Home news Conditions for obtaining a subsidized real estate loan 1446 in Saudi Arabia

Conditions for obtaining a subsidized real estate loan 1446 in Saudi Arabia

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Many people usually want to know the conditions for obtaining the subsidized real estate loan, as this issue is one of the prominent topics that a large number of people want to know, and for this reason we and through our site we will share all the information on this topic.

Conditions for obtaining the subsidized real estate loan

Through the following lines of the conditions for obtaining the subsidized real estate loan:

  • The applicant must be a Saudi national.
  • The applicant must be between 21 and 60 years.
  • Owning the applicant is a stable and stable income that enables him to pay the loan.
  • A good credit record for the applicant, without previous problems in paying debts or loans.
  • The applicant must register in the housing program submitted by the Ministry of Municipalities and Housing.

The papers required to apply for the subsidized real estate loan

Through the following lines, we will share the required papers to apply for the subsidized real estate loan:

  • Definition letter by the employer.
  • A copy of the employee and military card, through which his rank must be clarified.
  • Another salary was revealed 3 months sealed by the bank.
  • Financial application form.
  • A salary definition certificate from the employer or a voucher with the last salary.
  • A copy of the national ID card is valid.

Conditions of real estate loan from Al -Rajhi Bank

In the same context, we show you the conditions of the real estate loan from Al -Rajhi Bank:

  • Bring the national identity card.
  • Providing a declaration of a disclosure of the applicant’s personal financial obligations.
  • Submit a sketch to clarify the shape of the property.
  • The service period should not be less than 4 months in the government sector.

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