Office No. 906, Bay View Tower,Business Bay P.O., Box: 32955, Dubai,UAE

Mortgage Consulting

Credit & Capital Consultancies is neither a bank nor a mortgage broker! We are a Consultancy company with activities focusing on mortgages consultation. We secure our clients the best mortgage products in the market and provide transaction consultation from start to finish. A bank will only offer their own mortgage products, whereas Credit & Capital can provide the right mortgage solution from hundreds of options available in the market, with many exclusive offers. When buying or refinancing a property in the UAE, we help you save money and reduce risk by securing the “best of breed” products and by providing expert consultation services. Credit & Capital has a mortgage consultancy proposition, So if you require the best financial advice, look no further, you have the right partner in Credit & Capital.

With so many mortgage companies in Dubai and in UAE, it is easy to select the Credit & Capital without any distractions. Although mortgage market in Dubai is vast, therefore, it is worth to pay attention on the best mortgage offer that are available at afford able price. Thus, the perfect mortgage deal will depend on two important factors i.e. time and money.

As one of mortgage consultant firm in Dubai and in UAE, we are proud to offer you:
(1)    Access to Low & Competitive Rates – Credit & Capital aim to provide is one of the best low cost mortgage consultant company in Dubai and in UAE which provide huge number of services to their target customers in competitive rates.
(2)   Transparent Mortgage Process – Credit & Capital Mortgage Services will guide you through the process until transfer.

View our Mortgage Process & Check List – Our team has high industry experience regarding mortgage loan eligibility, guidelines, application process and approval. Hence, they are aware of changing mortgage trends as well as consumer behavior towards mortgage loan approval process.

Exceptional Services – We have mortgage advisers across Dubai and UAE that offer you assistance in the following areas:

  • UAE Mortgages
  • Re-Mortgage and Equity Release
  • Buy-To-Let

At Credit & Capital Mortgage Services, we believe that everyone who can afford their own apartment or villa deserves their own home. Therefore, we aim to focus exclusively on the real estate market of Dubai, and offer solutions to both salaried and self-employed borrowers. From people who earn regular bonus or commissions, to people with more than one source of income and everyone in-between, we cater to all, and offer everyone professional and friendly service. In fact, everything we do, as the Dubai mortgage consultant, is designed to offer you maximum value, service and convenience. Whether you are buying your first home or purchasing investment properties in Dubai, Credit and Capital Mortgage Services is there to help you every step of the way. Considering Value, Service and Convenience as Mortgage Consultant in Dubai in mind, our expert worked day and night to provide incomparable and outstanding mortgage services in Dubai as well as in UAE.

What is a mortgage?

Mortgage is a loan that you get from a financial institution, usually a bank, to enable you to purchase or construct a new house or renovate your existing building. By availing yourself of a home loan in Dubai, you are taking the very first step towards acquiring your own asset that is going to fetch you many times its original value later on in life.

This is the present scenario in Dubai where the real estate market is undergoing tremendous appreciation and it only makes sense to acquire a home loan that will get you a solid asset as well as a great investment in something that will give you greater returns in future.

In order to understand your eligibility for a mortgage loan, monthly installments and the various fees you will have to pay before getting the loan sanctioned, you need to know about the mortgage calculator that gives you these details, so you can ascertain your affordability and decide on how much you need to borrow to invest in your new property.

What you should know before taking a mortgage loan in Dubai

  • The most important aspect of a mortgage is to have a realistic budget. You would need to understand the following before purchasing a property:
  • your affordability, so look for a property within your budget
  • You need to make a down payment for the house that you plan to buy and in UAE this would typically be 20% of the purchase price. Make sure that you will be able to pay this amount Understand the fee structure well before entering into a contract, for it should not be a burden on your pocket later Get to know about the principal, interest, insurance and taxes that are essential parts of a mortgage Be prepared to make regular repayments according to the EMI calculated based on the loan amount The same EMI rate may continue till your loan is fully repaid or it may be reset at fixed intervals Floating interest rates may change at any time. If it is reduced, you stand to benefit because you would be paying much less than the fixed interest rate, but if it is increased, you will have to pay a lot more interest on your loan. Make sure that you can afford the Dubai mortgage interest rate before you take the home loan A non-refundable processing fee of 0.5 to 1% of the loan amount is charged by the bank for processing your loan application whether or not you decide to take the loan You will be paying more by way of interest if you opt for the buy-to-let mortgage instead of the ownership mortgage as your intention is to profit from the investment If you want to prepay the Dubai mortgage loan from your personal savings, the bank does not charge you a fee but in case you are shifting your loan to a different lender, you will have to pay 1 to 2% of your loan amount as early settlement charges Be aware that by taking a mortgage loan, you enter into a legal contract with the lender, so non-payment of your debt will give the lender the right to resort to foreclosure, a term given to the process of selling your property to cover the loan amount. It would also affect your credibility to a great extent that it may be very difficult for you to purchase a new property later

EQUITY RELEASE

Equity Release is a term used when someone borrows against the value of their existing property. These funds can be used for any purpose and the interest payable is charged at mortgage rates.
Equity Release is a very cost effective way to raise cash needed for any reason whether it be to settle outstanding loans, to fund property renovations, business cash flows, to invest in another property in the UAE and/or overseas; or to fund children's educational expenses.

BUYOUT LOAN

Buyout loans are forms of banking transactions wherein banks and financial institutions re-issue already sold loans to new customers. These loans are offered to new customers at discounts, at times, and it’s also possible for multiple loans to be combined into one package that will be sold to investors as securities. The basic premise behind buyout loans is for the financial institution to not only get a compensation that will cover expenses while providing a marginal profit, but also for the investor or buyer to make healthy returns while repaying the loan in accordance with the original terms. In loan buyouts, the risk that comes with the loan/s will be transferred to the new investor, leaving him/her open to the risk of incurring losses should there be any default on the debtor’s part.