How to Get a Home Loan?

A home loan is a personal loan used to buy a house. You can apply for a housing loan by going to a bank branch with the title deed of the house you want to buy and filling out the housing loan application form. 

The bank investigates your credit record and the nature and condition of the house you want to buy. If your application is approved, you will be asked to pay the cost of the appraisal report to determine the market value of the house. You can withdraw a maximum of 80% of the value of the house determined in the appraisal report as a housing loan. You are requested to pay the remaining 20% ​​as a down payment. Housing loan applications can be completed within 5-6 working days.

Documents Required to Take a Loan

Depending on the type of loan to be drawn, the documents requested by the banks from the applicant vary. Generally, banks can give consumer loans up to 5,000 TL to their customers without requiring additional documents. These loan applications, which are made through internet banking and mobile banking applications, without the need to go to the branch, are evaluated and finalized quickly. Documents required by banks from applicants in order to obtain a higher amount of credit:

Valid Identity Document: A valid identity document, driver's license or passport with the applicant's TR identity number on it,

Document Proving Residence Address: Recent electricity, telephone bill, rental contract, received in the name and residence address of the applicant,

Document Showing Income Status: Applicant's payroll for the last 6 months for private sector and public employees, current tax plate for business owners, signature circular, balance sheet and income statement, trade registry newspaper, pension certificate for retirees and rental income, etc. income certificate.

Loan Application Form: A loan application form filled and signed by the applicant. Loan application forms can be obtained from the relevant bank branches or from internet banking.

To Whom Is General Purpose Loan Given?

Consumer loans, also called consumer loans, are given to individual customers over the age of 18. All banks offer consumer loan products designed to suit different needs, with a wide variety of maturity and interest rates, for individual customers. Consumers can apply with the requested documents after choosing the most advantageous loan campaign that will meet their cash needs in the most appropriate way among the current consumer loan campaigns.

Consumer loan applications, like other loans, are evaluated and finalized according to criteria such as the applicant's credit rating and income level and loan repayment ability.