Arab Jordan Investment Bank - Home Loan for Private Sector

Reducing Rate
5.5%
Max. Financed Period
30Yrs
Min. Monthly Income
400JD
Down Payment
10%
Guarantor Required
No
Salary Transfer
Yes
Quick Info
  • Company must be accredited
  • No Commissions Fee
  • No Mortgage Fee up to 1000 JDs
Main Features
  • Salary must be transferred
  • Financing up to 90% of property value
  • A loan value of up to JD500,000
  • 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
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