OPTION 1 - DENIZBANK MORTGAGES (in TR)

How to get a Mortgage from DenizBank?

Buying a second house (with a mortgage) in Turkey is a great decision that will give you a lot of pleasure and joy. Getting to that point is not always easy. Foreigners can face several different procedures and legal obligations. DenizBank is the first Turkish bank giving home loans to foreigners in Turkey. This makes us the most experienced bank and the best partner in making your dream come true. Besides the mortgage we offer a full service in setting up your daily financial life in Turkey. Therefore we can easily say: at DenizBank we finance your dreams.

How to get a Mortgage from DenizBank?

Please bring all the required information to the nearest branch of your new house. Together with the branch you will discuss all the conditions and benefits of the loan
After your approval we will complete the application form and start the application procedure
The bank will send a appraiser to you house to value your property
Maximum 5 working days later the branch will inform you about the offering that we can do to you
You will be handed out the pre term sheet that you can use as our written promise to you
After presenting the pre term sheet to you, you are asked to sign the pre term sheet and pay the commitment fee

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

DASK: (nature disaster insurance)
House insurance; Ýskan Ruhsati (house permission)
Approval of the ministry of Defense (Savunma Bakanliði)
Tax number and opening a demand deposit account
After collection of all the documents mentioned above the bank will give its final approval will make an appointment to pay out the loan and put the mortgage on the title deed at the Tapu office

Off Plan Mortgages

DenizBank makes deals with project developers to finance uncompleted houses in a project. Sometimes DenizBank gives loans before completion of the house or gives you upfront the commitment that DenizBank will pay out a loan after completion at upfront agreed conditions. Go to you nearest branch to ask for our current joint promotion with develops and ask for the special conditions.

FURTHER DETAILS;
Features of the Loan
Requested Documentation & Application Form
Reciprocity List
Loan Rates

please visit www.denizbank.com

OPTION 2 - ISTANBUL MORTGAGES (in UK)

Let Istanbul Mortgages finance your dream home or investment portfolio

• Up to 20 year terms
• From 6.9 % - fixed for the entire term
• Pound, Euro or US Dollar
• Secured on the turkish property

The company head-office is in London so you will not have the stress and the cost of corresponding with an overseas branch of a foreign bank.

Eligibility

You are eligible for a mortgage if you can answer yes to the following:

• you are between 18 and no older 70 at the maturity of the mortgage
• you are a citizen of one of the 84 countries on the list of reciprocal property ownership with Turkey. (Russian clients with a residency permit are included)
• you can provide proof of residency and income
• you have not been bankrupt in the last  five years