Frequently Asked Questions
-
What is the difference between a flat rate and a reducing rate of interest?
-
How to calculate mortgage affordability?
-
Why do banks require a security cheque when getting a mortgage?
-
What is a security cheque?
-
Can my housing allowance be taken into account for my mortgage?
-
Can my bonus be taken into account for my mortgage?
-
What is an NOC?
-
Is it possible to get insurance to cover my mortgage payments in the event of an accident, sickness or unemployment?
-
Can I get a mortgage to finance an off-plan property purchase?
-
Can I get a mortgage to finance my handover payment?
-
Can the costs of purchasing a property be incorporated into the mortgage?
-
Can I release equity from my property as a non-resident?
-
Can I take a mortgage to make a final payment to the developer where I have purchased directly from them?
-
Do banks charge buildings insurance?
-
Are there any penalties for settling my mortgage early?
-
Can I make overpayments on my mortgage?
-
What is a title deed?
-
What is the difference between freehold and leasehold property?
-
Can I buy a plot of land with a mortgage to build a property on?
-
What is the difference between an Islamic and conventional mortgage?
-
What is EIBOR and how can I check these rates?
-
What is a reversion rate?
-
What is the difference between a fixed rate and a variable rate?
-
Can I buy a property with my spouse?
-
What types of property can I get a mortgage on?
-
Do I need life insurance to get a mortgage in the UAE?
-
What is an MOU and why do I need this?
-
I am self-employed. Can I get a mortgage?
-
What is the first step to getting a mortgage in the UAE?
-
How long does it take to get a mortgage?
-
What is the process to get a mortgage in the UAE?
-
What are the age limits for getting a mortgage?
-
Do you perform credit checks for a mortgage in the UAE?
-
What documents do I need to get a mortgage?
-
Can my parents or family members help me get a mortgage?
-
Can I take a personal loan for the down payment?
-
What if my down payment is too small?
-
How much down payment do I need for a mortgage?
-
How much can I borrow?
-
Can non-residents get a mortgage in the UAE?
-
Can expats get a mortgage in the UAE?
-
What are the requirements to get a mortgage in the UAE?
-
What are the typical mortgage rates in the UAE?
-
What are the costs of purchasing a property in the UAE?
-
What fees do I need to pay when getting a mortgage?
-
Should I go to my bank directly for a mortgage?
-
Why should I use a mortgage broker?
-
What is a mortgage broker?
-
How does salary transfer or non-salary transfer impact my mortgage repayments?
-
Can I leave the UAE if I have a mortgage?
-
Why should I get pre-approved for a mortgage before looking for a property?
-
What is mortgage pre-approval?
-
How do I choose the best mortgage products?
-
What are exclusive mortgage products?
-
What type of mortgage products are available in the UAE?
-
What is a mortgage?
Explore FAQs categories
Our partners include some of the largest financial institutions in the UAE
- Emirates NBD
- Mashreq
- Standard Chartered
- HSBC
- Rakbank
- Fab - First Abu Dhabi Bank
- ADCB
- Arab Bank
- Samba Bank
Need more help?
Call us now
+971 52 822 7053
Our team of brokers can help with all of your home loan and commercial finance needs