New housing loans were notified to the branches of Amel Bank
Mehdi Ahmadi, one of the bank’s officials, was quoted as saying that the increase in the ceiling of housing purchase and construction facilities proposed by the bank has been implemented and its purpose is the effectiveness of the bank’s facilities portfolio in the mobilization and prosperity of the housing and construction sector. “Since home prices have risen in recent years in all cities of the country, new housing purchase and construction facilities can partially boost the financial strength of homebuyers,” he said.
Regarding the new ceilings of housing purchase and construction facilities, Ahmadi added: “These facilities can be obtained and used by purchasing priority right certificates as facility points.” In Tehran, the ceiling of paper facilities, which can also be used for construction, increased to 200 million Tomans, in provincial centers and cities with a population of more than 200,000 to 160 million Tomans, and in other cities to 120 million Tomans. The new roof of the housing bond facility can be used for residential units with a maximum age of 25 years.
Regarding another form of using the housing bond facility, he said: “If you apply for the facility as a couple, each couple can separately use the ceiling of the facility to buy or build a housing unit together.”
Explaining how to use the housing bond facility to buy residential units with a building life of more than 25 years, Ahmadi clarified: In residential units with a building life of 25 to 30 years, the facility ceiling in Tehran, provincial centers and cities with a population of over 200,000 Also, other urban areas have been set at 160 million Tomans, 120 million Tomans and 80 million Tomans, respectively. Also, applicants who want to use this facility as a couple, the facility ceiling will be doubled for them.
Ahmadi also announced the ceiling of fake housing facilities as 80 million Tomans. This figure also increased in a recent resolution of the Monetary and Credit Council.
Addressing the applicants of this type of facility, he announced that the details of the monthly installments of housing purchase facilities according to the facility ceiling are available on the information site of the specialized bank of the housing sector, while in the electronic services section of the information site, facility installments can be calculated.
Ahmadi expressed hope that housing construction and purchase facilities from bonds could create relative mobility in the housing market on the path to prosperity. This forecast is due to the fact that in small and medium-sized cities of the country, according to the level of housing prices, the coverage power of new facilities is considered appropriate.