Mortgage Products

For those who want to use a house they own as collateral and take out a larger, longer-term loan with suitable interest rates just like a mortgage.

Home Equity Loan
Home Equity Loan lets you utilize a long-term large loan with suitable interest rate for any of your expenses if you use a house you own and reside in as collateral!

• You can take out the loan in EUR.
• The maximum term is 36 months.
• The Home Equity Loan interest rate in effect at our bank at the time the loan is issued shall apply.
• The property pledged as collateral for the loan must be owned by you.
• You can choose to utilize the Home Equity Loan with fixed interest rate.
• In case of a request for the early repayment of one or more installments in Fixed Rate Mortgages, an early repayment charge of a maximum of 1% of the paid principal amount if it is not more than 36 months until the end of your mortgage term, or maximum 2% if it exceeds 36 months.
• While a guarantor is not required in general, our branches reserve the right to demand one if they deem necessary.

Home Equity Line of Credit
If you would like to borrow credit for your needs against the house you own by pledging it as collateral and want to use your total credit limit in parts as you need at any time, then Home Equity Line of Credit is just the thing for you!

• You can take out the loan in EUR.
• The maximum term is 36 months.
• You can use your entire credit limit within 24 months as from the date of the initial borrowing.
• The Home Equity Line of Credit interest rate in effect at our bank at the time the loan is issued shall apply. The property pledged as collateral for the loan must be owned by you.
• You can choose to utilize the Home Equity Line of Credit with fixed interest rate.
• In case of a request for the early repayment of one or more installments in Fixed Rate Mortgages, an early repayment charge of a maximum of 1% of the paid principal amount if it is not more than 36 months until the end of your mortgage term, or maximum 2% if it exceeds 36 months.
• While a guarantor is not required in general, our branches reserve the right to demand one if they deem necessary.

Automatic Home Equity Line of Credit
If you already have a mortgage with Lik Birlesik Bankasi and want also want to take out a high-limit, longer-term loan with suitable interest rates for your other needs, you can use the Automatic Home Equity Line of Credit.

• The maximum term is 36 months.
• You can use your entire credit limit during the loan term to start after 1 year as from the date of the initial borrowing.
• The Automatic Home Equity Line of Credit interest rate in effect at our bank at the time the loan is issued shall apply. The property pledged as collateral for the loan must be owned by you.
• You can choose to utilize the Automatic Home Equity Line of Credit with fixed interest rate.
• In case of a request for the early repayment of one or more installments in Fixed Rate Mortgages, an early repayment charge of a maximum of 1% of the paid principal amount if it is not more than 36 months until the end of your mortgage term, or maximum 2% if it exceeds 36 months.
• The total of the amount to be borrowed under the Automatic Home Equity Line of Credit and the amount already lent under the mortgage facility cannot be more than 50% of the appraisal value of the property to be pledged
• Credit upper limit is EUR 40,000.
• While a guarantor is not required in general, our branches reserve the right to demand one if they deem necessary.

Thanks to the mortgage you have already utilized, you will be able to automatically use credit at an amount and time you need within your line of credit.

*Home Equity Line of Credit and Automatic Home Equity Line of Credit cannot be utilized at the same time.

Faizler

For those who want to get an environmentally-conscious loan with reasonable interest rates and advantageous loan costs.
Urban transformation is one of the most important issues for Turkey that lies on an earthquake belt and where most buildings should be renovated. In the process of renovation of the buildings, energy efficiency and the conversion of new structures into green buildings are of great importance. We, as Lik Birlesik Bankasi, work to internalize the concept of sustainability and to contribute to the transfer of resources to future generations.

Within this scope, we have introduced the "Green Mortgage" product, Turkey's first green home loan, in cooperation with the EBRD and IFC, in order to support buildings with high energy efficiency by offering advantageous interest rates. In addition to the advantageous interest rates, we have provided a 50% discount in credit allocation fee for customers opting for Green Mortgage. Our customers should choose to buy buildings with Class A or B "Energy Performance Certificate" (EKB) and must present the relevant certificate to our bank in order to benefit from Green Mortgage.

