Asas Al-Amal Real Estate Company — Solutions for the Saudi Market

Career Path for Private-Sector Employees

Mortgage Financing for Private-Sector Employees

We help employees of private companies and organizations—whether their employers are accredited or not—explore their available options without making any promises regarding approval; the final decision is subject to the policies of the financing institution.

The estimated result does not constitute financing approval; approval is subject to the financing entity's terms and conditions.

1A clear preliminary assessment with no promise of approval
2A Preliminary Study Based on Income, Length of Service, and Place of Work
3Compare products, then place your order to proceed

How can we help employees of private companies and organizations?

We help employees of private companies and organizations—whether their employers are approved or unapproved—explore their available options without making any promises of approval; the final decision is subject to the lender’s policies. Asas Al-Amal Real Estate compares the solutions best suited to each situation and helps complete the property purchase process without making any promises of guaranteed approval.

Who is this service for?

Employees of companies approved by financial institutions

We'll review the suitability of the solution based on your data and the available product.

Employees of non-accredited institutions who wish to explore alternatives

We'll review the suitability of the solution based on your data and the available product.

Homebuyers with a steady income

We'll review the suitability of the solution based on your data and the available product.

Factors Affecting Eligibility for Funding

A Guide to Mortgage Financing for Private-Sector Employees

If you work for a private company or organization and are looking for a mortgage, the assessment begins with your monthly income, length of service, salary stability, financial obligations, and credit history, in addition to the lender’s policy regarding your employer. We help you compare the available options for buying a house or apartment without making any prior commitment to approve your application.

Who is this service for?

An employee of a certified or non-certified company with a steady income who wants to determine their financing capacity before choosing a property.

What determines eligibility?

Income, age, length of employment, obligations, credit history, property value, and down payment, in accordance with the lender’s policy.

How do you get started?

Estimate your eligibility, compare offers, and then choose the right product and property before completing the paperwork.

Mortgage Products Suitable for Private-Sector Employees

You can explore mortgage products based on your situation, including purchasing a ready-to-move-in residential unit, financing a unit under construction within a licensed project, building your own home, or purchasing land, depending on the products available from lenders. You can also compare financing offers or request a property.

Ready-to-move-in residential unit

Suitable for anyone looking to purchase a ready-to-move-in villa or apartment after verifying the appraisal, documents, and financing capacity.

Self-Construction or Land and Loan

This program is intended for those who own land or wish to purchase it; payments, completion rates, and terms vary depending on the product and the lender.

Housing Assistance for Private-Sector Employees

Eligibility for housing subsidies is determined based on the beneficiary’s information and applicable official regulations; the calculator’s result does not constitute final approval. Use the housing subsidy calculator for an estimate, then verify your eligibility status and available services through the official Sakani platform andthe Real Estate Development Fund.

Does an unaccredited employer prevent access to mortgage financing?

Not necessarily; lenders have different policies, and income, length of employment, credit history, and financial obligations are evaluated on a case-by-case basis.

Can housing assistance and mortgage financing be combined?

Subsidized financing programs may be available to eligible beneficiaries; eligibility and product details must be verified with Sakani, the Real Estate Development Fund, and the financing institution.

What is the best real estate product for my situation?

The choice depends on eligibility, the down payment, the property’s stage of development, and the appropriate repayment term; therefore, ready-to-move-in units, units under construction, and self-build options are compared before a decision is made.

Official Sources for Verification

These links are for official reference only; approval of funding, support, and ownership remains subject to the relevant authorities and the most current regulations and policies.

Find Out Your Estimated Benefits and Private-Sector Options

Enter your information into the financing calculator so we can conduct a preliminary assessment of your financing capacity and help you choose the real estate product that best suits your situation.

Calculate Your Financing and Enter Your Information

Steps to Obtain the Service

Entering Basic Data
Preliminary Feasibility Study
Comparison of Available Solutions
Selecting a Property or Product
Completing the Documentation and Procedures
Track the request until the process is complete

Common Preliminary Documents

Required documents may include a valid ID or proof of residence, proof of income, a bank statement, a statement of liabilities, and real estate documents, if available. This is a sample list and may vary depending on the customer’s circumstances and the lender.

Frequently Asked Questions

Can an employee of a non-accredited company obtain a mortgage?

Some institutions may offer solutions based on income, length of service, and credit history, but approval is not guaranteed. Regulations and policies are subject to change, and the final decision rests with the relevant official and financial authorities.

What is the impact of length of service in the private sector?

Each funding agency sets a different minimum threshold, and length of service may affect the approval of the application and its terms. Regulations and policies are subject to change, and the final decision rests with the relevant official and funding authorities.

Is it possible to buy a house while still having financial obligations?

We can review your case; however, your financial obligations will affect your financing eligibility and the available loan amount. Regulations and policies are subject to change, and the final decision rests with the relevant official and financing authorities.

How do I know which organizations are relevant to my industry?

We compare available policies and products based on employer, income, age, and financial obligations. Regulations and policies are subject to change, and the final decision rests with the relevant official and financial authorities.

Your Next Step: Calculate Your Financing and Enter Your Information

Enter your basic information so we can begin exploring private-sector options and help you move from evaluation to selecting a product and property.