GDS Mortgage Consultancy is an industry expert in non resident home finance in Dubai with years of knowledge, quality service, and skills. We assist you in discovering the best non-resident home finance options that the industry has to offer.
Tailored Financial Solutions
We are the best non resident home finance service company in UAE. We will assist you in the home-buying steps and also educate you on the loans. Our senior consultants ensure a fast and smooth process of obtaining a home loan for you.
Customized Services
Our experienced professionals provide you with customized counseling that takes into account your varied needs. We offer loans with competitive interest rates because of the connections we have to the top banks in Dubai. Our primary goal is to help you get the best home loans in the market with the lowest interest rates.
Simplified Explanation of Loans
We provide simple and understandable guidance for loans with very minimum processing fees by our non-resident loan consultant. Good communication skills and simple ways of explaining help you get and understand your home loan easily and quickly.
Expert Team
The team of specialists is up-to-date with financial markets and trends. They employ strict guidelines and compliance to help you better understand non-resident home finance in Dubai. Leaning on our strong mathematics and organization abilities, we manage the loan process efficiently.
Consult GDS Mortgage Consultancy to get your non resident loan consultant in Dubai without going through any fuss.
At GDS Mortgage Consultancy, we specialize in providing exceptional non-resident home finance solutions for clients seeking property investments in Dubai.
Our expertise goes beyond just processing loans. We understand the particular difficulties that foreign investors encounter when dealing with the Dubai market. Our position as a leading non-resident loan consultant firm allows us to simplify complex mortgage processes for clients from all around the world.
Reasons Why We Stand Out from Others
Here's why we stand out from other non resident mortgage Dubai service providers:
● Experience That Matters
Our team brings years of experience in non resident mortgage Dubai services. We've helped countless clients navigate local regulations and secure favorable financing terms.
● Personalized Approach
Each client possesses a distinct financial situation. We develop specific solutions that match your investment goals together with your financial capacity.
● Transparent Communication
We value open and truthful communication throughout the entire application process. Your application's progress remains visible to you throughout the entire application journey.
● Competitive Rates
Through our strong banking relationships, we secure the best non resident home finance rates for our clients. Our partnerships help you save money.
● Quick Processing Time is valuable. Our streamlined mortgage process delivers rapid approvals while upholding accuracy standards and regulatory requirements.
● Comprehensive Support
From document preparation to final approval, we handle everything. Our non resident mortgage Dubai services cover all aspects of your financing needs.
● Local Market Knowledge
We stay updated with Dubai's property market trends. This helps us provide informed advice for your investment decisions.
● Multiple Banking Options
We work with various banks to find the perfect financing solution. You get more options and better terms through our network.
Choose GDS Mortgage Consultancy!
We simplify paperwork requirements. Our team helps prepare and verify all necessary documents for a smooth approval process. We make non-resident home finance accessible and straightforward. Our commitment to excellence ensures your property investment journey is smooth and successful. Let's secure your ideal non-resident home finance solution together. Schedule your free consultation now and take the first step toward your Dubai property investment.
Frequently Ask Questions
1. Can non-residents obtain a mortgage in Dubai?
Yes, non-residents can secure mortgages in Dubai. GDS Mortgage Consultancy assists clients in finding suitable financing options through partnerships with various banks.
2. What are the eligibility criteria for non-residents?
Eligibility typically includes proof of income, a valid passport, and a minimum age of 21. Specific requirements may vary based on the lender.
3. What is the maximum loan-to-value (LTV) ratio for non-residents?
Non-residents can borrow up to 80% of the property's value for properties valued under AED 5 million. For properties above AED 5 million, the LTV may be lower.
4. What is the minimum down payment required?
The minimum down payment for non-residents is typically 20% for properties under AED 5 million. For properties above AED 5 million, a higher down payment may be required.
5. Are there age restrictions for non-resident borrowers?
Yes, the minimum age is usually 21 years. The maximum age at loan maturity is generally 65 years for salaried individuals and 70 years for self-employed individuals.
6. Is life insurance mandatory for non-resident borrowers?
Yes, life insurance is mandatory for every mortgage in the UAE. In most cases, the bank that lent the money will require you to take out internal life insurance.
7. What documents are required for the mortgage application?
Common documents include a copy of your passport, visa, and Emirates ID, salary certificate, bank statements for the last six months, and existing loan details if any.
8. Can I use a personal loan for the down payment?
Under central bank regulations, personal loans cannot be used for the down payment. However, they can be used to cover associated costs.
9. Can family members assist with the down payment?
Yes, parents and other family members can help with the down payment by giving you a gift or loan.
10. Do I need to be employed in the UAE to apply?
No, employment in the UAE is not a requirement. Non-residents can apply for mortgages based on their income and financial stability.
11. How long does the mortgage approval process take?
The mortgage approval process can take up to 5 working days. However, obtaining prior approval may take longer depending on the bank and the complexity of your case.
12. Can I purchase property in any emirate as a non-resident?
Yes, non-residents can purchase property in various emirates, including Dubai and Abu Dhabi, subject to the specific regulations of each emirate.
13. What types of properties can I finance?
Non-residents can finance various types of properties, including new, resale, and off-plan properties, depending on the lender's policies.
14. Are there any specific mortgage products for non-residents?
Yes, GDS Mortgage Consultancy offers specialized mortgage products tailored for non-residents, ensuring competitive interest rates and favorable terms.
15. How can I get started with the mortgage application process?
You can initiate the process by contacting GDS Mortgage Consultancy for a free consultation. Their team will guide you through each step, from document preparation to final approval.
