"Sakani" Funding Guide for Housing Products
The "Sakani Funding Guide" is a service launched by the "Sakani" platform, affiliated with the Ministry of Municipal, Rural Affairs, and Housing and the Real Estate Development Fund in Saudi Arabia. Its goal is to assist beneficiaries in selecting the best housing finance programs that match their needs and financial capabilities. This service offers various options for housing finance, making it easier to own a home that suits different segments benefiting from housing programs and support.
Services of the "Sakani Funding Guide"
The "Sakani Funding Guide" offers several features and services, including:
Exploring Available Financing Options
The guide presents a list of available financing products for beneficiaries of "Sakani" programs, such as subsidized mortgage loans, ready unit financing, self-building financing, and financing for purchasing units under construction.
Comparing Financing Options
The guide allows beneficiaries to compare available financing programs based on conditions, installments, and interest rates, helping them make the best decision.
Estimated Installment Calculation
Beneficiaries can use the financing guide to calculate their expected monthly installment based on income, repayment period, and financing percentage, providing a clear picture of financial commitments.
Applying for Financing Products
After selecting the most suitable financing product, beneficiaries can directly apply for financing via the Sakani platform through the funding guide, saving time and simplifying the process.
Consultation with Financial Experts
The guide provides the option to consult certified financial advisors for advice on the best options and financing products that suit the beneficiary's financial situation.
Support for Meeting Financing Eligibility Requirements
The guide offers guidance on how to meet the necessary criteria for obtaining financing, such as improving creditworthiness or providing required documentation.
Types of Financing Products Available through "Sakani"
The platform offers several subsidized housing financing products, including:
Subsidized Mortgage Loans
Loans with government support to reduce interest rates.
Ready Unit Financing
To support the purchase of new, ready-made housing units from the market.
Self-Building Financing
To assist in building homes on land owned by the beneficiary.
Financing for Units Under Construction
To help purchase housing units that are still under construction.
Benefits of the "Sakani Funding Guide"
Easier Selection of the Best Financing Option
Offers multiple choices that suit different financial situations.
Transparency
Provides clear information about installments, conditions, and financial commitments.
Time and Effort Savings
Beneficiaries can apply for and track financing requests online.
Better Financial Planning
Helps beneficiaries estimate installments and financing costs.
The "Sakani Funding Guide" serves as an essential tool to support citizens in making effective financing decisions, helping them achieve their dream of owning the right home, and enabling them to benefit from the government housing support in a way that aligns with their capabilities and circumstances.