1. What are the conditions and what documentation is needed?
For further information on the product terms and conditions and all the required documents click at the Link below:
2. What is “Home Equity” loan?
‘’Home Equity ‘’ Loan is used for every need of customer, including purchase of technical equipment, home furniture, education, health, holiday, purchase of used car, purchase of other banks loan etc.
3. Which source of income is accepted for repayment of Home Equity Loan?
As source are accepted continuing incomes and stable from salary, rent and activity (Physical Person or Company Owner). In any case in consideration will be taken incomes that are declared and passes through bank system (salary /rent/ tax revenue for the activity).
4. Should I offer as collateral a property for this loan?
Yes, Home Equity Loan is a mortgage loan and as collateral customer has to offer a real estate.Apartment, Land and Building, shop and office can be accepted as collaterals. In any case bank will not accept as collateral agriculture land.
5. Can I cover all the expenses with this loan?
Yes, BKT finances up to 100% of the cost value.