Make your dream home a reality. With Jordan Kuwait Bank’s competitive interest rates, the Housing Loan is designed to suit your needs when buying, building, or even renovating your home.
Features
- Competitive interest rate starting from 7.624%.
- Loan tenor up to 30 years.
- A grace period of up to 6 months in case of purchase, and up to 12 months for construction.
- Mortgage fees are covered by the Bank.
- Free life insurance coverage.
Terms and conditions
- Minimum salary transfer 350 JOD.
- Maximum DBR is 50% for transferred salaries, and 40% for self-employed persons, non-resident Jordanians, and non-Jordanians.
- Minimum employment for the borrower is 6 months for transferred salaries, and 12 months for self-employed persons, non-resident Jordanians, and non-Jordanians.
- The minimum age is 21 years, and must not exceed 70 years at the end of the loan tenor.
Required documents
- Salary slip for the last month.
- Bank statement for the last 6 months.
- Social Security statement.
- Valid national ID.
- Company registration certificate or a valid professions license, and a lease contract or a title deed of the project site for professionals.
