Housing Fund Dhi Qar shows the controls covered by the increase of loans
09:56 - 26/06/2019
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A branch of the housing fund in the province of Dhi Qar, on Wednesday, revealed new controls for the inclusion of borrowers after raising the ceiling of loans to 40 million dinars.
"The Housing Fund of the Ministry of Housing and Construction canceled the requirement to determine the receipt of 60 transactions only to obtain a loan to build a residential house during each month," said the director of the branch Louay al-Shuwaili said, "The housing fund of the Ministry of Housing and Construction canceled all transactions that meet the conditions and controls regardless of Number of applicants over the months of the year ".
He added that the housing fund in the province was received before this period transactions of citizens according to the monthly collection of premiums received by the Fund of borrowers and the Fund received 140 transactions only every month, "pointing out that" after the current decision will be received all transactions on an ongoing basis, There is a stop or a commitment to a specific number. "
He added that "the Fund has received in the past four months about 600 transactions granted a loan, but at the present time will be accepted all transactions, which will reach about 300 transactions in one month, pointing out that after the approval of the Council of Ministers to increase the ceiling of housing fund loans to 40 2 million instead of 30 million dinars. "
Al-Shuwaili said, "Start receiving the transactions of applicants for the loan of 40 million dinars, but within the terms of submission, which must be the age of the employee providing loans 45 years and below, and civil guarantor in addition to the resettlement of salary, the non-employee is granted only 30 million dinars and a civil sponsor" . Ending / 25