Sometimes applying for a mortgage can leave you disappointed and keep you from securing the home you’ve always wanted. Fortunately, we’re here to help you avoid these common mistakes and navigate through these challenges. But what exactly are these common mistakes, and how can you avoid them? Employment Status Mortgage lenders require more than just being employed to approve your application....
Increasing your mortgage borrowing capacity is essential for those looking to purchase a home or invest in property. By implementing certain financial strategies, individuals can enhance their eligibility for larger loans. This introductory guide explores key steps to expand your borrowing capacity. Through these measures, you can position yourself for greater financial flexibility and increase your...
The UAE is set to experience interest rate reductions in 2024, pending US Federal Reserve rate cuts. Despite the market's strong performance, concerns about mortgage buyers' purchasing power have been raised. Mortgage buyers are expected to regain a competitive edge, causing tenants to weigh purchasing a property or renting. Property buyers in the UAE are predicted to shift to mortgages in 2024 as...
Searching for your dream home in the UAE begins with browsing through property portals online. While this is a great starting point, it's essential to consider your budget and before you delve further into your property search, it is highly recommended to obtain a mortgage pre-approval. The real estate market in UAE is highly competitive and properties sell quickly. By viewing properties without having a...