Launching the online application for housing fund loans

[3n1]

thanks yota for all the loan / housing articles , someone must be working to get and keep a mortgage, i'm guessing not all of them work for the GOI ... all the best dv letsroll 

[yota691]

Mesopotamia identifies the branches covered in obtaining secured loans

 

Banks Economy News _ Baghdad The Rafidain Bank, its branches covered by the acquisition of loans for the purchase of housing units in the compound Basmaya housing in Baghdad.  The bank's information office said in a statement received by Al-Iktissad News, a copy of it that "the branches allocated for granting loans in Sumaya are (Bab Al-Sharqi, Al-Firdous, Al-Amin, Al-Mustansir, Al-Zahraa neighborhood.  He pointed out that "it has been observed recently that there is a great momentum for some of these branches in the submission to the housing unit Lbsmaim other branches are experiencing a modest demand."  The statement called on citizens not to focus on one branch or another in the application to the housing unit and that the branches identified are subject to the same conditions and controls in the grant process and do not differ from one branch to another.  He added that " Views 50   Date Added 26/07/2019

[yota691]

Seven billion dollars to solve the problem of slums in Iraq

Economy | 11:30 - 27/07/2019

 

 

 

BAGHDAD - Mawazine News 
revealed an Arab newspaper, Saturday, the need for Iraq to seven billion dollars to solve the problem of slums, indicating that the investment plan and the granting of investment licenses in the housing sector did not work. 
The newspaper quoted an official source as saying, "Mawazine News," that "the number of slum dwellers exceeded the barrier of three and a half million people," likely to "raise the number after a year or more to four million in the absence of any real treatments for this file" . 
The source added that "Baghdad suffers more than others, poverty and unemployment in the south and center are pushing people to come in search of work and housing in various slums on the outskirts of the capital and inside them in abandoned government buildings or empty yards are building mud rooms or stone or tin to live in.

He added that "the government needs at least 7 billion dollars to solve the problem of slums through the construction of residential complexes in a vertical construction of them, in the event that the cost of the housing unit at least is $ 30 thousand, which can not be saved now one payment" , Pointing out that "the investment plan and the granting of investment licenses in the housing sector did not work, many are worried about the situation in Iraq, security and even economically."

[yota691]

Construction announces the start of electronic submission of housing loans in Baghdad

Economie

2019-08-03 06:32

 

 

 

 

 

1,935 views

 

 

The Ministry of Construction and Housing announced on Saturday the start of electronic submission of housing loans in Baghdad.

The Ministry said in a statement issued by the official Iraqi news agency and was briefed by Alsumaria News, that "the work has begun electronic submission for housing fund loans in Baghdad as of 1/8/2019." 

The ministry added in its statement that "the start of electronic filing for loans to the Housing Fund in the provinces will be effective from 1/9/2019."

 

 

It is worth noting that Iraq suffers from a severe housing crisis due to the increase in its number compared to the number of compounds and housing units, in addition to the inability of citizens with limited income to build their own housing units due to the high cost of land and construction materials.

[yota691]

Announcement of the start of electronic application for housing loans in Baghdad

Editorial Date: 2019/8/3 14:29 • 403 times prescribed

[Baghdad-where] 
The Ministry of Construction and Housing announced on Saturday the start of electronic submission of housing loans in Baghdad. 

The ministry said in a press statement that "the work began to apply for electronic loans for housing fund in Baghdad as of 1/8/2019." 

The ministry added in its statement that "the start of electronic filing for loans to the Housing Fund in the provinces will be effective from 1/9/2019." 


It is worth noting that Iraq suffers from a severe housing crisis due to the increase in its number compared to the number of compounds and housing units, in addition to the inability of citizens with limited income to build their own housing units due to the high cost of land and construction materials.

[yota691]

Mesopotamia issues a statement on the reluctant citizens to repay their monthly installments of Basmaya loans

Date of edit:: 2019/8/17 9:19 • 275 times read

BAGHDAD: Al-Rafidain Bank on Saturday called on citizens to pay their late monthly installments of loans for housing units in Bismayah residential complex.

The bank's media office said in a statement received (Euphrates News) a copy of it, that "there are some reluctant citizens have defaulted on the monthly payments of installments due to loans Basmaya residential." 
He pointed out, "The bank has set a slogan that this year is the year of liquidation of debts and the recovery of its arrears due to its customers who are lagging and defaulting on their repayment of funds, especially those who lag behind the monthly installments of the Bismayah residential complex."

