Everyone aspires of owning a property at some point in their lives. It’s not always easy to achieve it, but it’s possible with considerable amount of strategic and financial planning.
Range International Property Investments helps buyers measure the costs on their property. Most people need a broker’s expertise when it comes to marketing a home, finding a home, understanding the true value of a property and of course drafting the paperwork. Range efficiently bridges the gap when it comes to compiling and presenting options for funding these properties to the buyer.
Lester Verma, Head of Sales at Range International Property Investments has 17 years of banking experience with reputed banks with the last 9 years dealing with mortgages. He brings his valuable knowledge in Banking and Finance providing the best advice to potential finance buyers pursue to their dreams of funding their new homes.
Lester claims, getting a mortgage is the best way to own your dream home. Mortgages can be arranged with your preferred bank and terms can be tailored in a way favorable to you. A salaried individual with an income as low as AED 15,000 per month can be eligible for a mortgage too!
Lester added, “Getting a mortgage has never been easier. Banks now help you with the entire process. With the assistance of our experts it takes the same time to buy a property regardless of it being a cash deal or a finance deal”, furthermore he has narrowed down a checklist to consider when buying a property:
• Rate of Interest
• Processing Time
• Bank’s Benchmark Rates with Margin Spread
• Life Insurance Cover
If you are looking to mortgage a property in Dubai there are several options available. It is important that you do your research before approaching a bank for a mortgage keeping in mind the interest rates they offer. Range International Property Investments provides you with expert advice, finding you interest rates starting from as low as 3.24% on your mortgage.
Range International Property Investments’ assists you in getting your pre-approval within 48 hours.
Our mortgage experts will guide and assist you through the entire process effectively and efficiently through these steps:
– Copy of Visa, Passport and Emirates ID
– Current Dated Salary Certificate
– Latest 6 months Bank Statement
Choosing the Plan
When our mortgage advisors have scrutinized and negotiated the mortgage product and offers for you, they will personally discuss this with you and give you professional advice on the provided options.
Applying for the mortgage you have chosen will involve the application form being filled with our mortgage expert guiding you through it.
Once the evaluation of the property being purchased is completed by a third party valuator, a final offer is issued which sets out the terms and conditions of the mortgage.
Transfer is possible when a No Objection Certificate (NOC) is issued from the developer, to transfer the property between them which takes place at the Dubai Land Department (DLD). Title Deed is then issued by the Land Department once the lender provides a cheque for the mortgage amount to the seller.
Our Experts will be glad to sit and advise on the entire process to make the whole process easier for you.