<The Real Estate Development Fund (REF) is considering a new housing ownership program under the name (Early Ownership Program) for housing units under construction by developers, to take advantage of the off-plan sales program recently approved by the Ministry of Commerce to sell housing units, and this program, if approved by the Board of Directors of the Real Estate Fund (REF). This program, if approved by the Board of Directors of the Real Estate Fund, can enable the citizen who applied to the Real Estate Fund previously - on the condition of land - but needs a long period until he can obtain his loan, and at the same time wishes to buy a residential unit (under construction) from a (qualified) developer, he can pay the developer directly if the loan is due, according to the agreement (promise to pay).. The Real Estate Fund is studying the qualification options that will be mostly the responsibility of the Ministry of Housing, and making use of its capabilities within the partnership program with developers.

On the other hand, the Real Estate Development Fund is expected to start re-examining the accelerated loan program with financing facilities from banks and real estate finance companies, for applicants to borrow from the Fund and on waiting lists, which is the program that was approved, but its implementation was delayed, especially after the financing facilities expressed their readiness to cooperate with the Fund and disburse the accelerated loan to applicants, provided that the Fund bears the cost of the loan and pays it to the facility.

The Real Estate Development Fund will study the options for qualification, which will mostly be the responsibility of the Ministry of Housing, and pay it to the facility.

RDF will provide guarantees to the financing facility in case the borrower defaults, as an important step to encourage banks and financing companies to support Real Estate Fund borrowers and this step comes in support of those wishing to benefit from the additional loan.

The Real Estate Development Fund has reworded the clause on the availability of all services and facilities for lands that deserve an investment loan, within the executive regulations for investment loans that were previously approved by the Board of Directors, and although the amendments requested by the Board of Directors; it includes drafting aspects, it is expected to be approved soon and directly start investment loans for individual landowners and developers located within the urban area.

The Board of Directors of the Real Estate Development Fund has reworded the clause on the availability of all services and facilities for lands that deserve an investment loan. <The Board of Directors of the Real Estate Fund has approved the provision of loans on units that are separated from the property mortgaged to the Fund or that have been released from the mortgage according to specific controls that have been approved, and one of the cases that apply to it is that some borrowers construct a residential building that is mortgaged to the Real Estate Fund and includes a number of apartments. pointing out that many cities, such as Jeddah in particular, have a large number of units to which this case applies, or that a person who built a split villa (villa and apartments) from the Fund's loan and wishes to free any of the units in it, he can do so, and apply the loan to the new buyer.