Bank Al Etihad - Housing Loan Private Sectors (Salary above 1000 JD - up to 80% Financing))
Reducing Rate
5.5%
Max. Financed Period
20Yrs
Min. Monthly Income
1,000JD
Down Payment
20%
Guarantor Required
No
Salary Transfer
Yes
Quick Info
- Interest will increase by 0.5% if tenor is 25 years
- Interest will increase by 0.5% if financing is more than 80%
- Wavering of commission and mortgage fees for loans above 40000 JD
Main Features
- Company must be accredited
- Flexible financing of up to 80% of property value
- Minimum loan value of 15,000 JDs
- Maximum loan value of 500,000 JOD for housing property
- Free life insurance
- Offer subject to bank's terms and conditions
- Exemption from mortgage and commission fees for buyout loans
- A 3-month grace period when buying property, and a 12-month grace period when building
- With minimal documentation, get loan financing of up to 50%
- Loan postponements on your installments for up to 3 months
Required Documents
- A valid national ID or passport
- Latest salary, income letter, or employment verification document
- Property appraisal from an accredited evaluator
- Bank statements for the last 6 months if you are a new customer at the bank without a track record