[yota691]

Rafidain issues clarification on loans of 100 million dinars

 

Rafidain Bank Logo

Banks Economy News - Baghdad Rafidain Bank announced on Monday that the granting of loans of 100 million dinars maximum to employees and 50 million citizens to buy housing units in residential investment projects in Baghdad and the provinces. "The investment companies wishing to market their housing units and complexes, support and finance them should visit the bank's general administration for the purpose of coordination and cooperation and provide the necessary support and activate the national economy in order to resolve the housing crisis," the bank's media office said in a statement seen by Al-Iqtisadiah. The statement added that "the bank will identify other names for residential complexes in Baghdad and the provinces for the purpose of informing the citizen of the apartments and in this light is granted loans to buy those units." Number of Views 89   added on 26/08/2019

[yota691]

Rafidain Bank determines who is covered by the 100 million loan for the purchase of housing units

 

Rafidain Bank Logo

Banks Economy News - Baghdad Rafidain Bank announced on Saturday, the residential investment complexes covered by loans of 100 million for the purchase of housing units. The bank's media office said in a press statement that "the bank has identified the names of residential investment complexes covered by granting loans of 100 million dinars to employees who prefer to be from the endowment salaries with the bank and 50 million dinars for citizens to buy housing units." He added that "residential investment complexes that have met all the legal conditions, which are granted loans for the purchase of housing units are (the land of Babylon residential complex in the province of Babylon - Aziz residential complex in Nasiriyah - Jabal Amel residential complex in Diwaniya - Al Amal residential complex in Basra - Complex Facebook Facebook logo Links on "Doha Housing in Muthanna. The bank called "employees wishing to grant loans of 100 million dinars and citizens who have been set 50 million dinars for the purchase of apartments to go to those compounds to see the specifications of those apartments." He stressed that "the coming days will be announced many housing complexes covered by loans of 100 million dinars and 50 million dinars, including the province of Baghdad," pointing out that "work is ongoing to refer other companies once the completion of procedures and legal approvals." Views: 35   Date Added: 31/08/2019

[6ly410]

 

Rafidain issues new instructions on granting 100 million loan to employees

2019/09/01 23:48:27

 

https://www.shafaaq.com/ar/اقتصـاد/الرافدين-يصدر-تعليمات-جديدة-بشأن-منح-قرض-100-مليون-للموظفين/

 

Rafidain Bank announced on Monday that the loan of 100 million dinars, which is granted a maximum for employees to buy housing units in investment projects should cover 50 percent of the total employee salary amount of the installment and the monthly interest.

The bank's media office said in a statement received to Shafaq News, that these loans have set conditions, the most important of which is that the employee on permanent owners and continuing to serve a letter of support from his department, preferably from those who have been resettled with the bank in addition to not to have received a housing loan From any bank.

The statement pointed out that the loan of 100 million will be for residential projects investment vertical or horizontal

[yota691]

Mesopotamia: continue to grant loans for the purchase of housing units in Basmaya

 

Banks Economy News _ Baghdad Rafidain Bank announced on Sunday that its branches will continue to provide loans for the purchase of housing units from Bismayah residential complex in Baghdad. The bank's media office said in a statement received by Al-Iqtisad News that the branches allocated for granting loans are (Bab Al-Sharqi, Al-Firdous, Al-Amin, Al-Mustansir, Al-Zahraa, Al-Kholafaa, Paratha, White Palace, Arab Quarter, Al-Amel). The statement added that "it was noticed recently that there is great momentum of some of these branches in the application of the housing unit of Basmaya, while other branches are witnessing a modest turnout." The bank called on citizens to "not focus on a branch without another in the application on the housing unit and that the branches that have been identified are all subject to the same conditions and controls in the grant process and not different from one branch to another." Number of Views 41   Date Added 08/09/2019

[yota691]

Mashat: The government's move to lend citizens to housing will contribute to the development of banking

Economy | 12:24 - 10/10/2019

 

 

 

 

BAGHDAD - The balance of News
The head of the Islamic Arab Mashreq Bank Management Sadiq Mashat, Thursday, that the direction of the government to deal with Iraqi banks to lend to citizens to build housing units "step will contribute to the development of the banking business.
He Mashat in a press statement I followed / scales News /," The trend The Iraqi government, in agreement with government and private banks to grant loans to citizens to build housing units after the distribution of plots of land will contribute to the sustainability of banking in the country, ''
he added, 'This step would also flow cash significantly will save the employment of more unemployed.
Mentionsed N Parliamentary Finance Committee, revealed on Wednesday, the government 's agreement with the bank managers to distribute soft loans to citizens without interest, after the distribution of land plots on Almsthakh.anthy 29 slides

[yota691]

Al Rasheed Bank intends to issue instructions to market residential units in investment complexes

