The Real Estate Development Fund deposited more than 773 million riyals into the accounts of citizens who are beneficiaries of the \u00abSakani\u00bb program run by the Ministry of Housing and the Real Estate Fund for the month of August\u2026 \u00abMortgage\u00bb\u2026.<\/p>\n
The Fund announced this in a press release, explaining that the monthly deposits into beneficiaries\u00ab accounts are intended to supplement the returns on subsidized mortgage financing contracts, with approximately 207 million riyals allocated for this purpose this month, in addition to 566 million riyals for beneficiaries of the Mortgage Support Initiative for Military Personnel. The fund noted that by announcing this on a monthly basis, it reaffirms its full commitment to providing monthly support to all beneficiaries. \u2026 \u00bbMortgage Loan\u201d..
\nFor his part, Khalid bin Mohammed Al-Amoudi, General Supervisor of the Real Estate Development Fund, said: The total amounts deposited into the accounts of beneficiaries of the \u201cSubsidized Real Estate Financing\u201d program since the announcement of the transition in June 2017 until the end of last August reached 1.375 billion riyals, while the total amounts deposited for beneficiaries of the Housing Loan Initiative for Active-Duty Military Personnel reached 5 billion 560 million riyals, provided as a charitable loan to be repaid after the principal loan has been fully repaid. \u2026 \u00abMortgage Loan\u00bb..
\nAl-Amoudi explained that last July, the Real Estate Fund achieved the highest number of mortgage contracts signed in the history of financial institutions, reaching approximately 16,000 mortgage contracts, noting that the Fund\u2019s share of the total financing market rose by 90%, confirming the continued growth of residential mortgage loans provided to individuals by all financing institutions, including banks and finance companies. \u2026 \u201cMortgage Loan\u201d..
\nHe noted that these initiatives, programs, and tools have made financing and housing options more accessible to beneficiaries, in addition to the available e-services, noting that the Fund ranked first in the services and development sector and was among the top 15 government agencies providing services electronically, according to the \u201cYusr\u201d Government Services Maturity Report for the second quarter of 2019\u2026 \u00abMortgage Loan\u00bb\u2026.
\nHe noted that all strategic plans and programs aim to fulfill the directives and aspirations of our wise leadership in support of home ownership for citizens, emphasizing that more than 121,000 subsidized real estate contracts had been signed by the end of July 2019, noting that beneficiary satisfaction ratings exceeded 87% for the programs and initiatives, and explaining that these ratings reflect citizens\u00ab confidence in the subsidized mortgage loan initiatives and programs. \u2026 \u00bbMortgage Loan\u201d..
\nIt is worth noting that eligible citizens can complete the procedures for obtaining a mortgage through more than 30 online services available on the website, as well as take advantage of the mortgage advisor service via the mobile app, all with ease and convenience. \u2026 \u00abMortgage\u00bb..<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>The Real Estate Development Fund deposited more than 773 million riyals into the accounts of citizens who are beneficiaries of the \u00abSakani\u00bb program run by the Ministry of Housing and the Real Estate Fund, for the month of August\u2026 \u00abMortgage Loan\u00bb\u2026 The Fund announced this in a press release, explaining that the monthly deposit into beneficiaries\u2019 accounts is intended to supplement the profits from subsidized mortgage contracts, with approximately 207 million riyals allocated for this purpose this month\u2026 Read more<\/a><\/p>","protected":false},"author":10,"featured_media":26420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"\u0625\u064a\u062f\u0627\u0639 \u0623\u0643\u062b\u0631 \u0645\u0646 773 \u0645\u0644\u064a\u0648\u0646 \u0631\u064a\u0627\u0644 \u0641\u064a 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