Home Expansion Loan

A Bigger Home for Bigger Dreams

Apply Now

Expand your home and your happiness! Our Home Expansion Loan helps you create a brighter future with more space for comfort and cherished moments.

What You Gain

We offer flexible terms designed to meet your needs, with a range of options to suit your budget:

  • No guarantor required.
  • Grace period of up to 12 months (3 months for expatriates).
  • Option for a joint loan, with both spouses’ incomes considered for loan eligibility.
  • Access to a debit card and online banking services.
  • Option to obtain a credit card with the first-year issuance fee waived.
  • Option to defer loan payments under specified conditions.

Conditions

We offer flexible terms designed to meet your needs, with a range of options to suit your budget:

  • Maximum Loan Amount: up to JOD 100,000.
  • Maximum Loan Term: 25 years.
  • Interest is calculated based on the published interbank rate.
  • View All Conditions
    • Maximum Loan Amount: up to JOD 100,000.
    • Maximum Debt-Burden Ratio: 50% for public and private sector employees.
    • Maximum Debt-Burden Ratio: 40% for expatriates, business owners and professionals.
    • Minimum Employment Duration: 12 months for private sector employees, 3 months for public sector employees, 2 years for municipal employees (with permanent contracts) and 2 years for business owners, professionals and expatriates.
    • Minimum Borrower Age: 21 years.
    • Maximum Borrower Age Upon Loan Granting: 65 years.
    • For expatriates, the borrower’s age must not exceed 60 years at the end of the loan term.
    • The borrower must not be listed on the Jordan Ahli Bank blacklist or have any outstanding returned cheques.
    • Minimum Salary/Income Requirements:
      • Public Sector Employees: JOD 400 (with a maximum debt-burden ratio of 90% of the salary deduction).
      • Private Sector Employees: JOD 500.
      • Expatriates, Business Owners and Professionals: JOD 1,000.
    • Minimum Loan Amount: JOD 5,000.
    • Financing of up to 100% of the approved expansion costs, as certified by the Real Estate Department.
    • Minimum Loan Term: 12 months.
    • Maximum Loan Term: 25 years.
    • Interest is calculated based on the published interbank rate.

Required Documentation:

When applying for this service, you will be asked to provide us with the following documents, specifying the category you fall under:

  • Valid National ID for Jordanian citizens.
  • Valid passport and residency permit for non-Jordanians and expatriates.
  • Proof of income.
  • View All Required Documentation
    • Property appraisal for land or roof intended for development, along with a copy of the title deed.
    • Land plot layout.
    • Zoning plan for the property.
    • Property appraisal for the house or construction costs by the bank’s approved appraiser.
    • Salary certificate or payslip for the last 6 months.
    • Bank statement for the last 6 months.
    • Social security statement.