Please feel free to call or write to us and we will more than happy to assist you.

Contact Us

Email: info@4cmortgages.com 

Phone: 971 4 2278266

• The following are indicative costs associated with property purchase.
  - Real Estate Broker Commission - 2% of property purchase price (indicative).
  - Land Department Transfer Charge - 4% of property purchase price
  - Land Department Mortgage Registration - 0.25% of the Finance Value
  - Developer NOC Cost - varies from Developer to Developer
  - Banks Processing Fee - 1% of Finance Value (varies from bank to bank)
  - Property Valuation Fee - AED 3,000 (varies from bank to bank)
  - Life Insurance Cost - To be indicated by the insurance provider
  - Property Insurance - To be indicated by the insurance provider

• We recommend you negotiate better when finalising the property and ask your broker to advise you on the recently traded prices of similar properties in your neighbourhood. In certain cases, you may even need to arrange extra cash to compensate for the shortfall in the property evaluation.

• We deal with all leading banks and financial institutions in UAE and offer Islamic Mortgage products like Ijarahs and Murabahas along with conventional mortgage loans.

• When looking at possible Home mortgage rates, it is quite important to evaluate both the fixed and the variable rates before choosing the right fit for you.
• However, while it is quite tempting to go with the lowest possible interest/profit rate, please note that most advertised fixed rates are for a short intro period.
• In order to understand and make a balanced decision, our team will help in your financial evaluation and property selection, by evaluating the variable rates which include both the base rate and the bank margin after the fixed intro rate period, thereby providing the best of the offers available in the market at the time.

• When looking at possible Home mortgage rates, it is quite important to evaluate both the fixed and the variable rates before choosing the right fit for you.
• However, while it is quite tempting to go with the lowest possible interest/profit rate, please note that most advertised fixed rates are for a short intro period.
• In order to understand and make a balanced decision, our team will help in your financial evaluation and property selection, by evaluating the variable rates which include both the base rate and the bank margin after the fixed intro rate period, thereby providing the best of the offers available in the market at the time.

• When looking at possible Home mortgage rates, it is quite important to evaluate both the fixed and the variable rates before choosing the right fit for you.
• However, while it is quite tempting to go with the lowest possible interest/profit rate, please note that most advertised fixed rates are for a short intro period.
• In order to understand and make a balanced decision, our team will help in your financial evaluation and property selection, by evaluating the variable rates which include both the base rate and the bank margin after the fixed intro rate period, thereby providing the best of the offers available in the market at the time.

• When looking at possible Home mortgage rates, it is quite important to evaluate both the fixed and the variable rates before choosing the right fit for you.
• However, while it is quite tempting to go with the lowest possible interest/profit rate, please note that most advertised fixed rates are for a short intro period.
• In order to understand and make a balanced decision, our team will help in your financial evaluation and property selection, by evaluating the variable rates which include both the base rate and the bank margin after the fixed intro rate period, thereby providing the best of the offers available in the market at the time.

• We offer Choice, Credibility, Competence and Convenience that are unrivalled in the UAE mortgage market. UAE has many banks and financial institutions offering mortgages. Each bank has its own products, policies and pricing. In a competitive market, any bank's policies continue to be dynamic and, at any given point in time, finding the best deal is a daunting task. We not only offer you the choice of all leading products under one roof which can save a great deal of time and energy, but also having a decade of UAE mortgage and banking market experience, we have an insider's view of the market. We have developed a structured approach to help you choose the right product based on your profile. We offer professionalism in maintaining the confidentiality of your financial information, which leads to a very convenient mortgage experience.

• Mortgage Finance is a high value, long term financial decision and we understand that you will be incurring more than 7% of the property purchase price as transaction costs. Hence, we have priced our services nominally so we create a win - win situation. This keeps our team members motivated to provide the right service quality. We also run promotions from time to time, so we request you to please call and check for the latest offers. Given our hands on experience from within Mortgage Banking Industry, we do bring in a lot of value by helping you take an informed long-term financial decision.

• Yes, you can. In fact, we recommend that you should get a Pre-Approval based on your current financial position, so you are clear with your property purchase budget before you start looking for properties.

• The cost of obtaining Pre Approval is nominal and varies from bank to bank. We can help you with the best possible Pre Approval offers in the UAE mortgage market. The Pre Approvals normally have the validity of two to three months. In case, you don't utilize your Pre Approval within the validity period, you lose the nominal Pre Approval Fee. If you are able to identify the ideal property for your requirement within the Pre Approval validity period, your Pre Approval Fee gets adjusted against your Final Approval Fee.

We are business partners with trusted / licensed real estate brokerage companies, further, our expertise will be instrumental in guiding you to choose the best property within your budget.

• In a fixed rate mortgage, the interest rate or profit rate doesn't change throughout the tenure of property finance. However, in variable rate mortgage, the rates are market linked and revised by banks from time to time. Nowadays, the part-fixed, part-variable rate products are very popular. They offer fixed rate for first few years, post which the rate is market linked.

• A higher down payment on your property now, means lower total payments on your property in the future.
• Loan to value (LTV) is a financial term used by lenders to express the ratio of a loan against the value of the home.
• While it’s tempting to apply for the highest LTV, it is advisable to pay a higher down payment and opt for a lower LTV, this helps in ensuring that future payments are manageable and also helps you save up money for other unforeseen and unavoidable circumstances.
• It can also help make a self-funded loan through rental income without having any burden on your disposable income.
• It also gives you immense flexibility to move for a better offer or pricing in case another bank is offering lower rates than your current home loan.