HOUSING FINANCING

Home of your dreams does not always have to stay a dream. Make it real with the help of our Bank.

BBI allows you to buy, build and renovate housing space, designed on financial partnership principle in accordance with Islamic principles, international and BiH regulations and banking rules. 

This type of financing is available to all citizens of BiH who can demonstrate regular monthly income in the period of the financial partnership with an employer eligible for BBI. 

PURCHASE OF FLAT OR HOUSE
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TERMS - SECURITY/COLLATERAL

Currently on offer BARGAIN TERMS for financings from:

• Up to 20,000 KM, no guarantors
• From 20,001 KM to 25,000 KM, minimum 1 guarantor
• From  25,001 KM to 35,000 KM, minimum 2 guarantors

• Over 35,000 KM
  Option I: mortgage over property of loan-to-value ratio  1:1.25
  Option  II: mortgage over property of loan-to-value ratio: 1:1 + minimum 1 guarantor
• Application processing fee: 1%, 1.75%, maximum 1,700 KM
• Obligatory participation minimum 1%
• MAXIMUM FINANCING PERIOD: 15 years
 
Required documentation:

WHEN AN APPLICANT IS AN EMPLOYEE OF A PUBLIC INSTITUTION  OR BUDGET ORGANIZATION

1. Financing application form (filled out and duly certified by employer)

2. Copy of registration of residence (CIPS form)

3.Copy of identity card

4. Attestation of income or salary list for the past three months

5. When the financing is approved the applicant is obliged to certify copy of identity card
    and pledge registration form in the Municipality

WHEN AN APPLICANT IS EMPLOYED IN A JOINT STOCK COMPANY

1.  Financing application form (filled out and duly certified by employer)
2. Copy of registration of residence (CIPS form)
3. Copy of identity card
4. Copy of M2 form
5. Salary list for the past three months
6. Current account statement for the past three months
7. When the financing is approved the applicant is obliged to certify copy of identity card
    and pledge registration form in the Municipality

WHEN AN APPLICANT IS EMPLYED IN A LIMITED LIABILITY COMPANY

1. Filled out Application form and duly certified by employer
2. Copy of registration of residence (CIPS form)
3. Copy of identity card
4. Copy of M2 form
5. Salary list for the past three months
6. Salary specifications certified by Tax Administration office for the past 3 months
7. Current account statement for the past three months
8. When the financing is approved the applicant is obliged to certify copy of identity card
    and pledge registration form in the Municipality

WHEN AN APPLICANT IS A RETIRED PERSON

1. Application filled out by Retirement and Disability Insurance Institute
2. Copy of registration of residence (CIPS form)
3. Copy of identity card
4. Pension checks for the last three months or an attestation of received pensions
5. When the financing is approved the applicant is obliged to certify copy of identity card
    and pledge registration form in the Municipality

THE FOLLOWING SHOULD BE SUBMITED FOR REALIZATION OF FINANCING:

- 1 Cadastral file copy (issue not older than 30 days)
- Real estate Sales contract prepared by notary public
- 3 copies of appraisal of a court-appointed appraiser (when mortgage is security collateral)
- Obligatory real estate insurance during financing period, in the name of BBI
- Financing processing fee 0.50%, 1.25% or 1.75% of the amount of financing
- Obligatory participation 1% of the amount of financing
- When financing is approved to buy two blank promissory notes
The Bank retains the right to request additional security instruments if deemed necessary.

RENOVATION OF FLAT OR HOUSE
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TERMS - SECURITY/COLLATERAL

Currently on offer BARGAIN TERMS for financings from:
• Up to 20,000 KM, no guarantors
• From 20,001 KM to 25,000 KM, minimum 1 guarantor
• From  25,001 KM to 35,000 KM, minimum 2 guarantors

• Over 35,000 KM
  Option I: mortgage over property of loan-to-value ratio  1:1.25
  Option  II: mortgage over property of loan-to-value ratio: 1:1 + minimum 1 guarantor
• Application processing fee: 1%, 1.75%, maximum 1,700 KM
• Obligatory participation minimum 1%
• MAXIMUM FINANCING PERIOD: 15 years
Required documentation

WHEN  AN APPLICANT IS AN EMPLOYEE OF A PUBLIC INSTITUTION  OR BUDGET ORGANIZATION

1. Financing application form (filled out and duly certified by employer)

2. Copy of registration of residence (CIPS form)

3.Copy of identity card

4. Attestation of income or salary list for the past three months

5. When the financing is approved the applicant is obliged to certify copy of identity card
    and pledge registration form in the Municipality

WHEN AN APPLICANT IS EMPLOYED IN A JOINT STOCK COMPANY

1.  Financing application form (filled out and duly certified by employer)
2. Copy of registration of residence (CIPS form)
3. Copy of identity card
4. Copy of M2 form
5. Salary list for the past three months
6. Current account statement for the past three months
7. When the financing is approved the applicant is obliged to certify copy of identity card
    and pledge registration form in the Municipality

WHEN AN APPLICANT IS EMPLYED IN A LIMITED LIABILITY COMPANY

1. Filled out Application form and duly certified by employer
2. Copy of registration of residence (CIPS form)
3. Copy of identity card
4. Copy of M2 form
5. Salary list for the past three months
6. Salary specifications certified by Tax Administration office for the past 3 months
7. Current account statement for the past three months
8. When the financing is approved the applicant is obliged to certify copy of identity card
    and pledge registration form in the Municipality

WHEN AN APPLICANT IS A RETIRED PERSON

1. Application filled out by Retirement and Disability Insurance Institute
2. Copy of registration of residence (CIPS form)
3. Copy of identity card
4. Pension checks for the last three months or an attestation of received pensions
5. When the financing is approved the applicant is obliged to certify copy of identity card
    and pledge registration form in the Municipality

