A non-resident looking for a Mortgage Broker

Mortgages and finance The UAE mortgage and lending market had remained a very elite institution until recently with banks only lending to large scale developers. However, with the increasing number of developments and the slow growth of the property market, banks have been forced to open up their doors to end users and investors as well. Though interest rates are still relatively high, local demand has been strong for borrowing. More banks are offering higher lending today as opposed to a year ago, but repayments are still a burden. Which lenders offer the best rates? What developments do they finance? What criteria do they use? If you have any valuable insight, please share it with others here.

LinkBack

Thread Tools

Display Modes

(#1 (permalink))

STC Offline

Junior Member

Posts: 1

Join Date: Feb 2008

A non-resident looking for a Mortgage Broker - 29-02-2008, 10:10 PM

Hi Folks,

I'm a non-resident looking to buy, would like advice on buying, financing and good areas in and/or around Dubai like Ras Al-khaimah (I heard about it as an upcomming market in real estate)
any suggestion....???
Would like some info on mortgage system and brokers who offer financing to non-residents.

Thanks

Sponsors

« Previous Thread | Next Thread »

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Becoming a mortgage broker in Dubai	dave1976	Mortgages and finance	7	28-09-2008 05:07 AM

Morocco Property Forum | Shirdi Sai Baba | Overseas property investment | Middle East property news