Residential Finance: Overview

The shortcut to your dream house

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 SAR 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.
  • Flexible finance options (Murabaha with fixed interest rate or Ijara with variable interest rate).
  • Finance amount up to SR 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

If you are a Wessam customer we offer you the following Residential Finance Program for the Affluent

If you are a member of the following sectors / companies you will receive a larger amount of funding with SNB

Learn more about SNB Home Financing at SNB AlAhli Aqar

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 4.74% calculated on the amount of funding 590,000 Riyals for a period of 5 years, including management and assessment fees (1% of funding or 5000 Real value, whichever is less).