Q – How much can I get as loan for a mortgage in Dubai?

In Dubai, you can borrow up to 85% of the property value. Mortgage House will help you secure this loan up to maximum value.

Q – What amount of loan can I apply for?

If you work and live in Dubai, and have been in job for more than 6 months, you can apply to borrow up to 85 % of the property value.

Q – How long will my mortgage process take?

On average in Dubai, the complete process usually takes from 4 to 6 weeks. Consult a Mortgage House agent to understand the process and your support.

Q – What are the requirements?

We will be required to collect your income documents to understand your profile. Contact your Mortgage House agent to assist you.

Q – I have a decent income. How much can the bank lend me to buy a property?

Mortgage House can help you secure loan from any bank in Dubai based on your DBR up to 85 % of the property value.

Q – Can I buy a townhouse or a villa if I am not interested in apartment?

Yes, absolutely! Expat citizens can purchase apartments as well as townhouses and villas.

Q – What is a pre-approval?

A pre-approval is a first stage assessment and approval based on certain conditions and indicative loan amounts are proposed. Subject to certain adjustments, then morphed in a solid loan amount.

Q – How long is my approval valid for?

A standard pre-approval remains valid between 60 to 90 days.

Q – Can I get a mutual loan/combined loan, purchase property with my wife?

Yes, absolutely! Many aspiring home buyers club their finances to buy their first home.

Q – My wife and I both have jobs in Dubai. Could we both apply for a home loan?

Definitely, with more than one earnings, you can easily obtain a comfortable and an affordable home loan.