Your home loan could just be one application away. It’s that easy!
QNB offers you a complete and comprehensive variety of tailored home loan solutions to suit your taste and budget. We offer simple and convenient access to the finest range of finance options to help build your dream house.
If you’re salaried or self-employed, you can benefit from our high loan amounts, competitive interest rates, a wide network of approved developments, and a quick approval process.
Eligibility
Qatari Nationals
Residents/Expats
Minimum Income
QR 2,000
QR 15,000
Minimum Age
18 Years
21 Years
Maximum Age (at maturity of the loan)
70 Years
60 Years
Benefits and Features
Ready Property Finance
QNB home loans offer you the flexibility of choosing a completed property from either the primary (direct from the developer) or secondary (resale) market, with the advantage of financing your dream home from our wide network of approved development projects.
Key Features
High loan amounts of up to QAR 12.5 million per property
Loan tenure up to 30 years
Attractive Interest rate options
For Qatari nationals and resident expatriates (salaried and self-employed)
Wide network of approved developments to choose from
Simple documentation and quick processing
Equity Release Finance
You can now access cash from your owned property with QNB’s Equity Release Mortgage Loan. Terms & conditions apply.
Key Features
High loan amounts of up to QAR 5 million
Flexible repayment tenure options
Attractive Interest rate options
Available to Qatari nationals only (salaried and government rent income customers)
You can apply via an email with your personal details (nationality, employer, phone number, email), visit our branches or Mortgage Center in Lagoona Mall, or contact our Customer Care Center on 4440 7777.
Who can apply for a Mortgage Loan?
Qatari nationals & expatriates.
What’s the min/maximum age for Qatari nationals to apply for a Mortgage Loan?
From 18 to 70 at maturity of the loan.
What’s the minimum/maximum age for an expat to apply for a Mortgage Loan?
From 21 to 60 at maturity of the loan.
What is the maximum loan amount permissible per individual, excluding interest?
Loan limit is QR4,000,000 for Qatari nationals and QR3,000,000 for expats.
What’s the maximum loan tenure?
Loan tenure is from 180 to 240 months for Qatari nationals, depending on whether they are salaried or self-employed. Tenure for expats is from 180 to 240 months, also depending on whether they are salaried or self-employed.
What’s the maximum exposure per individual customer?
For Qatari nationals, it’s QR12.5m (principal amount + current liabilities inside and outside QNB). For expats, it’s QR3m (principal amount + current liabilities inside and outside QNB).
How long does it take to process a Mortgage Loan application?
The process takes seven working days subject to submission of all required documents.
How is the Mortgage Loan evaluated?
Your application will be evaluated according to your income stream, employment history and stability, your ability to meet current obligations as well as new ones (credit bureau report), the value of the property being purchased, and your assets to assess your ability to meet your down payment.
What is a pre-approval?
A pre-approval would help you determine your eligibility for a Mortgage Loan before you decided to finalize a property purchase.
Is insurance required?
Yes, both life insurance and property insurance are mandatory before disbursing the loan. The property insurance premium is calculated according to the cost of the property and is available only through SEIB insurance company (Qatar branch). The amount of the insurance premium will be debited from your account prior to the final disbursal and each year thereafter. A property insurance certificate will be delivered to you by the insurance company. Life insurance is also mandatory from Qatar Insurance Company (QIC) with the insurance premium already added to the EMI.
What are the required documents for a Mortgage Loan?
For Salaried Employees:
Application form
Original QID (Qatari ID)
Original Passport with valid visa (for expats)
Salary certificate addressed to QNB
Original bank statements for the last six months (if salary is transferred to another bank)
Liability letter addressed to QNB (if loan is transferred from another bank)
Photocopy of signed Purchase Contract
For Self-employed:
Application form
Passport copy with valid visa (for expats)
Personal bank statements for the last six months
Business bank statements for the Last 12 months
Liability letter addressed to QNB (if loan is transferred from another bank)
Audited financial statements for the last 2 years (if available)
Trade license copy
Copy of Commercial Registration
Governmental or private rental contract (if rental income is considered)
Photocopy of signed Purchase Contract
Is it mandatory to transfer my salary to QNB?
