Real Estate Re-Finance Product

A financing product that gives you the chance to receive an additional sum by refinancing your existing real estate loan with the bank, available as a financing option for all bank customers non-subsidized.


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Features that meet your needs:
• Sharia-compliant Murabaha (goods) financing.
• Competitive and fixed profit margin throughout the financing period.
• Customer receives the difference in amount after settling existing debt.
• Provision of initial financing estimate.
• Financing available up to the age of 75.
• Financing of up to 10 million Saudi Riyals.
• Possibility of financing for non-accredited entities.
• Repayment period of up to 25 years.
• Acceptance of ready units up to 30 years old.
• Option for flexible installment feature.
• Acceptance of properties kingdom wise.
• No down payment required.
• No real estate transaction tax applied.
• Financing without salary transfer.
• Monthly repayment schedule.
• Early settlement option available.
• Debt exemption in case of death or total disability (terms and conditions apply).
• Administrative fees and property evaluation fee of 1%, not exceeding SAR 5,000 will be applied.


Easier Requirements for a Better Service:
• Opening a current account with the bank.
• Credit approval for financing.
• Minimum 24 months since signing the existing real estate contract with the bank.
• Salary statement.
• Mortgage financing application form.
• Property details form.
• Copy of the property deed.
• Property location sketch. 



Or through the following channels:

• Via Alinma Bank Website.
• Alinma phone 8001208008.
• Visit the nearest branch.
*Terms and conditions apply.