This program provides the best and most optimal financial solutions to enable you to own a dream house through our mortgage loans, covering real estate and housing. The details are as follows:

Types of Mortgage Loans:

• Financing the purchase of apartments, housing units, and clinics.
• Financing the purchase of real estate.
• Financing construction, maintenance, improvements and finishes.
• Royal Ownership Initiative loans: Good Home, Good Life. 

Financing the Purchase of Apartments, Housing Units and Clinics :

Program Benefits:

• Financing up to 750,000 JDs.
• Financing for up to 30 years.
• Competitive interest rate.
• Commission 1% of the loan amount paid only once.
• The actual annual percentage is calculated according to the interbank interest rate when implementing the loan.
• Financing rates for purchase up to 90% of the estimated value of the property.
• A grace period of up to 6 months.
• Insurance on the borrower's life and real estate in favor of the bank.
• Possibility of financing without a guarantor.
• Possibility of purchasing a loan from another bank.
• Possibility of getting the bank's Visa credit card. 

Financing Real Estate Purchases: 

Program Benefits:

• Financing up to 200,000 JDs.
• Financing for a period of up to15 years if the residential purpose is proven( supported  and proven either by a construction permit or a request to obtain a construction loan simultaneously with a land purchase financing loan), if the residential purpose is not proven, the financing period is up to a maximum of 8 years only.
• Competitive interest rate.
• Commission 1% of the loan amount paid only once.
• The actual annual percentage is calculated according to the interbank interest rate when implementing the loan.
• Financing rates for purchase up to 75% of the estimated value of the property.
• Insurance on the borrower's life in favor of the bank.
• Possibility of financing without a guarantor.

Financing Construction, Maintenance, Improvements and Finishes: 

Program Benefits: 

• Financing up to 500,000 JDs.
• Financing period for up to 15 years for finishing purposes.
• Financing period for up to 8 years only for maintenance and improvements purpose.
• Financing period for up to 25 years for construction purposes.
• Competitive interest rate.
• Commission 1% of the loan amount paid only once.
• The actual annual percentage is calculated according to the interbank interest rate when implementing the loan.
• Financing up to 90%.
• A grace period of up to 6 months.
• Insurance on the borrower's life and real estate in favor of the bank.
• Possibility of financing without a guarantor. 

Minimum Salary Requirements:

• 400 JDs net for the public and private sectors.
• 1,000 JDs for professionals and the self-employed.
• 1,000 JDs for resident non-Jordanians and 2,000 JDs for expatriate Jordanians.
• The age of the borrower should not be less than 21 years and not be more than 70 years at the end of the loan period.

Required Documents:

• Copy of the national ID card.
• Using the bank's approved assessor to access the value of the real estate to be financed, or a letter of allocation for the Royal Ownership Initiative loans (Good Home, Good Life).
• For real state loans residential purpose proof l(application for a building loan and/or a construction license).
• Real estate registration deed, plot plan, site plan, and building permit.

Client Income Sources:

• Salary certificate for the last 3 months for the public sector and for the last 6 months for the private sector, for non-Jordanian residents and for Jordanian expatriates, account statement for the last 6 months.
• Other sources of income / public car rental contracts.
• For expatriates: Work contracts and residence permits.
• Social security statement for private sector employees.
• Sources of Income for Professionals and the Self-employed:
• Active professional license.
• Commercial registration.
• Syndicate membership.
• Last 6 months' bank statement
• To find out more about the commissions and fees charged by the bank, please kindly visit the bank's website at the link Table of Fees and Currencies
• This product is subject to the bank's terms and conditions*.
• The bank reserves the right to stop working on the product and/or modify it at any time it deems appropriate.
• The bank reserves the right to accept or reject any application submitted for this product.

Royal Ownership Initiative loans (Good Home, Good Life)

The Egyptian Arab Land Bank offers you the option of financing your home through the Royal Ownership Initiative loans (Good Home, Good Life). Apply now and benefit from the features shown below:

• Financing up to 100,000 JDs.
• Financing up to 30 years.
• A decreasing interest rate of 5%.
• Financing up to 100%.
• The minimum loan amount is 5000 dinars.
• Life and real estate insurance.
• Mortgage/seizure of the property at 100% of the loan value.
• This product is subject to the bank's terms and conditions*.