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 rates starting from 7%.
• 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.