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A source close to the real estate fund provides an additional loan of up to 140,000 riyals to beneficiaries aged 50 and over, as well as more civilians and retirees, including the military, adding that it was adding to the loan basic up to 500 000 riyals to take advantage of the purchase of prefabricated housing or under Creation.
With regard to the criteria for admission to the program, the source stated: "The beneficiary must be aged 50 and over and be on the list of persons registered in the Real Estate Development Fund or the Ministry of Housing, including including civilian and military pensioners. "
Of the products available, the source said: "ready units, units under construction, self-build".
Regarding the repayment mechanism, the source said: "Basic mortgage 500,000 SR start with the repayment of the loan 140,000 other loans begin to repay the loan Hassan after the repayment of the basic loan.
And about the inscription on the link: here
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