Best Housing Loans – Public Sector Employees (May 2021)

May 8, 2021 by AmwalCom

Finding the best housing loan that best suits your need in Jordan is a long and tiring process. This is because you would need to visit a few banks or call each of the banks with a long waiting period on the line. You might end up not getting the information you need after all that.

To make it simple for you and to give you fast, accurate, and updated information, we did this homework for you. All you need to do is relax and read this article to know the best interest rates in Jordan for housing loans for public sector employees.

Please note that all offers below require a salary transfer to the bank and assumes a DBR of 50%

1- Bank of Jordan

• Interest Rate: 5.58%
• Min. Salary: 350 JDs
  
• 80% financing for 25 years
  

2- Jordan Kuwait Bank

• Interest Rate: 5.75%
• Min. Salary: 300 JDs
  
• 100% financing for 30 years
  
• No commission or mortgage fees
  

3- Al-Rajhi Bank

• Interest Rate: 5.75% for the first year
• Min. Salary: 300 JDs 
• 90% financing for 30 years

4- Safwa Islamic Bank

• Interest Rate: 5.75% for the first year 
• Min. Salary: 300 JDs
• 90% financing for 25 years

5- Housing Bank

• Interest Rate: 5.75% for salaries> 1000 JDs 
• Interest Rate: 6.75% for salaries between 250 JDs and 1000 JDs 
• 80% financing for 30 years

6- Bank Al Etihad

• Interest Rate: 5.75% for salaries> 1000 JDs 
• Interest Rate: 6.25% for salaries between 350 JDs and 1000 JDs 
• 80% financing for 20 years 
• Interest rate increases by 0.5% if financing is for 25 years 
• No commission or mortgage fees for loan amount > 40,000 JDs

7- Jordan Commercial Bank

• Interest Rate: 6.25% 
• Min. Salary: 350 JDs 
• 80% financing for 30 years 
• No commission or mortgage fees

** To compare all home offers loans click here
**All offers are subject to banks terms and conditions
**This article is not sponsored by any party