Yes. Your salary has to be transferred to QNB (for salaried segment).
How is the approval communicated?
Once your loan is approved, workflow will send you an SMS notification with the status of the loan and our Relationship Officer at the Mortgage Loan Center will contact you for the offer letter, which will be provided upon approval. You will need to complete the formalities within 30 days of issuance. The offer letter is valid for a period of 60 days to allow you to complete the formalities.
General Definitions:
Loan-To-Value Ratio (LTV): The relationship between the amount of the Mortgage Loan and the appraised value of the property expressed as a percentage. A LTV ratio of 70 means that a borrower is borrowing 70% of the value of the property and paying 30% as a down- payment. For purchases, the value of the property is assumed to be the purchase price, and for refinances the value is determined by an appraisal.
Down-Payment: Money paid by a buyer from his own funds, as opposed to that portion of the purchase price which is financed.
I acknowledge that all the following information is complete & correct according to the best of my knowledge & without any responsibility on the Bank.
Kindly open a temporary account in my name according to the following Terms, Conditions & Pledges:
This account is:
An individual temporary & personal account non-usable till my arrival to the State of Qatar & presenting the needed documents to open an account according to the Bank's conditions & the regulations of Qatar Central Bank.
This account is for personal use only & not meant for any commercial purpose
The maximum amount that could transferred to this account is QR 50,000 (Fifty thousand Qatari Riyals) or the equivalent in other currencies
In case of a late arrival surpassing 30 days to the declared date of entering the State of Qatar & presenting the requested documents as well as signing the Account Opening Forms, the Bank has the right to close the account without notice & return the funds to the source account without any commissions & at the current currency value at the Bank at the time of return on condition that the source account is still open
Once all requirements are met, the account will be opened as a current one & all banking operations will be permissible, in addition to enjoying all regular banking services & credit offered by the Bank to its customers.
The Bank is not responsible for any leakage of information belonging to the customer due to the hacking of his computer while communicating with the Bank.
The Bank reserves the right to accept or reject the opening of the account without any reasons.
These Terms & Conditions are subject to change in accordance to the Bank's policy & as published on its electronic website.
The documents that must be provided with this electronic form are:
A copy of a valid passport
A copy of the job offer
A copy of the Visa to Qatar
Eligibility and Terms and Conditions for scholarship applications
You are eligible to apply for a scholarship if you meet the criteria and conditions listed below:
The applicant must be a Qatari citizen.
The applicant must hold a secondary school certificate with a percentage of not less than 70%, and in case the applicant is still studying and registered at university his/her cumulative average GPA score should be at least 3.0
The field of study should be according to the needs of the Bank and the approval granted.
The scholarship program stipulates to passing induction tests conducted by the desired University / College.
A student should abide by the specified time limit for graduation and must excel in the approved major.
A student may not change specialization without prior permission from the Bank (Coordinator of Student Affairs Department, QNB Human Resources dept.)
The student must adhere to the regulations and the specific procedures prescribed by the curriculum of the university and the Bank as mentioned in the scholarship contract.
The student must work for the bank for one years for every year of study immediately after graduation. If he/she does not graduate within the period agreed upon, or does not complete the study, or does not work at the bank after graduation, the student pledges to pay the fees determined by the scholarship contract and the internal regulations of the bank.
The student must be committed to studying and to the working hours as per the scholarship contract and the regulations of the university and the Bank while maintaining the appropriate performance required of the student in the scholarship contract.
No absence is permitted during studies or exams except with an official leave of absence that is accepted by the University citing legitimate reasons.
Health insurance
In case of acceptance for a scholarship, the applicant will be subject to the following initial conditions (details and conditions will be added in the final contract):
×
Page Route
This link may allow you to access a non- website. QNB has no control over the linked website and is not liable for the use of it.
Do you wish to proceed to /sites/qnb/qnbqatar/document/en/TCMortgageloan?