1.0ضماناتhttps://damanat.com.sa/en/rich600338<blockquote class="wp-embedded-content" data-secret="zgOaoBJEgG"><a href="https://damanat.com.sa/en/our-products/mgs/">MGS</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://damanat.com.sa/en/our-products/mgs/embed/#?secret=zgOaoBJEgG" width="600" height="338" title="“MGS” — ضمانات" data-secret="zgOaoBJEgG" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://damanat.com.sa/wp-includes/js/wp-embed.min.js </script> Makken Product Product Description A specialized mortgage guarantee designed specifically to enable financing forbeneficiaries categorized as “semi-bankable,” providing them access to mortgagefinancing through partial coverage of the risks faced by financing institutions. Type Individual Mortgage Financing Guarantee Product Product Objective Achieve Housing Program goals aligned with Saudi Vision 2030, aiming for a 70%homeownership rate through: Facilitating access to mortgage financing for applicants of the subsidized financingprogram, ensuring fairness across all community segments. Sharing risk with financing entities by reducing financing risks for target segments  Increasing homeownership among citizens. Product Launch 2017 Target Segments Citizens applying for the subsidized financing program. Financing entities (banks and financing companies) interested in offering mortgagefinancing. Guarantee Features Credit risk coverage up to 100%, based on income segments. Expanding eligibility to include semi-bankable citizens. Strengthening the confidence of financing entities in providing mortgage financing. FAQ 1. Who benefits from the individual mortgage guarantee (Makken)? Beneficiaries of the subsidized financing program, according to the eligibility criteria of the guarantee. 2.What is the credit risk coverage percentage in this guarantee? It covers up to 100% of the financing amount in case of default. 3. Are there any fees for the individual mortgage guarantee? Currently, there are no fees. However, fees may be determined in the future based on risk-based pricing for each financing transaction, in line with the company’s strategy and aspirations. 4. Which financing entities participate in this product? All financing institutions (banks and finance companies) that provide mortgage financing. 5. What are the conditions for a citizen to obtain the guarantee? Requirements are subject to the eligibility criteria agreed upon with financing institutions. 6. Does the guarantee cover properties across all regions of the Kingdom? Yes, it covers all regions of the Kingdom of Saudi Arabia. Beneficiaries of the subsidized financing program, according to the eligibility criteria of the guarantee. It covers up to 100% of the financing amount in case of default. Currently, there are no fees. However, fees may be determined in the future based on risk-based pricing for each financing transaction, in line with the company’s strategy and aspirations. All financing institutions (banks and finance companies) that provide mortgage financing. Requirements are subject to the eligibility criteria agreed upon with financing institutions. Yes, it covers all regions of the Kingdom of Saudi Arabia.