Safwa Islamic Bank - Property Financing for Private Sector

Reducing Rate
5.75%
Max. Financed Period
25Yrs
Min. Monthly Income
400JD
Down Payment
10%
Guarantor Required
No
Salary Transfer
Yes
Quick Info
  • Refinancing of traditional-bank residential loans
  • Min. salary for Non-accredit companies: 500 JDs
  • Fixed rate for the first year
Main Features
  • Financing up to 90% of the property value
  • Financing up to 25 years
  • Financing up to 400,000 JDs
Required Documents
  • A valid national ID for Jordanians and a passport for non-Jordanians
  • Bank account statement
  • Details of the real estate/car/goods to be purchased
  • For salaried employees: A recent proof of monthly wage, a recent salary slip
  • For professionals: A recent professional license, proof of professional practice, syndicate membership
  • For freelancers: A recent professional license, commercial record
  • For Jordanians living abroad: certified proof of salary
  • For non-Jordanian residents: Valid residency for no less than 3 years, security clearance