Housing Loan

Overview

You’re one step closer to owning your dream house. Whether you want to purchase a new house or refurbish your current residence, our housing loans offer you comprehensive solutions.

Housing Loan Benefits:

  • A loan value of up to JD500,000
  • Funding of up to 90% of the home’s value
  • Discounted and competitive interest rates
  • Repayment periods of up to 300 months (25 years)
  • 1% commission only for the first year
  • The ability to buy loans from other banks at competitive interest rates
  • Joint loans for immediate relatives and family members
  • Complimentary life insurance for the debtor throughout the repayment period

Eligibility

  • Minimum age of 21 years old
  • Minimum income required is JD 400 for private sector employees and JD 300 for government sector employees 
  • To have a verified income
  • The property to be financed must be approved by the Bank first 

Required Documents

  • A valid Jordanian ID or a valid passport for non-Jordanians
  • Salary transfer letter
  • Signed and stamped three-months salary slips
  • Signed and stamped six-months bank statement
  • Utility bill 
  • Liability/clearance letter
  • Property registration document (property deed) and land blueprint (land map issued by the Land Registration Department), and site location blueprint for the property to be financed
  • A report of the estimated value of the property issued by an accredited evaluator of AJIB
  • Initial sale contract of the property
  • Proof of advanced payment

Loan Calculator

Calculator

Get an indication of what you could pay each month

Commissions for the first year only (loan amount X 1%),the customer will pay off evaluation/reevaluation fees

Calculator

Get an indication of what you could pay each month

Commissions for the first year only (loan amount X 1%),the customer will pay off evaluation/reevaluation fees