iib home loan
live your dream
Don’t put your dreams on hold. With iib home loan, you can choose to construct, renovate or buy the house you have always wanted.
Multi-purpose financing
Purchase
You can purchase a flat, an office, a house or land.
Construct
Construct your own home to meet your personal needs.
Renovate
Renovate or extend your current home or flat.
Invest
Purchase a property for investment purposes.
Use of the loan
- In case of acquisition, your account is credited for the loan amount after signing the deed
- If you requested a down payment, the account is simultaneously debited for the amortization of this advance
- In the case of a construction loan, the uses of capital are made available depending on the progress of the work and after inspection by iib. During this period of partial use of the loan, the customer only pays interest payments on the tranches made available. The maximum period for completion of construction and for partial uses is 24 months, after which loan repayment begins.
- If the loan includes financing for the purchase of land, your account is credited for the loan amount
Mortgage deed
- Please contact iib to have the deed marked
- The date of the deed is communicated to buyers, sellers, iib and guarantors, if any. All relevant persons must be present to grant the deed
- The deed is made for the purchase price and can be carried out at any notary office Direct Registration
- After carrying out the deed, the Conservatória will make the direct registrations
Use of the loan
- Location plan
- Listed Plants
- Updated Matrix Certificate (6 months)
- Updated Building Certificate (6 months)
- In case of acquisition: Copy of the promissory purchase and sale agreement
- In case of construction: Approved construction projects or declaration by the City Council on the feasibility of construction
- Approved project or works permit (if required)
- Measurements and budgets
- Description of the improvements to be carried out
- Declaration issued by the City Council on the feasibility of the construction, with an indication of the fundamental characteristics of the fire to be built
- Certified copy of the Allotment Permit, if any
Renovation
- Approved project or work permits (if required)
- Measurements and budgets
- Description of the improvements to be carried out
ICO loan transfers
- Updated debt statement
- Copy of previous deed
Required documents
- Copy of identification documents of buyers and sellers
- For corporates: Updated Commercial Certificate for acquisition
- Updated Head Office and Building Certificates
- For individuals: Identity Card or National Identification Card and NIF Declaration
- Insurance subscription/acceptance (Fire, Life and others)
iib current account
Easily manage your everyday finances wherever you are. iib current account makes it simple to check your balance, pay your bills and send money to friends and family.
iib boost term deposit
With iib boost term deposit, you can earn an increasing rate of interest in just 1 year. Enjoy a secure and regular income to help meet your expenses.
