Mortgage - an agreement that allows you to borrow money from a bank or similar organization and pay it back in installments over the period of agreed time with an added interest rate amount. This tool makes our dreams of owning property achievable and affordable. It is not scary to apply for a mortgage, as you probably think when you have a guidance of a trusted mortgage advisor.
Why rent, when you can own?
We can all agree that it is better to purchase a property rather than paying towards a rent. A mortgage is a way which helps you purchase an asset without putting your entire savings into that asset. With the advice of a professional mortgage consultant, you can stop paying off your landlord’s mortgage, and start investing in your property and future.
As a UAE resident, you are entitled to obtain financing for up to 75% of the property value, depending on the income eligibility. We have mortgage solutions for non-residents as well, - up to 50% financing is achievable.
What to consider while choosing the mortgage provider?
- Initial interest rates
- Follow-on rates
- Cost of mortgage application
- Insurance fees
- Settlement fees
- Partial settlement fees
Considering these factors, our mortgage advisor can help you choose the most comfortable terms and conditions.
At iMac Properties, we seek to do much more than help you find the perfect property. We also want to make sure that you increase your wealth and improve your lifestyle.