Best Home Loan in Jordan - April 2022

Apr 16, 2022 by Amwalcom

If you are about to buy a house and need a home loan from a Jordanian bank to complete the purchase; You will discover that it is difficult to make sure that you are eligible for this loan because there are many reasons for rejecting a home loan in Jordan, and even if you are eligible for financing, finding the best offer from the banks is a daunting task and a huge mental challenge!!

1- Jordan Kuwait Bank:

• 5.25% interest for 30 years and financing up to 80% of the property value

• Employees of unaccredited companies in the private sector can be financed, provided that a guarantor is available on special conditions

• The interest becomes 5.5% if the financing is more than 80% of the property value

2- Arab Jordan Investment Bank (AJIB)

• 5.5% interest for 30 years

• Financing up to 90% of the property value

• Employees of unaccredited companies can be financed in the private sector but at an interest rate of 10.25%.

• Financing up to 20 years only for employees of non-accredited companies

3- Bank Al Etihad

• 5.5% interest for salaries above 1000 JDs

• Financing up to 20 years and 80% of the property value

• The interest increases by 0.5% if the financing is for 25 years or more than 80% of the property value

4- Capital Bank

• 5.5% interest

• Financing up to 30 years and 80% of the property value

• The interest of 5.5% is available to the public sector (a salary of more than 400 JDS) and the accredited private sector with a salary of more than 700 JDs

• 5.99% interest and financing for up to 25 years for accredited private-sector employees with a salary of less than 700 JDs

• 5.99% interest if the financing is 80 - 84%

• 6.5% interest if the financing is 85 - 100%

5- Jordan Ahli Bank

• 5.5% interest for salaries over 1000 JDs

• Financing up to 25 years

• Up to 100% of the property value can be financed for the public sector and 90% for the accredited private sector

• Financing for companies accredited by the bank only

• The interest becomes 5.75% if the salary is less than 1000 JDs