Posted on: 5th November 2014 in Mortgage & Property
If you are hesitant to take out a mortgage in the UAE for fear of changing interest rates and prepayment penalties that can double whimsically, here are tips to get expat-friendly mortgages. Opt for fixed-rate contracts. Never take out a mortgage with a bank until you have a contract that guarantees the mortgage terms you agree on. It will preclude the bank from changing interest rates and penalties. Go through the pre-qualification process. You can do this by meeting with the mortgage consultant of the bank where you wish to take out a loan. You need to supply sufficient details about the following things:We have 18 offices across the globe and we manage over $2billion for our 20,000+ clients
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