Exclusive Loan Product for the First Time Buyers /  Residential Apartments 

Eligible Clients:

Jordanian residents and expatriates working in the private or public sector, in addition to professional Jordanian residents.

Product Details and Benefits:

• Fixed interest rate of 4.99% for the first 3 years.
• Maximum loan amount: 150,000 JOD.
• Financing up to 100%.
• Flexible repayment period of up to 25 years.
• Exemption from the 1% granting fee, with the bank covering the mortgage fees.
• Debt burden ratio up to 55%.

Initiative Conditions:

• Granting loans to clients purchasing residential apartments for the first time.
• The loan should not be for settling an existing loan.
• Excludes financing for a husband and wife if one of them already owns a residential property (this can be verified through an asset statement from the Land Department for both the client and their spouse).
• Excludes cases where the property is transferred to first-degree relatives.
• Financing is only for ready apartments and does not include construction or independent housing units.
• The client's monthly income is capped at 2,500 JOD.

All applications are subject to the bank's internal terms, conditions, and policies.