Residential Finance: Overview

Take the first step towards owning your home with SNB residential finance products. Whether you're buying your first home or considering investing in a property, SNB has the right Residential Finance solution for you.

• Admin fees is 1% of the loan amount or 5000 whichever less.
• The finance amount is 90% of the property’s value in the first residential finance, either from SNB or any other finance banks or institutions.
• The finance amount is 70% of the property’s value if there is a previous residential finance, either from SNB or any other finance banks or institutions.
• All SNB Residential Finance solutions are Shariah compliant.
• All solutions are offered with flexible financing options (Murabaha and Ijarah with fixed interest rate)
• Finance amount up to 7 Million.
• The option to have a residential finance with a personal finance through our 2 in 1 program, allowing flexible payments and a higher Residential Finance amount.

Summary of insurance policies for property & life 

Click here to experience the mortgage calculation examples

Or visit the nearest branch of the Saudi National Bank, or call the toll-free number 8002441005

* Terms and conditions apply

** Annual Percentage Rate starts from 6.86% calculated on the amount of funding 590,000 for a period of 5 years, including management and assessment fees (1% of funding or 5000 Real value, whichever is less).