 

Banks Economy News _ Baghdad Rasheed Bank announced on Sunday its intention to issue instructions to market residential units in investment complexes. "The bank's general manager Rashad Khudair Wahid held a meeting with the special committee to prepare comprehensive instructions for the marketing of housing units in investment complexes financed by the bank," the bank said in a statement. He added, "The committee was formed in the light of the decision of the General Secretariat of the Council of Ministers No. (172) for the year 2017, as well as the requests of citizens that are received to our branches," noting that "the directive has been prepared instructions in the interest of the citizen and reduce routine as well as reserve the right of the bank." The bank pointed out that "Khudair directed branches authorized to promote the requests of those wishing to buy and overcome all the difficulties that may face them." It is noteworthy that some government banks initiated during the last period to grant financial facilities for those wishing to buy housing units in investment complexes according to certain mechanisms and controls. Views: 29   Date Added: 13/10/2019

[yota691]

Al-Rafidain issues clarification regarding the transfer of apartments with protection from the seller's borrower to the buyer

 

Banks Economy News _ Baghdad Rafidain Bank stated that the transfer of ownership of the housing unit in Bismayah residential complex from the original borrower who sells it to another person is subject to legal conditions, including the payment of 50 percent or more of the value of the housing unit. The bank's media office said in a statement received by Al-Eqtisad News that the bank determined the value of the payment for the value of the apartment to be transferred from the borrower to the buyer. Project loan. He pointed out that no objection to the original transfer can be issued only after the borrower's position is correct and to ensure the extent of his commitment to repayment to be paid in arrears. Views: 24   Date Added: 20/10/2019

[yota691]

Learn about the loans provided by Rafidain Bank for the purchase and repair of housing units

Economie

2019-10-21 | 05:20

 

 

Source:

Alsumaria News

 

6,079 views

 

Rafidain Bank announced on Monday that it will provide loans and advances to employees and citizens to purchase and renovate housing units.

The bank said in a statement Alsumaria News received a copy of it that "the services provided to citizens and employees of loans and advances for the purchase and repair of housing units included: -

 

1 - Loans of investment housing units in the amount of 100 million dinars for employees according to the controls and 50 million dinars for citizens to sponsor guarantor guarantor is dispensed with the sponsor for employees who reside their salaries exclusively with the bank.

 

 

2 - Building loans for citizens amounting to 50 million dinars after the submission of a property deed for residential land provided that the area is 200 meters or be approved building permit in the name of the loan exclusively for a period of ten years.

 

3 - the predecessor of the employees of the endemic state salaries with our bank exclusively the upper limit of 25 million dinars annually for a period of 6 years.

 

4. Loans for the purpose of renovating and rehabilitating the role or adding a building amounting to 30 million dinars for citizens and 50 million dinars for citizens for mortgaging the property to be rehabilitated or adding construction for a period of 6 years.

[yota691]

Housing Fund: 1 trillion dinars additional loans to citizens

Tuesday, October 29, 2019 109

 

Baghdad / Wafa Amer  

 

The Housing Fund has allocated an additional one trillion dinars this year as loans to citizens as part of the government reforms in the field of housing.While he announced the grant of 32 billion dinars in loans within three months, he confirmed that he is currently lending to investment housing complexes.

The Director General of the Fund, affiliated to the Ministry of Construction, Housing and Public Municipalities, Sabbar Al-Saadi said in an interview with him, "morning": The bank has taken several measures to accelerate the completion of transactions of citizens wishing to obtain loans by reducing administrative and routine procedures, which enabled the Fund to complete the transaction Do not exceed a week.

He attributed the delay in the treatment to the routine work of other departments that take a long time in issuing the health of the breasts, pointing out that his ministry has circulated a letter from the Secretariat of the Council of Ministers, obliging the relevant institutions to expedite the issuance of the health books of the breasts and sponsors as soon as possible and not more than a week.

Saadi said that an additional trillion dinars has been allocated to the fund as part of the reform package launched by the Council of Ministers, expressing his hope to expedite his investment to be invested under the amendments proposed by the Fund, namely the amendment of the law of public money to reduce the area to less than 100 meters, and speed up the conversion of agricultural land to residential And raise the conflict between laws, as well as reduce the interest or administrative fees on the loan to one percent, with the increase of installments from 15 to 20 years.

He pointed out that the Fund granted loans during the period from August until now, loans amounting to 32 billion dinars, in addition to the completion of all transactions slowed since last year, pointing out that the Fund sometimes gives up to 700 million dinars in loans per day for all governorates, due to simplify procedures Grants.

