The Real Estate Development Fund deposited more than 773 million riyals in the accounts of citizens from the beneficiaries of the «Residential» program from the Ministry of Housing and the Real Estate Fund, for the month of August... «Mortgage Loan»...

<The Fund announced this in a press release, explaining that the monthly deposit in the accounts of beneficiaries comes in support of the profits of subsidized mortgage contracts, which was allocated this month about 207 million riyals, in addition to 566 million riyals for the beneficiaries of the initiative to support mortgage loans for military personnel, indicating that the Real Estate Fund announces this monthly, it emphasizes its full commitment to monthly support for all beneficiaries. ... «Mortgage Loan»...
For his part, the General Supervisor of the Real Estate Development Fund, Khaled bin Mohammed Al-Amoudi, said: The total amounts deposited in the accounts of the beneficiaries of “subsidized mortgage financing” since the announcement of the transformation in June 2017, until the end of last August, amounted to one billion and 375 million riyals, while the total amounts deposited for the beneficiaries of the housing loan initiative for military personnel in service amounted to five billion and 560 million riyals, provided as a good loan to be repaid after the completion of the repayment of the main loan. ... «Mortgage Loan»...
Al Amoudi explained that the Real Estate Fund achieved in the month of “July” Last July, the Real Estate Fund achieved the highest level of signing real estate financing contracts in the history of financing agencies, amounting to about 16 thousand financing contracts, indicating that the Fund's share of the total financing market increased by 90%, which confirms the continued growth of residential real estate loans provided to individuals from all financing agencies from banks and financing companies. ... «Mortgage Loan»...
He pointed out that the initiatives, programs and enablers have facilitated the beneficiary citizen's financing and housing options, in addition to the available electronic services, indicating that the Fund achieved the first place in the services and development sector and among the top 15 government agencies providing its services electronically according to the government services maturity report “Yesser” for the second quarter of 2019... «Mortgage Loan»...
He pointed out that all strategic plans and programs aim to achieve the directives and aspirations of our wise leadership to support citizens« ownership of housing, stressing that more than 121 thousand subsidized real estate contracts were signed until the end of July 2019, indicating that the beneficiary satisfaction indicators achieved more than 87% about programs and initiatives, explaining that these indicators indicate the confidence of citizens in the initiatives and programs of the subsidized mortgage loan. ... »Mortgage Loan«...
It is noteworthy that the beneficiary citizen can complete the procedures for obtaining a mortgage loan through more than 30 e-services available on the website, as well as benefiting from the real estate advisor service through the application on smart devices, with ease and ease. ... »Real Estate Loan"...