one of the most important mortgage products...

Many of those wishing to own by buying or renting real estate units through the Wafi program (off-plan sale) and whether the customer is a beneficiary of the support of the Real Estate Fund or others, this program is considered one of the most useful and useful programs for the buyer, especially in light of the wonderful organization of the program and the sequence of steps and procedures and supervision by the Ministry of Housing represented by the Wafi program.

Mortgage financing in short is a financial transaction between a bank or a financing company that aims to obtain a residential or commercial property in exchange for paying that cost in multiple financial payments in monthly or quarterly installments, but what distinguishes off-plan contracting has several advantages, the most important of which are:

• The off-plan sale is considered more economical for the customer by a percentage ranging between 15-25% according to estimates, as the customer is buying a real estate unit off-plan, that is, it is just a project and needs at least two to three years to be delivered.
• The off-plan sale gives the customer the advantage of choosing and modifying many stages, especially in the final finishes, and this represents the most important features of the product as the customer is able to modify, choose and so on.
• The possibility of making a profit if the project is completed and the unit is delivered to the customer when it is offered for sale.

The aim of this program is for the beneficiary or applicant to obtain a suitable housing with a system of regular and easy payments according to the completion of the phase of the project commensurate with his monthly income and meet his needs within a relatively short period of time with full guarantees and supervision by the Ministry and the Wafi program.

The aim of this program is to obtain a suitable housing with full guarantees and supervision by the Ministry and the Wafi program.