Mortgage in Turkey
- 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; Iskan Ruhsati (house permission)
- Approval of the ministry of Defense (Savunma Bakanligi)
- 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
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