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Home Matters Mortgage Consultants

The case for using a Mortgage Consultant

With so many lenders changing credit policy so frequently these days, engaging a reliable Mortgage Consultant almost becomes a necessity. Financing property in the UAE is more difficult than many imagine. Consider the changing credit policies, reducing Loan to Values, increasing interest rates, charges and that no one bank or lender finances all properties and projects. This often leaves unsuspecting buyers with a multitude of factors to contend with, in the stressful process of buying a property. In jurisdictions where mortgage markets are more mature than the Middle East, it is common for 40-50% of all mortgages to come from consultancy or broker channels. Why is this? Quite simply, an Independent Mortgage Consultant can provide you with the benefit of selecting mortgage products from virtually the whole of the mortgage market. This often results in significant cash savings to the client.

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Homematters
By Jean-Luc Desbois




ORYX Corporation - The Leading Independent Property