Real Estate Financing Program
anb provides, in cooperation with the Ministry of Municipal, Rural Affairs and Housing and Real Estate Development Fund, a real estate financing to the citizens who have been approved in the real estate loan program by the Ministry of Municipal, Rural Affairs and Housing and Real Estate Development Fund to purchase or mortgage the property they want with facilitated procedures, after the citizen is awarded by the Ministry of Municipal, Rural Affairs and Housing and Real Estate Development Fund, and having fulfilled the anb standards applicable to him and the property, the citizen is granted the real estate loan program from the Bank, and the Bank supports the financing profits on its behalf, wholly or partially, for a financing amount no more than SAR 500,000, as determined based on the number of family members and income level (monthly).
- The repayment in fixed and affordable installments for a period of 25 years.
- The finance is granted to all workers in the government, military and private sectors, bank employees and retirees.
- Free choice of any of the mortgage program options (ready housing unit, housing unit under construction, mortgage, self-construction, land and loan).
- Free choice of any of the financing solutions (down payment reduction service, flexible installment).
- Exempting the heirs from repaying the remaining installments in case of death, “God forbid”.
- Sharia-Compliant financing.