How do mortgages work?

There are a few things to consider when buying with Dubai mortgages – including interest rates, amount, working with a mortgage broker or directly with a bank, and costs. If you’re borrowing from a bank, you would need to get pre-approved which requires a few documents and background checks from the bank. Reaching out to a Dubai mortgage advisor like haus & haus can help streamline your process.
 

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Why choose haus & haus?

As part of our expansive network, we work with over 21 different lenders offering you an array of options that can be customised to meet your specific needs. Going to one bank or lender might not get you what you’re expecting, and you’d be missing out on more suitable alternatives. This is an important decision, so it’s essential to have a few different choices on the table and go with the one that you’re most comfortable with.

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Frequently Asked Questions

Pre-approval is a bank's pledge that they are happy to lend to you based on certain criteria. The amount of time it takes to get pre-approved varies from a couple of days to a few weeks (usually if you’re self employed). Documents like wage slips, bank statements, and letters from employers are usually submitted and background checks are undertaken by the bank.

That’s not a problem. If you find your ideal property before getting a mortgage, we can work on the financial applications quickly so that you don’t miss out on the opportunity.

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