To grab the best mortgage deal, discuss with different lenders and find out how much you qualify for. For an initial assessment, the bank will need the borrower’s income and debt details, down payment, credit report, and other required documents. In UAE banks have a blend of a fixed rate followed by an Read More...
I am looking to buy some property for investment. Should I speak to a mortgage expert before starting my house hunting? Certainly, it’s extremely important to consult the mortgage professional first, if you target to support the purchase with bank funding and understand how much you can borrow. To do your eligibility Read More...
The Dubai real estate is relatively a mature marketplace and gives an opportunity to build wealth and establish the financial security. The current economic condition offers perhaps the best chance for home buyers and investors to appreciate the long-term cyclical nature of the real estate market. Deciding whether to buy or lease a home is among Read More...
I bought a hotel apartment at Business Bay. Currently, it’s an off plan project and the handover is in 2019. The SPA is being stamped by the developer. I paid Registration fees and 30 percent of the flat amount. Can I know my options to finance remaining amount? Certainly, the finance Read More...
Nowadays, most people opt for a mortgage to buy a property in the UAE, for a very unpretentious reason- mortgage products offered are in the buyer’s interest. But will this endure in 2017? We need to be observant. When we actually plan to step on the property ladder, one need not only to shop for Read More...
Today, people with existing mortgage exposure, look at re-mortgage as a great opportunity to reduce the mortgage cost, to unlock the property equity or to consolidate the debts. Well, the question comes, is it a smart move for every homeowner, and how refinance or re-mortgage can contribute to lower debt cost? Indeed, with the Read More...
While the statistics show that the majority of property purchases in the emirates are done in cash, but definitely the enduring low- interest rate entices the end-users more, as with this they can consider the option of offsetting rising rents with mortgage installments. Since the mortgage is a long- term commitment, it is Read More...
Buying a home is likely to be one of the enormous purchases and when we support that with mortgage finance, it’s always judicious to enlist the service of an independent mortgage consultant or a mortgage broker, who can lead you to make an informed financial decision in life. Mortgage Consultant helps to find the Read More...
Did interest rates drop, or Want to modify your mortgage length? Well, your sweet home is the most valuable financial asset, so be very wary and do your proper homework. Considering a mortgage broker for a home loan can be an added advantage to your decision. Since they have copiousness of lenders to Read More...
Dubai is one of the top cities of the world to live in and we are fortunate to reside in it. On an ongoing basis, many new professional expatriates arrive in Dubai with a planned financial savings objective of 2-5 years. But once you have completed 2 years, departing becomes a distant dream. In fact, Read More...