You can track your financing applications 24/7 via the Vakıf Katılım Mobile Branch and stay informed about the process.
Housing finance is a type of interest-free financing offered by participation banks. A mortgage, on the other hand, is an interest-bearing product offered by conventional banks.
According to participation finance principles, housing financing is permissible under the murabaha contract. There is no objection to its use.
You can apply by visiting any Vakıf Katılım branch or by filling out an online application form. After completing the required form for the housing finance application, our bank will contact you.
The amount of financing available depends on the limits set by the bank and the financing terms. Generally, financing is provided for a portion of the home’s value.
Second-hand housing financing is financing provided for homes that have been previously purchased, either directly from the owner or through a broker.
The age of the property is not a factor in housing finance. Financing is available for properties of any age.