Housing loan is designed to suit customers' needs for flexible options to buy, build or maintain at a competitive price. .
Advantages
- Competitive interest rates starting from 7.35%
- Repayment period of up to 30 years.
- A grace period of one year in case the loan covers construction financing, and 6 months in case the loan is financing the purchase.
- The bank endures 100% of the property's mortgage fees.
- Free life insurance.
Terms and Conditions
- Minimum salary transfer 350 JOD.
- Maximum DBR 50%. for customers with salary transfer and 40% for free income earners and non resident Jordanins and non Jordanians.
- The minimum employment for borrower[s] is 6 months for customers with salary transfers and 12 months for free income earners , 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.
