income document per employment status; copy of the property’s title deed; a recent utility bill if required; guarantor documents if required.
Joint Housing Finance
Joint Housing Finance lets you co-own a home with a friend, sibling, relative or spouse on a joint title deed and share the repayments.
Eco-Friendly Housing Finance
Available for homes with an Energy Performance Certificate of class A or B. A 2-point profit-share discount applies and a sapling is donated on your behalf via OGEM-VAK.
Housing Finance for Citizens Abroad
Housing finance for citizens residing abroad. In addition to the standard documents, an employer reference letter, a residence document / proof of address abroad and the last 3 months’ bank salary-account statement are requested. The loan amount is based on the combined appraisal value of the existing and to-be-purchased property; the loan-to-value ratio follows the Energy Performance Certificate and rating.
| Maximum Loan Amount Available for Residential Property Purchases and Housing-Secured Loans |
|---|
| RESIDENTIAL PROPERTY VALUE | Energy Class | ||
|---|---|---|---|
| A | B | OTHER | |
| PRICE <= 5 MILLION TL | PRICE x 90% | PRICE x 90% | PRICE x 70% |
| 5 MILLION TL < OTHER <= 7 MILLION TL | PRICE x 80% | PRICE x 70% | PRICE x 60% |
| 10 MILLION TL < PRICE <= 10 MILLION TL | PRICE x 70% | PRICE x 60% | PRICE x 50% |
| 10 MILLION TL < PRICE <= 20 MILLION TL | PRICE x 50% | PRICE x 40% | PRICE x 30% |
|
20 MILLION TL < PRICE |
PRICE x 40% | PRICE x 30% |
PRICE x 20% |