* Iraq: housing loans and exempted from the benefits
BAGHDAD – Babinaoz – Majid Fadhil: Minister of Construction and Housing, Mohammed al-Darraji told a news conference attended by Babinaoz turning off the benefits of citizens who have previous loans by the Housing Fund over the past years ..
He said the ministry decided to put out all the benefits of the funds to borrowers of former Housing Fund over the past years, indicating that the fund will begin to re-structure calculations on borrowers and raise the benefits of them and recover the amounts awarded to them only, adding that the ministry will start early next month to receive applications citizens who wish to obtain home loans through the electronic form has been prepared to offer to facilitate access by the citizen and not be subjected to blackmail .. He said the housing loans granted to citizens, employees and retired civilian and military personnel who want to build residential units in Baghdad and the provinces .. He added that the conditions for granting the loan housing is to be the age of the applicant at least 18 years, and has a piece of residential land or commercial, whether a bond and a single or joint, or republication that the minimum land area for a hundred square meters .. and said: that the Fund will provide $ 35 million Iraqi dinars for each housing unit in the city of Baghdad and 30 million dinars in the provinces and districts and areas, pointing out that the loans would be granted to citizens, without interest, except Downloads administrative deducted from the the borrower a one-time valued at 2 percent and the total amount of the loan premium girlfriend over fifteen years, a rate of pay does not exceed 130 thousand dinars a month ..
Meanwhile, a source at the Ministry of Finance, the ministry is planning to put out the benefits of the loans obtained from 3 state banks within the budget this year, retroactively granting new loans and interest-free.
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