Home Financing Combined with the Convenience of Savings-Based Financing at Emlak Katılım!

Purchasing a home with a value exceeding the allocation amount provided by Emlak Katılım Savings Financing Company is now possible through the Savings Financing Company Supplementary Home Financing product.

Savings Financing Company Supplementary Home Financing is a home financing product offered to customers who have a housing agreement with Emlak Katılım Savings Financing Company and wish to purchase a home with a value higher than their allocated amount. The product provides financing for the remaining amount needed to complete the purchase. 

The allocation amount determined at the time of signing an agreement with a savings financing company cannot be changed during the contract period. If the allocated amount is insufficient for the desired home purchase, or if a customer wishes to purchase a higher-value property, the existing agreement must be terminated and a new agreement must be signed. This process results in a minimum waiting period of five months.

As Emlak Katılım Bank, we provide financing support through our Savings Financing Company Supplementary Home Financing product to customers who have signed a housing agreement with Emlak Katılım Savings Financing Company and require additional funds during the allocation period.

Features and Benefits of Supplementary Home Financing:

• Savings Financing Company Supplementary Home Financing is a home financing product that may be extended to individual customers in accordance with the housing financing regulations and limitations established by the BRSA.
• Home financing is provided exclusively in Turkish Lira (TRY).
• Financing terms are available for up to 120 months.  
• Financing is provided to customers who meet the Bank’s financing allocation policies and approval criteria.
• A first-degree mortgage is established on the property subject to the financing, and the property serves as collateral for the financing.
• Following the extension of financing by the Bank and the payment to the seller, and after the first-degree mortgage has been established, a second-degree mortgage is additionally established by Emlak Katılım Tasarruf Finansman A.Ş.
• Payments to the seller are made separately by the Bank and the Savings Financing Company in proportion to the amounts for which each party is responsible.

For detailed information and applications, please visit the nearest branch.

https://www.emlakkatilim.com.tr/en/our-branches