First Time Buyer
The mortgage market is incredibly competitive and complex, it can be hard to understand what exactly is on offer. There are many different providers and a wide range of finance products and rates available, which can complicate the process. It is a good idea to talk to one of our specialists at Gulf Coast Finance before making your mind up. We can guide you through the routes to getting finance and the importance of studying your options before making a decision. We will be here on hand to advice and guide you at every step.
Some things we can assist you with include:
– Finding out how much you can borrow
– Any associated fees and costs
– What to expect once you have made an offer including approximate time frames
Want to know more? We can give you answers in seconds by answering a few short questions below.
How much I can borrow?
Our 21 Step by Step guide below give you an insight of the process of buying your first home. Our mortgage experts will be with you every step of the way. On hand 7 days a week if you need us.
The key things you need to know about moving home
Getting Started
Depending on your purchase price a property below 5,000,000AED we can lend upto 80%, For a property over this amount we can lend upto 65%. We can also tailor a package to suit you
The cost set of a mortgage does depend on per case basis, please arrange a call back to speak to our mortgage specialists
Single or Joint applicant. To get you the best mortgage rate we need to understand your exact situation.
Required Documentation
Passport copy, Visa Copy And Emirates ID
Trade licence
MOA
12 Months Bank Statements
Passport copy, Visa Copy And Emirates ID
Salary Letter
6 Months Bank Statements
6 Months Payslips
Please enquire to find out in depth details of requirements
Approval Process
To obtain a pre-approval we can do this within 3 working days
This we can get done within 7-10days
This can be done subject to NOC process within 5 days