 THE FOLLOWING SHOULD BE SUBMITED FOR REALIZATION OF FINANCING:

-Copy of Cadastral file of real estate that is being renovated
- Contract on execution of works, certified in Municipality or invoice, preliminary invoice of goods
-  Possibility of down payment of 30% of approved amount to current account, outstanding payment upon preliminary invoices (only in case of payment against  preliminary invoices)
- Financing processing fee: 0,50%; 1.25% or 1.75% of the amount of financing
- Obligatory participation 1% of the amount of financing
- When financing is approved to buy 2 blank promissory notes

WHEN FINANCING OBLIGES REGISTRATION OF MORTGAGE OVER REAL ESTATE THE FOLLOWING DOCUMENTATION IS REQUIRED:

- 1 Cadastral file copy (issue not older than 30 days)
- Three copies of real estate appraisal prepared by a court-appointed appraiser (when mortgage is security collateral)
- Obligatory real estate insurance during financing period, in the name of BBI
The Bank retains the right to request additional security instruments if deemed necessary.

MORTGAGE HOUSING CONSTRUCTION
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TERMS – SECURITY COLLATERAL

• Mortgage over property of loan-to-value ratio 1:1.25, no guarantors
• Mortgage over property of loan-to-value ratio 1:1, minimum 1 guarantor
• from 25,001 KM to 35,000 KM, minimum 2 guarantors

• Over 35.000 KM
  Option I: mortgage over property of loan-to-value ratio  1:1.25
  Option  II: mortgage over property of loan-to-value ratio: 1:1 + minimum 1 guarantor
• Application processing fee: 1%, 1.75%, maximum 1,700 KM
• Obligatory participation minimum 1%
• MAXIMUM FINANCING PERIOD: 15 years

Necessary documentation

WHEN AN APPLICANT IS EMPLYED IN A LIMITED LIABILITY COMPANY

1. FILLED OUT APPLICATION FORM AND DULY CERTIFIED BY EMPLOYER
2. COPY OF REGISTRATION OF RESIDENCE (CIPS FORM)
3. COPY OF IDENTITY CARD
4. COPY OF M2 FORM
5. SALARY LIST FOR THE PAST THREE MONTHS CERTIFIED AND SIGNED BY HEAD OF ACCOUNTING Dpt.
6. SALARY SPECIFICATIONS CERTIFIED BY TAX ADMINISTRATION OFFICE FOR THE PAST 3 MONTHS
7. CURRENT ACCOUNT STATEMENT FOR THE PAST THREE MONTHS
8. WHEN THE FINANCING IS APPROVED THE APPLICANT IS OBLIGED TO CERTIFY COPY OF IDENTITY CARD
    AND PLEDGE REGISTRATION FORM IN THE MUNICIPALITY

WHEN AN APPLICANT IS EMPLOYED IN A JOINT STOCK COMPANY

1.  FINANCING APPLICATION FORM (FILLED OUT AND DULY CERTIFIED BY EMPLOYER)
2. COPY OF REGISTRATION OF RESIDENCE (CIPS FORM)
3. COPY OF IDENTITY CARD
4. COPY OF M2 FORM
5. SALARY LIST FOR THE PAST THREE MONTHS CERTIFIED AND SIGNED BY HEAD OF ACCOUNTING Dpt.
6. CURRENT ACCOUNT STATEMENT FOR THE PAST THREE MONTHS
7. WHEN THE FINANCING IS APPROVED THE APPLICANT IS OBLIGED TO CERTIFY COPY OF IDENTITY CARD
    AND PLEDGE REGISTRATION FORM IN THE MUNICIPALITY

WHEN AN APPLICANT IS EMPLYED IN INSTITUTION PAID FROM BUDGET

1. FINANCING APPLICATION FORM (FILLED OUT AND DULY CERTIFIED BY EMPLOYER)
2. COPY OF REGISTRATION OF RESIDENCE (CIPS FORM)
3.COPY OF IDENTITY CARD
4. ATTESTATION OF INCOME OR SALARY LIST FOR THE PAST THREE MONTHS CERTIFIED AND SIGNED BY
  HEAD OF ACCOUNTING
5. WHEN THE FINANCING IS APPROVED THE APPLICANT IS OBLIGED TO CERTIFY COPY OF IDENTITY CARD
    AND PLEDGE REGISTRATION FORM IN THE MUNICIPALITY

WHEN AN APPLICANT IS A RETIRED PERSON

1. APPLICATION FILLED OUT BY RETIREMENT AND DISABILITY INSURANCE INSTITUTE
2. COPY OF REGISTRATION OF RESIDENCE (CIPS FORM)
3. COPY OF IDENTITY CARD
4. PENSION CHECKS FOR THE LAST THREE MONTHS OR AN ATTESTATION OF RECEIVED PENSIONS
5. WHEN THE FINANCING IS APPROVED THE APPLICANT IS OBLIGED TO CERTIFY COPY OF IDENTITY CARD
    AND PLEDGE REGISTRATION FORM IN THE MUNICIPALITY

THE FOLLOWING SHOULD BE SUBMITED FOR REALIZATION OF FINANCING

- 1 original Cadastral file of real estate
- 3 copies of appraisal of a court-appointed appraiser
- Obligatory real estate insurance during financing period, in the name of BBI
- Financing processing fee 1.25% or 1.75% of the amount of financing
- When financing is approved to buy two blank promissory notes

MORTGAGE CO-OWNER SHOULD DELIVER THE FOLLOWING:

- Filled out and signed Financing Application
- Certified copy of identity card
-Copy of registration of residence (CIPS form)

The Bank retains the right to request additional security instruments if deemed necessary.