It is an initiative for the benefit of in-service military personnel (on-job personnel) to obtain housing units, and the applicants for the Ministry of Housing or Development Fund to provide an interest-free additional loan covering 20% of the value of the property and a maximum limit of 140 thousand riyals in addition to funding through mortgage loan program through Funding agencies of an amount reaching 500 thousand riyals for the purchase of housing units or self-construction, where the initiative is part of the private sector stimulus plan launched by the local content and private sector development.
The Targeted Segment:
-
Beneficiaries of the Ministry of Housing
-
Real Estate Development Fund beneficiaries
Product types: -
Purchasing a ready-made housing unit from the market
-
Purchasing a ready-made housing unit from the Ministry of Housing projects
-
Purchasing a housing unit under construction from the Ministry of Housing projects
-
Self- construction
More