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Housing Loan

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Housing Loan – Begin a new life in your new home

You can listen to this article by using any hearing aid tool

Housing Loan – Begin a new life in your new home

I'm looking for a loan to help me cross the border!

Get financing up to 700,000 JOD

Features

 

  • Preferential interest rate
  • Include ex-pats, freelancers, and entrepreneurs
  • Ability to finance the entire home furniture at 0% interest with a separate personal loan that is not included in the housing loan
  • Loan-term life and property insurance coverage
  • Possibility to buy loans with preferential interest rates and no mortgage fees
  • Option to use family income if spouses want to take out the loans together
  • First-year housing and construction loans are exempt from loan granting commission

 

Loan TypeHousingConstructionOffice
Maximum financing amount700,000 JOD700,000 JOD150,000 JOD
Maximum repayment period300 months300 months180 months
Loan financing percentage90%100%60%

Conditions

  • The minimum loan amount is 15,000 JOD
  • The minimum salary transferred is 400 JOD
  • The minimum repayment period is 12 months

Required documents

  • A valid Jordanian national ID
  • A valid passport and residency permit for non-Jordanians and for expats
  • Proof of income
  • A copy of the initial selling contract
  • A copy of the land registration deed
  • Land plot sketch
  • Site plan
  • Property evaluation or construction cost evaluation from the bank
  • Salary slip for the previous 6 months
  • Salary transfer letter for resident salaried customers
  • Bank account statements for the last 6 months for salaried customers and 12 months for freelancers
  • Social security statement
Housing Loan Calculator
JOD
 

For more information, call our contact center available 24/7 at

06-5007777 

*Subject to bank’s terms and conditions*

You can also Read: My Salary in Advance

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