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Jordan – Property Financing

Mortgages for Foreign Nationals in Jordan

Are you a foreign national looking to invest in the vibrant and historically rich country of Jordan? If so, one of the key considerations for property investment is understanding the mortgage options available to you. This guide will provide insights into mortgages for foreign nationals in Jordan, local lenders offering these services, deposit requirements, and property ownership responsibilities.

Availability of Mortgages for Foreign Nationals

Jordan is open to foreign nationals looking to invest in its real estate market, and obtaining a mortgage is possible. However, there are certain factors to consider:

  • Residency Status: While being a resident in Jordan can simplify the mortgage application process, non-residents can also secure mortgages. Your eligibility and terms may vary based on your residency status.
  • Income and Creditworthiness: Local lenders will assess your financial stability, including your income and credit history, to determine your eligibility and the terms of the mortgage.
  • Property Type: The type of property you intend to purchase, whether residential or commercial, can influence the mortgage options available to you.

To explore your mortgage options, it is advisable to engage with local banks and financial institutions or consult with mortgage brokers experienced in assisting foreign nationals.

Local Lenders Providing Mortgages

Jordan has a well-developed banking sector, and several local lenders offer mortgage services to both residents and non-residents. Here are some prominent local lenders providing mortgages in Jordan:

These lenders offer various mortgage products with competitive interest rates and flexible terms. It’s essential to research multiple options, compare rates, and understand the terms and conditions before finalizing your mortgage agreement.

Deposit Requirements for Property Purchases

When purchasing property in Jordan, you will typically be required to provide a deposit as part of the transaction. The deposit amount can vary based on several factors:


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  • Property Value: In Jordan, the deposit requirement usually ranges from 10% to 20% of the property’s purchase price. Higher-value properties may require a larger deposit.
  • Lender’s Policies: Each lender may have its own policies regarding deposit requirements. It’s crucial to discuss this with your chosen lender.
  • Mortgage Type: Different mortgage products may have varying deposit percentages. Some lenders may offer more favorable terms for specific mortgage products.

Understanding the deposit requirements is essential for budgeting your property purchase in Jordan.

Responsibilities for Property Owners

Once you become a property owner in Jordan, you will assume various responsibilities related to property ownership:

  • Property Taxes: Property owners in Jordan are subject to property taxes, including the annual land tax. These taxes are typically calculated based on the property’s assessed value.
  • Maintenance and Upkeep: You are responsible for maintaining your property, which includes regular upkeep, repairs, and compliance with local regulations.
  • Utilities: Property owners are responsible for utility bills such as water, electricity, and gas.
  • Mortgage Repayment: If you have obtained a mortgage, you are responsible for making regular mortgage payments as agreed upon with your lender.

Additionally, property owners should be aware of their rights and obligations under Jordanian property laws, including regulations related to property use, renovations, and more. Legal professionals and property management experts can provide guidance to ensure compliance with local regulations.

For more information on mortgages and property purchase in Jordan, you can visit the official websites of Arab Bank, Housing Bank for Trade and Finance (HBTF), Jordan Commercial Bank, and Bank of Jordan.

In conclusion, purchasing property in Jordan as a foreign national is feasible, with mortgage options available from local lenders. Understanding eligibility criteria, deposit requirements, and property ownership responsibilities is essential for a successful property investment in this culturally rich country.


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