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[size=36]Applications for housing loans launch next week[/size]
Economy | 09:51 - 01/02/2024
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Mawazine News - Baghdad
The Ministry of Construction, Housing and Public Municipalities announced, on Thursday, the launch of applications for Housing Fund loans, early next week, as part of the Fund’s lending plan worth 750 billion dinars.
The ministry’s official spokesman, Nabil Al-Saffar, told the official newspaper that “the application process will be exclusively electronic, through a specially prepared electronic form and will remain open until the allocated quota for each governorate is exhausted,” pointing out that “the number of beneficiaries of the Fund’s loans for the past year 2023 reached 20 thousand.” A borrower with total amounts reaching 650 billion dinars.
He added, "The lending process witnessed remarkable progress after the transition to electronic work, which facilitated the procedures for granting loans and cut off the path for weak-minded people who try to blackmail citizens who wish to obtain loans."
He pointed out that “there is an increase of 100 million dinars for borrowers applying for residential complexes implemented by the ministry,” while pointing out that the fund facilitated the process of entering the website form and applying for the loan easily, since many citizens were complaining in previous times about the difficulty of entering the website, Consequently, office holders exploit them according to merit and precedence.”
He stated, “The conditions for obtaining the loan are that the land area should not be less than 100 meters and the building area should not be less than 65 meters, in addition to preparing the necessary requirements for submission, which are a Form 25 deed and a prohibition on fixing boundaries issued by the Real Estate Registration Department, in addition to a building permit from the municipality and a map.” Building from an engineering office certified by the municipal department, and if there is a split, a special engineering drawing must be prepared for it.”
The Ministry of Construction, Housing and Public Municipalities announced, on Thursday, the launch of applications for Housing Fund loans, early next week, as part of the Fund’s lending plan worth 750 billion dinars.
The ministry’s official spokesman, Nabil Al-Saffar, told the official newspaper that “the application process will be exclusively electronic, through a specially prepared electronic form and will remain open until the allocated quota for each governorate is exhausted,” pointing out that “the number of beneficiaries of the Fund’s loans for the past year 2023 reached 20 thousand.” A borrower with total amounts reaching 650 billion dinars.
He added, "The lending process witnessed remarkable progress after the transition to electronic work, which facilitated the procedures for granting loans and cut off the path for weak-minded people who try to blackmail citizens who wish to obtain loans."
He pointed out that “there is an increase of 100 million dinars for borrowers applying for residential complexes implemented by the ministry,” while pointing out that the fund facilitated the process of entering the website form and applying for the loan easily, since many citizens were complaining in previous times about the difficulty of entering the website, Consequently, office holders exploit them according to merit and precedence.”
He stated, “The conditions for obtaining the loan are that the land area should not be less than 100 meters and the building area should not be less than 65 meters, in addition to preparing the necessary requirements for submission, which are a Form 25 deed and a prohibition on fixing boundaries issued by the Real Estate Registration Department, in addition to a building permit from the municipality and a map.” Building from an engineering office certified by the municipal department, and if there is a split, a special engineering drawing must be prepared for it.”
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