Russian
Mortgage
Turkey is one of the most appealing destinations in the Mediterrenean Coast with its nature, climate and history. Buying a house in Turkey will not only be an enjoying experience for you, but it also is a great investment. Because of the fact that Turkey is an emerging property market, the country offers reasonable prices for overseas buyers.
We would be glad to offer our Mortgage services for your property finance in Turkey.
|
Issue |
Feature |
|
Loan to value |
Maximum 70% of the appraisal value (not always equal to the sales price) |
|
Debt to income |
Maximum net salary to spend to installment for total loan position 50% |
|
Valuation of income |
Only salary income transferred to a bank account, average profit of the last 2 years, pension income |
|
Maximum amount |
No maximum |
|
Minimum amount |
€ 25.000 |
|
Nationalities |
All countries that have a reciprocal agreement with Turkey. |
|
Maturity |
15 years |
|
Loan in TL |
Yes |
|
Loan in euro |
Yes |
|
Loan in Dollars |
Yes |
|
Loan in British pound |
Yes |
|
Interest types |
Fixed |
|
Early repayment |
Possible (2% penalty fee) |
|
Property valuation |
Done by DenizBank or appointed appraisal by DenizBank, pre-valuation paid by DenizBank |
|
Age of application |
25 -70 years |
|
Maximum age at end of maturity |
70 years |
|
DASK: nature disaster insurance, House insurance; |
To arrange via DenizBank, |
|
Life Insurance |
No obligation |
|
Off plan mortgage |
Yes, with full bank guarantee from constructor for the total loan amount |
|
Monthly installment payments |
Automatic payment from a DenizBank account |
|
Validity of the pre offer |
4 months |
|
Extension of validity of the pre offer (except interest rate) |
Until 18 months (1% extra commission required) |