Besides all these, living in a house with class A or B energy efficiency contributes significantly to reducing your monthly expenditures such as heating and electricity. Taking these contributions into account, you get to achieve considerable savings also on fixed monthly costs, together with the financial benefits such as advantageous interest rates and credit allocation fees offered with Green Mortgage. Coupled with the economic gains to be brought by living in class A or B houses that are environmentally friendly, you can also witness the positive impacts of living in healthy buildings on your quality of life.

To cut it short, by opting for a green house, you will both be able to utilize an advantageous housing loan and contribute to your household income by saving while living in your house. If you want to benefit from this advantageous and environmentally-friendly product, you can visit Lik Birlesik Bankasi branches. If you wish to receive information over the phone, you can call our customer service at 444 38 46 or fill out a form via our website and expect a call from us. Our mortgage experts will reach you using the contact details you share with us.

• Maximum 80% of the appraisal value of the house you will buy can be financed through mortgage if you meet the conditions.
• You can benefit from discounted credit allocation fee.
• The interest rate in effect for the Advantageous Green Mortgage at Lik Birlesik Bankasi at the time the mortgage is issued shall apply.
• You can take out the housing loan in EUR.
• The maximum term is 240 months.
• You can determine the repayment plan that best suits you.
• This loan can only be utilized by natural persons and for the purchase of a residential property.
• Pledging the house you bought will suffice as the loan collateral. While a guarantor is not required in general, our branches reserve the right to demand one if they deem necessary.
• In case of a request for the early repayment of one or more installments in Fixed Rate Mortgages, an early repayment charge of a maximum of 1% of the paid principal amount if it is not more than 36 months until the end of your mortgage term, or maximum 2% if it exceeds 36 months.

If you want to buy a new workplace or make improvements in your current workplace, then a commercial mortgage is just the thing for you!

If you want to buy a new workplace or make improvements in your current workplace, then a commercial mortgage is just the thing for you! What's more, you can choose to rent the workplace you will buy and benefit from it as an investment or use it as your workplace.

Together with suitable interest rates and maturity options accompanying the commercial mortgage product, Lik Birlesik Bankasi presents different advantages according to your intended purpose.

Commercial Owner-Occupied Mortgage

• You can take out the loan in EUR.
• The maximum term is 120 months.
• The Commercial Mortgage interest rate in effect at our bank at the time the loan is issued shall apply.
• The loan can only be utilized by natural and legal persons and for the purchase of a workplace to be used by the owner or for workplace improvements.
• It is exempt from RUSF. In order for the RUSF exemption to be applied, the customer should agree and undertake to comply with this condition at the time of loan utilization, and then the purchased workplace should be included in the assets of the enterprise.
• Pledging the workplace you bought will suffice as the loan collateral. While a guarantor is not required in general, the branches reserve the right to demand one if they deem necessary.
• Up to 100% of the appraisal value of the workplace can be financed through commercial mortgage depending on the approval of notification officer.
• In case of a request for the early repayment of one or more installments in Fixed Rate Mortgages, an early repayment charge of a maximum of 1% of the paid principal amount if it is not more than 36 months until the end of your mortgage term, or maximum 2% if it exceeds 36 months.

Commercial Investment Mortgage:

• You can take out the loan in EUR.
• The maximum term is 120 months.
• The Commercial Mortgage interest rate in effect at our bank at the time the loan is issued shall apply.
• This loan can only be utilized by natural persons and for the purchase of a workplace for investment purposes.
• Pledging the workplace you bought will suffice as the loan collateral. While a guarantor is not required in general, the branches reserve the right to demand one if they deem necessary.
• Up to 100% of the appraisal value of the workplace can be financed through commercial mortgage depending on the approval of notification officer.
• In case of a request for the early repayment of one or more installments in Fixed Rate Mortgages, an early repayment charge of a maximum of 1% of the paid principal amount if it is not more than 36 months until the end of your mortgage term, or maximum 2% if it exceeds 36 months.