According to the Director of the Housing Fund, his department obtained approval to solve the problem (the communal king), that is, if the plot of land is registered with two people, the loan is granted to two people and not to one as it was in the past, which facilitated the lending process for all citizens. 

He announced that the Fund has another important trend, is to grant loans to residential investment complexes in Baghdad, including (Iraq Gate) and (white hands) and (Basmaya) housing in addition to other loans in the provinces, pointing out that the bank is granting a loan of 50 billion dinars in three installments To the investor for the citizen's access to the housing unit whatever the area.

Al-Saadi said that the capital of the Fund began in 2011 after the legislation of the law of 300 billion dinars, but that under the Supreme Initiative for loans launched by the Central Bank of Iraq in 2018, the amount increased to one trillion and 350 billion dinars, revealing the disbursement of the amount of 950 billion dinars so far, while going to be spent Part of the remaining amount of the liberated areas and the other for lending to investment residential complexes.

He added that the initiative includes granting interest-free loans of 50 million dinars to Baghdad and 35 million for the regions of the parties, in addition to the amount of 35 to 40 million dinars to the provinces, with the collection of administrative fees of two percent of the loan to the bank.

On the future plan of the Fund, the Director of the Housing Fund warned that it depends on increasing the number of land for citizens by the state to provide the largest number of loans, noting that if the government succeeds in changing the sex of land from agricultural to residential according to the decisions of the Council of Ministers, it will increase the value of the loan and reduce the land area He expected the number of units provided by the bank to 350 thousand housing units annually.

[yota691]

Rafidain Bank announces 5 types of loans

 

Rafidain Bank Logo.

Banks Economy News - Baghdad: Rafidain Bank specified the types of loans and advances granted to employees and citizens . The bank's media office said in a statement received by the economy news that the services provided by the bank to citizens and employees included loans housing investment units amounting to 100 million dinars for employees and 50 million dinars to citizens to ensure guarantor guarantor is dispensed to the sponsor employees who reside their salaries exclusively with the bank. . The bank confirmed that the construction loans for citizens amounting to 50 million dinars after the submission of a property deed for residential land provided that the area is 200 meters or be approved building permit in the name of the applicant exclusively for a period of ten years . He continued , " predecessor government departments Almutnh staff salaries to the bank exclusively alone top 25 million dinars and submit them electronically from the branches of the bank" . The bank noted that there are loans for the purpose of repairing and rehabilitating residential houses or adding a building amounting to 30 million dinars for citizens and 50 million dinars for employees in return for mortgaging the property to be rehabilitated in addition to  loans to protect the residential and without a guarantor . Number of Views 177   Date Added 02/11/2019

[yota691]

Rafidain announced its readiness to finance the construction of residential compounds

Date: 2019/12/5 8:12 • 163 times read

Rafidain Bank announced its readiness to finance investment companies and investors who want to build housing complexes or commercial centers and other investment activities that contribute to the support of the national economy.

Investors and companies wishing to obtain financing and financial marketing should visit the bank to see the conditions for granting loans to serve the public interest, he said in a statement. Pearl Sawah Complex in Muthanna - Al Kawthar Residential Complex in Babylon - Alon Residential Complex in Jalawla - Bab Al Nasiriyah Residential Complex in Nasiriyah - Salam City Complex in Najaf - Babylon Land Complex in Babylon - Jabal Amel Residential Complex in Diwaniyah - Al Amal Residential Complex in Basra - Housing Complex Doha in Muthanna - Zagora residential complex in Nasiriyah - Aziz residential complex in Nasiriyah - Integrity residential complex in Nasiriyah - Baisan residential complex in Nasiriyah}.

[yota691]

Launching the online application for housing fund loans

Monday 30 December 2019 96

 

Baghdad / Wafaa Amer 

 

        

The Housing Fund will launch next Thursday the electronic application for loans in Baghdad and all governorates except for the Kurdistan region, while pointing out that the number of transactions disbursed during the year 2019 exceeded 27 thousand.

An official source at the Ministry of Construction, Housing and Public Municipalities to which the fund belongs, told Al-Sabah that the Housing Fund has begun, since last September, to prepare an electronic form for applying for housing loans for those wishing to obtain it, noting that the form is installed on a special link, as the form is completed and sent The information and documents are electronically under a precise electronic system, while the transaction is received and verified and then a message is sent to the owner of the transaction that includes a code that depends on the citizen during his review. The source added that the form was subject to some technical administrative procedures during the past period to ensure that the application process is easy for citizens, noting that the fund decided to launch an electronic application for the fund’s loans starting next Thursday, the second of January 2020 in Baghdad and all provinces except a region Kurdistan.