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Self Construction

    • Funding self-construction for those who own land and want to build their homes as they wish, through mortgage on installments paid by participated Funding agencies in the program.

     

    Key advantages of self-construction funding:

     

    • To receive the amount of funding on installments according to the progress of completion.
    • To have a construction period from 18 to 36 months.
    • There is a reduced installment during the construction period with some funding agencies.
    • The holders of a monthly income of SAR 14,000 or less (basic salary + housing allowance) after deducting insurance or retirement for a sum of SAR 500,000 by 100%.

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