The Housing Bank for Trade & Finance House Loan
|Minimum Salary needed||Not mentioned|
|Maximum amount available||Unlimited loan ceiling|
|Length of Loan||25 Years|
|Profit Rate||7% offer is extended to 31-12-2014|
|Upfront Fees ( if any )||Not mentioned|
|Eligibility||Monthly payment will be calculated based on selected interest rate ; Financing up to 100% of the real-estate estimated value|
|Main Features||Grace period of up to 24 months; Free life insurance coverage; No guarantor needed; Pre-approved credit card with free subscription fees for the first year; Expatriate financing|
The Housing Bank for Trade & Finance is a Jordan based financial institution.
The Housing Bank for Trade & Finance is a Jordan based financial institution that was founded in the year 1973. Headquartered at Amman, the bank plans to offer its clients with highly innovative and customer friendly banking services. The Housing bank has about 14 subsidiaries that operate in the Middle East, Africa and Europe. It is owned jointly by Qatar National Bank, Public Institution for Social Security, Kuwait Real Estate Investment Consortium and Libyan Foreign Bank. The bank is currently listed at the country’s leading stock exchange – Amman Stock Exchange. It offers a full range of banking products like loans, credit and debit cards, bank account and so on.
Amman, the capital of Jordan, is a magnet of multinational corporations. Its relaxed attitude to western ways of life gives it an incredible advantage over other Arabian cities in the region when it comes to attracting foreign investment. In fact, Amman has been grouped together with Dubai and Abu Dhabi as an important financial center in the Middle East. And on the other side, the city has been attracting a large number of tourists over the past years. In fact, with a population of 4 million, Amman attracts over 8 million tourists every year. This brings in major financial gains for the native population and economy.
A house loan can help you have your dream home with ease of mind.
A house loan from the Housing Bank for Trade & Finance can help you have your dream home with ease of mind.
The bank not only offers competitive interest rates, but also a payback period that can stretch up to 25 years.
You are not required to provide any guarantor for the loan. The bank can fund up to 100% of the estimated value of the property.
You also get free life insurance coverage for the period of the loan.
You can apply for the loan to purchase a new home, constructing a home, buying a plot of land or expanding an existing building.