It became very easy for non-citizens to be approved for mortgage in Turkey after the explosion of property sales. Yaman-Group company searches, collects the rates and prepares all of necessary documents for you to be able to achieve best deal of mortgage loan from a Turkish Bank – some of these banks are purchased from European Banks. Yaman-Group works with Denizbank (Dexia Bank), Fortis Bank, HSBC and Akbank.

  Required information for mortgage loans and list of documents needed:

1. After your approval we will complete the application form and start the application procedure.

2. The bank will send an appraiser to your house to be and appraise your property.

3.Maximum 5 working days later the branch will inform you about the offering that we can do to you.

4. You will be handed out the pre-term sheet that you can use as bank's written promise.

5. After presenting the pre-term sheet to you, you are asked to sign the pre term-sheet and pay the commitment fee.

6. After signing a period of maximum four months starts to arrange:

• DASK (nature disaster insurance)
• House Insurance (house permission)
• Approval of the ministry of Defense
• Tax number and opening a demand deposit account

OFF PLAN MORTGAGES

Banks make deals with Project developers to finance uncompleted houses in the Project. Sometimes banks will pay out a loan after completion.

The features of the loan:

Supporting Documentation for Your Mortgage Application

***Official translation of all documents into Turkish is required***

Notes:

•  Turkish Banks that loans mortgage credit have no obligation of life insurance. It becomes as an advantage of 5000-6000 Euro when compared to European Banks.

•  Appraisal of the property costs about 300 Euro.

•  The interest rate of the mortgage could be both solid or liquid dependant to your agreement with the bank. It is totally due to your request.

MORTAGE SAMPLE REPORT IN EURO,USD,GBP

For 1000 EURO (0,58 of interest rate)

 For 1000 USD (0,62 of interest rate)

 For 1000 GBP (0,70 of interest rate)