Can You Transfer a Home Loan to Another Person
Can You Transfer a Home Loan to Another Person Transferring a home loan is also colloquially known as a mortgage transfer, or loan assumption. It helps in numerous situations: whether it is changing the ownership of a house due to some family problem, financial crisis, or merely selling a house. But can you actually transfer […]
Can a Home Loan Be Transferred to Another Person
Transferring a home loan to another person can arise in one of the many multi-colored scenarios in Dubai’s lively real estate market. Regardless of whether it’s based on personal or financial restructuring, an investment opportunity, or through various other circumstances, most homeowners and potential buyers are unfamiliar with the details of the procedure. Here, we […]
How Do Home Renovation Loans Work?
How Do Home Renovation Loans Work? Home renovation can breathe new life into a living space, making it more comfortable and valuable. But many homeowners find it hard to get financing for their plans to renovate the home. With savings that cannot cover renovation costs, home renovation loans can help bridge this gap. In this […]
Can House Wife Apply For Home Loan
In Dubai, securing a home loan is a major financial decision, and it’s no longer restricted to salaried individuals or business owners. A housewife also can apply for a home loan in Dubai if she meets all the criteria set. Here we learn how housewives can successfully apply for home loans, what factors banks consider, […]
Can You Be a Real Estate Agent and a Mortgage Broker?
Can You Be a Real Estate Agent and a Mortgage Broker? There is no better way, it would seem, to make more money in real estate than to find new avenues of specialties. Professionals in the real estate industry regularly wonder if a person can be licensed both as an agent and a mortgage broker. […]
What is Mortgage Refinancing?
What is mortgage refinancing? Mortgage Refinancing is usually done by the homeowners where the homeowner replaces an existing mortgage with another mortgage. Such may, in most cases, mean altering one or several mortgage terms. This financial move will help homeowners improve their financial condition by getting better mortgage terms or interest rates, or enable them […]
Can I Have Two Residential Mortgages?
Can I Have Two Residential Mortgages? The UAE opens before its residents and an overwhelmingly large portion of expatriates living and working here in one of the most vibrant real estate markets in the world; therefore, the attraction to own a property in this country whets the appetite, as the conditions are favorable. The country […]
Can a Business Get a Residential Mortgage in the UAE?
Can a Business Get a Residential Mortgage in the UAE? In this strong, exponentially growing real estate market of the UAE, every business strives to maximize operational efficiency and financial position. One question that pops up time and again has to do with whether a business can obtain a residential mortgage or not. The present […]
Are Commercial Mortgage Rates Higher Than Residential?
Are Commercial Mortgage Rates Higher Than Residential? Ever wondered why arranging finance for a business property is tougher than buying a home? That is because the commercial mortgage rates are usually higher than the residential ones in the UAE’s booming real estate market. Commercial property investments are going to be very attractive, but knowing why […]
Can I Get a Residential Mortgage on a Commercial Property
Can I Get a Residential Mortgage on a Commercial Property? Knowing what type of mortgage to go in for is the first thing when looking to finance real estate. Many first-time buyers often wonder if they can obtain a residential mortgage on a commercial property. Well, the direct answer is NO. You cannot have a […]