Lana Al-Quds Loan

What Makes the Lana Al-Quds Loan Different?

Financing of

up to USD 600,000

Financing period of

up to 25 years.

Benefit from preferential

competitive interest rates.

More Benefits

Financing of up to 85% of the property’s appraised value.

Loan origination fee waived for loans transferred from other banks.

Grace period of up to 3 months if the property is not ready for occupancy.

Available in USD only.

Free property insurance with 100% coverage.

Free life insurance with 100% coverage.

Frequently Asked Questions

Property license.
Sale agreement specifying the details of the property being financed, the down payment, and the total property value.
Two property valuations from approved appraisers in Jerusalem.
The agreement signed between the borrower and the seller.
An irrevocable power of attorney from the borrower in favor of the Bank, executed before a notary public.
An undertaking to transfer the borrower’s salary and benefits if the salary is transferred to the Bank.

If the property is not ready for occupancy, the loan is disbursed in stages in accordance with the applicable law governing the sale of residential apartments and the protection of purchasers’ funds.

Yes. A one-time 1% loan origination fee is payable upfront.

Yes. A grace period of up to 3 months is available.