You may be eligible for a one-time loan to buy a first apartment.
Loan amount
The amount of the loan depends on the medical condition as established in the Medical Boards, and ranges from NIS 589,554 to NIS 859,114.
Loan terms
The loan is conditional upon presenting income certificates and financing sources and guarantors are required. See the breakdown of the loan rules here.
How to receive the loan?
To receive the loan, the rehabilitation worker must be presented with a grant/loan application (BL/590), an apartment purchase contract (the contract should state on which floor the apartment is located and whether there is an elevator in the building), a certificate of lack of housing from the Ministry of Construction and Housing or an affidavit signed by an attorney explaining why there is no such certificate, and a receipt for payment. In case of an apartment under construction, one must add a building permit, a quote regarding the cost of construction, an agreement or contract with the contractor on the execution of the construction and approval of a supervisor, engineer or architect on the construction of the framework.