Societe Generale - Home Loan for Public Sector

Reducing Rate
5.5%
Max. Financed Period
30Yrs
Min. Monthly Income
200JD
Down Payment
10%
Guarantor Required
No
Salary Transfer
Yes
Quick Info
  • Grace period up to 12 months
  • 45% DBR
  • Financing up to 90% of Property Value
Main Features
  • Buying or Constructing Loan
  • Financing 80% of property value if loan tenor for 30 years
  • Financing 85% of property value if loan tenor for 25 years
  • Financing 90% of property value if loan tenor for 20 years
  • The loan ranges from JOD 5,000 to JOD 350,000
  • Free life and property insurances
  • No mortgage fees
Required Documents
  • Real estate property registration form
  • Land scheme and regulatory site plan
  • Occupancy permission or building permit
  • Property value estimation from bank’s accredited evaluator(s)
  • A preliminary contract of sale
  • Proof of income
  • Value estimation for the finishing and construction work as well as a construction license