What is the ruling on borrowing from the real estate bank?

The questioner : Question, O Shaykh, regarding the brothers, the issue of borrowing from the real estate bank in this country. It is a long question; may I read it in full? Every citizen has the right to borrow from the state to build a residence for himself, and the amount of the loan is three hundred thousand riyals, only once. Then it states that the borrowing has been done by me, and therefore I am not entitled to borrow again according to the system. And I did not benefit from it, because all the brothers participated in it, and it is in my name.
Then it says: Another person borrowed, but he does not need it. And of course, the value of the loan, as is known, is three hundred thousand riyals. And since the loan means waiting a period of four to five years, and because I need it and cannot build without it, he offered to sell it to me for twenty or thirty thousand riyals. Is there anything wrong with this?

The Shaykh : It is the very essence of riba; it is not permissible, because it is taking an increase in exchange for the loan. As for borrowing from the bank, it is a good thing, and there is no problem with it.
Please.

The questioner : May Allah reward you with good.