28.01.2026 11:05
It is expected that the first home housing loan, which will enable low-income citizens to become homeowners, will be offered with an interest rate of 1.20 and a maturity of 180 months. DAİMFED First Vice President Mehmet Faruk Bozkurt stated that the credit package is expected to revitalize the construction sector, which has been stagnant for a long time.
The first home loan, which those who want to become homeowners for the first time are eagerly awaiting, aims to provide loans at an interest rate of 1.20 for a term of 180 months. It is expected that the construction sector, which has been stagnant for a long time, will revive with this loan package.
"THE LOAN PACKAGE WILL REVITALIZE THE SECTOR"
Mehmet Faruk Bozkurt, the 1st Vice President of the Federation of Eastern Mediterranean Construction Contractors (DAİMFED), made statements regarding the matter. Bozkurt said, "The first home loan is a financing access project especially for low and middle-income citizens who do not own a home. Under this loan, citizens will be able to access credit, especially through public and partner private banks. This loan covers both new and second-hand homes," he stated.
Bozkurt also explained that the loan term will extend to 15 years, stating, "The loan interest will be 1.20 and the term will be 180 months. Citizens will become homeowners as if they are paying rent," he expressed.
On the other hand, Bozkurt emphasized that the low loan interest will also revitalize the sector.