Description
The land rental loan is intended for both individual and legal persons.
Characteristics
| Eligibility requirement | Availability of registered land |
| Eligible operation | Construction Finish Renovation Acquisition + works |
| Guarantees | Closed 1st rank mortgage on land title Insurance: Life and Disability for 60 months on the Borrower or the Manager Multiple housing on the property financed over the life of the loan All Risks Site Tripartite signature of the lease agreement (CFC / Clients / Tenants) Pledging of rents to CFC |
| Destination of the project | Location |
| Eligible person | Individuals / family SCI Professional corporations / SCIs |
| Duration | Individual: 300 months (25 years) Legal entities: 300 months (25 years) |
| Interest rate | 5,870% HT or 7% TTC for the ordinary rental |
| Total delay | 1 to 18 months |
| Minimum personal contribution | Individual / family SCI: minimum 20% of the cost of the project, subject to its financial equilibrium Legal persons: a minimum of 25% of the cost of the project, subject to its financial equilibrium |
| Maximum Loan Amount | Individuals / Family SCI: FCFA 250 million Legal entities: 500 million FCFA |
| Sources of reimbursement | Rents to be paid in the operating account |
| Modes of reimbursement | OVP |
