Ten points to get the best mortgage
Matar Al-Shammari
Here are ten points to help you how to get the best mortgage:
Here are ten points to help you how to get the best mortgage:
1- Make sure you know the duration of the mortgage.
2- Know the total mortgage.
3- Number of installments and the value of each installment with the installment date.
4- Know the forward cost rate of the mortgage.
5- Know the annual percentage rate (APR).
5- Know the annual percentage rate of the financing.
5- Know the annual percentage rate of the financing.
6 6- Know the administrative fees and all the expenses you pay to the bank related to the financing.
6- Know the administrative fees and all the expenses you pay to the bank related to the financing.
6 7- Know the early repayment mechanism.
7- Know the early repayment mechanism.
8- Know the contract form Murabaha or Ijara. 9- Know the conditions of insurance on life and real estate.
9
10- Make a comparison between five banks and take the best one in order to get a suitable financing for your monthly income.
Real estate consultant
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