jordan pulse -

Arab Bank recently launched a new promotional campaign for housing loans, offering customers, including Jordanian expatriates, the opportunity to secure real estate financing with a package of exclusive benefits and preferential terms for a limited time.
The campaign, which will run until October 31, 2026, aligns with the bank's ongoing commitment to delivering innovative and flexible financing solutions that meet diverse customer needs. The new campaign offers a highly competitive interest rate of 6.25%, along with complete exemptions from processing fees, mortgage registration fees, and property appraisal fees for both new housing loans and debt buyouts. Furthermore, it offers financing up to 100% of the property value, giving customers greater flexibility in achieving their homeownership plans.
The campaign also automatically enters customers who secure a housing loan during the promotional period into a weekly draw to win JOD 20,000. This adds substantial value to the experience of owning a "dream home" and helps alleviate the financial burdens associated with it.
Arab Bank customers can obtain an instant, in-principle loan approval through the "Bayti" (My Home) service available on the "Arabi Mobile" app. As the first-of-its-kind integrated digital service in Jordan, it allows users to apply for a housing loan and receive preliminary approval within minutes. It also provides smart tools to help customers search for properties digitally, engage in financial planning, and calculate loan values based on their financial standing and specific criteria, such as property size and desired location.
Commenting on the launch of this campaign, Mr. Yacoub Matouk, Head of Consumer Banking at Arab Bank – Jordan, emphasized Arab Bank's continuous keenness to provide the best offers and flexible financing solutions that match customers' aspirations and support their future plans. He added that this new campaign offers those wishing to own residential property a real opportunity to benefit from competitive financing privileges that reduce their financial obligations, enabling them to make decisions with confidence and peace of mind.
It is worth noting that Arab Bank provides integrated personal financing solutions that include a diverse suite of loans spanning real estate, personal, and auto loans. These come with competitive advantages including loan amounts tailored to customer needs, flexible repayment periods, and preferential interest rates, all delivered through streamlined and fast procedures.