Program Particulars

Villas & Apartments:

• 5,000,000 SAR Financial Limit
• 5,000 SAR Minimum Monthly Income
• 10% Minimum Down Payment
• 20-65 Years Age Criteria

Lands:

• 2,000,000 SAR Financial Limit
• 5,000 SAR Minimum Monthly Income
• 30% Minimum Down Payment
• 20-65 Years Age Criteria

Multi-Family Buildings:

• 10,000,000 SAR Financial Limit
• 5,000 SAR Minimum Monthly Income
• 30% Minimum Down Payment
• 20-65 Years Age Criteria

Refinance Program:

• 5,000,000 SAR Financial Limit
• 5,000 SAR Minimum Monthly Income
• 30% Minimum Down Payment
• 20-65 Years Age Criteria

Commercial Program:

• 10,000,000 SAR Financial Limit
• 50% Minimum Down Payment
• 20-65 Years Age Criteria

Expatriates Program:

• 2,500,000 SAR Financial Limit
• 10,000 SAR Minimum Monthly Income
• 20% Minimum Down Payment
• 20-60 Years Age Criteria
• Resident in Saudi Arabia for at least 5 years.
• Must obtain approval for home ownership by the KSA Minister of Interior (MOI).

Disclosure Tables:

Disclosure of Interest Rates on Financing and Savings Products instructed by SAMA:
Example: Residential Mortgage (Ijarah) (1):

(1) Depending on the risk profile of the consumer, pricing can change for some customer as compared to the above example.
(2) First time homebuyer.
(3) Rate fixed for 1 year and then variable rate based on 12 months SAIBOR + 3.80%