Mortgage financing is one of the most effective solutions to help you achieve your dream of owning a home easily without paying the full amount upfront. It allows you to repay over long periods through flexible plans that suit your income, helping you start a new life with comfort and stability.
Banque Misr offers distinctive mortgage programs, backed by a long history and extensive expertise that made it one of the leading institutions supporting property ownership for Egyptians across different social segments.
Through its partnership with dubizzle, applying for a mortgage has become easier than ever. You can search for your preferred property on dubizzle, use the Banque Misr mortgage calculator available on the website to estimate your monthly installments, and submit your inquiry to be contacted by the bank’s mortgage specialists who will guide you through every step until you secure your financing.
Banque Misr provides a wide range of mortgage programs for individuals in Egypt and abroad, including employees, business owners, self employed professionals, and Egyptians working overseas. Customers looking to purchase a property can benefit from financing offers and features that go up to EGP 100 million, with payment plans of up to 15 years and competitive interest rates, whether fixed or variable. The bank also offers leasing-based mortgage programs (Ijara) for additional flexibility.
Below is a comprehensive overview of the key details and steps to apply for mortgage financing from Banque Misr through dubizzle.
1. Finding a Property and Submitting a Financing Request
dubizzle Egypt is the country’s largest online real estate platform, bringing together thousands of daily listings from developers, real estate brokers, and individuals offering properties for sale or rent in different areas.
- Using dubizzle’s advanced search tools, you can easily refine your property search:
- Choose the city and area such as New Cairo, Sheikh Zayed, Mokattam, and more.
- Select the property type (apartment, villa, duplex, townhouse).
- Set the price range that suits your budget.
- Choose the city and area such as New Cairo, Sheikh Zayed, Mokattam, and more.
- Then browse photos, layouts, and details to choose the property that best fits your needs.
- You can also calculate your monthly installments and payment plan using the Banque Misr mortgage calculator available on dubizzle.
2. Submitting the Financing Request
You can fill out the “Mortgage Financing Application” form directly through dubizzle. A representative from Banque Misr will contact you to complete the process and provide full guidance.
3. Required Documents for Mortgage Financing with Banque Misr
Personal Documents:
- Copy of valid national ID.
- Spouse’s ID (in case of joint application).
- Recent utility bill (electricity, gas, water, or phone) issued within the last 3 months.
- Proof of income as follows:
| Employees (Government/Private Sector) | Business Owners & Self-employed Professionals |
| 1. Recent income certificate certified by the employer. | 1. Copy of tax card and recent extract from commercial or industrial registry. |
| 2. Bank statement for the last 6 months. | |
| 3. Copy of professional practice license (for self employed professionals) |
Additional documents may be required based on credit assessment.
Property Documents (depend on the property type):
1. Registered units (in the Real Estate Registry):
- Registered ownership deed of the seller.
- Building permit of the property.
2. Resale units reallocated from the New Urban Communities Authority (NUCA):
- Preliminary contract between the seller and the city authority.
- Certificate from the Housing and Development Bank confirming full payment of the unit’s price.
3. NUCA-allocated units (first-time allocation):
- Allocation letter from the city authority
- Property Handover Certificate
- Certificate showing the financial and legal status of the unit to be financed.
4. Units within a compound, developed project, or cooperative association (not registered):
- Ownership deed of the seller.
- Ownership sequence certificate from the developer confirming the seller’s ownership and possession of the unit.
- Recent utility bill (electricity/water/gas) from the last 3 months.
- No-objection certificate (NOC) from the developer confirming approval for transfer and registration of mortgage restrictions.
(Or any additional documents required by the bank based on legal study.)
4. Review and Approval
The bank reviews all submitted documents and verifies both the property and the applicant’s eligibility. Once approved, the financing amount and the required personal contribution are determined, followed by signing the mortgage contract.
5. Disbursement and payment
After signing the contract and completing all formalities, the financing amount is disbursed. You will then start paying your monthly installments according to the agreed payment schedule.
Conclusion
Owning your dream home is no longer a complicated or lengthy process. With dubizzle, you can easily browse thousands of properties across various areas, compare prices and features, and find the one that fits your lifestyle — whether you’re looking for an apartment, villa, or investment property.
Once you’ve found your ideal property, Banque Misr takes care of the rest, offering smooth and flexible mortgage solutions tailored to your needs and income.
Take your step toward homeownership today, your new home is closer than you think!
