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