Jordan Mortgage Refinance Company

The Jordan Mortgage Refinance Company (JMRC) is a public shareholding company established in 1996 with the support of the Central Bank of Jordan and the World Bank. Its core mission is to strengthen the housing finance market in Jordan by providing medium- and long-term refinancing to banks and financial institutions. This enables lenders to offer more accessible and affordable housing loans, especially to middle- and low-income citizens. JMRC plays a critical role in improving homeownership rates and supporting national housing strategies.

To fund its operations, JMRC issues bonds in the local capital market through both public and private subscriptions. Since its inception, the company has issued over 2.6 billion Jordanian Dinars in bonds and granted more than 2.5 billion JD in refinance loans. It also works with Islamic banks to support Sharia-compliant housing finance products. With a lean structure and a focused mandate, JMRC continues to be a key player in Jordan’s financial ecosystem, helping bridge the gap between housing demand and accessible credit.