3% CBE Mortgage Finance Initiative for Low & Middle Income


  • Available for Egyptians only.
  • Freedom to choose the repayment duration that could reach up to 30 years, to match your financial capacity.
  • Subsidized decreasing interest rate of 3% over the loan duration.
  • Free life and property insurance benefits throughout the loan duration.
  • Benefit from having your unit evaluated by registered appraisers for free.
  • Freedom to choose between various repayment methods to match your financial capabilities; fixed or increasing installments.
  • Possibility of installing administration and maintenance fees throughout the loan duration with the same initiative interest rate.

Income Conditions

Income Conditions

Maximum Net Monthly income*

Maximum Unit Value (excluding unit Maintenance fees and Admin fees)

Minimum Down Payment of total unit price

Low Income

(Cases will be handled in coordination with Mortgage Finance Fund)


Married (combined income with spouse):

EGP 4,500

EGP 6,000

To be determined according to Mortgage Finance Fund (MFF

10% of total unit price

Middle Income


Married (combined income with spouse):

EGP 13,000

EGP 18,000

Up to EGP 1.1 Mio

15% of total unit Price

More than EGP 1.1 Mio till EGP 1.4 Mio

20% of total unit Price

* 20% from total monthly income shall be deducted, in case net monthly income is not stated in the income Letter.

Financed unit Conditions:

  • Unit must be fully finished with utilities and ready to move.
  • Unit must be for residential purpose only and not licensed for touristic residency.
  • Freedom to choose the unit you desire in any governorate; whether registered OR valid for registration, both inside and outside new urban communities.


*Terms and conditions apply

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