Under Construction Loans

Want to build and finance your own new home, designed to your specifications, rather than an existing residential property?

Under Construction loan is the right choice for you!

Benefits

• Maximum limit up to JOD 500,000 (Inside Amman) JOD 300,000 (outside Amman).
• Minimum limit JOD 25,000.
• Loan tenor up to 30 years, minimum 3years.
• Grace period Up to 45 days.
• Competitive interest rate. (9%)
• Bearing payment with up to 3,6, 12 months.
• Loan percent of total value up to 80% please inquire.
• Age range 21-70.
• Free pre-approved credit card for the first year.
• Free life and property insurance.

How to qualify

1. Valid identification card for Jordanians.
2. Salary slip or certificate.
3. Updated statement of account for the past 6 months from the bank you are dealing with.