Home Equity Readymade Property:
Home Equity Readymade Property is designed for customers who desire to get large amounts of cash against mortgaging their property in favor of Riyad Bank, then repossess it through flexible monthly installments.
Home Equity Incomplete Property:
Home Equity Incomplete Property from Riyad Bank provides you with financing solutions specially designed to meet your needs and offers cash in hand that will enable you to continue construction works. This gives you the ability to pay installments towards the construction progress of your property, interior and exterior.
Home Finance features and benefits:
Financing amount up to SAR 5 million
Possibility of having more than one finance
Possibility of early settlement
Cooperative insurance against all risks
Exemption in case of death or permanent disability and transfer of ownership of the property to the heirs in accordance with the insurance coverage
The possibility to calculate the financing amount to 77 years for the Governmental and Private sector, and 75 years to the Military sector
For Home Finance APR disclosure, click here