The benefit of using one of our mortgage brokers is that we are able to offer unbiased expert advice to help you find the best mortgage product for your situation. We will discuss all the available options with you and offer you our opinion on the best one for you, so that you can make an informed decision.

Our mortgage consultants will guide you through the property purchasing process in the UAE and will make getting a mortgage easy.

We also have access to exclusive mortgage products which are not available when you go to the banks directly.

A mortgage broker, otherwise known as a mortgage consultant, is an independent advisor who is able to arrange a loan between you and a bank to fund your property purchase.

We would say no, but let us explain why.

When approaching a bank directly they will not necessarily have the best mortgage offer for your situation and they will be focused on showing you the benefits of their product.

If you consult a mortgage broker, like The K Mortgage Brokerage, our team are able to look at mortgage products across the UAE from different banks to offer you the best one for your situation and also share the pros and cons of them with you, so you can make an informed decision.

Nearly everyone can get a mortgage within the UAE as long as you can demonstrate your income. Income can be from a variety of sources including salary, commission and rental income. Contact one of our mortgage brokers to discuss your specific situation.

Yes, absolutely! Banks have different preferences when it comes to employed and self-employed applications. We have a lot of experience working with self-employed clients and we are very familiar with the banks that look favourably on these applicants.

All types of property, whether freehold, leasehold, gifted or land-gifted properties.

In the UAE there are many types of mortgage products available, below are some of the main types:

• Residential mortgages
• Investment mortgages
• Non-resident mortgages
• Commercial mortgages
• Rent only mortgages
• Fixed and floating rate mortgages
• Offset mortgages
• Capital and interest/profit mortgages
• Interest only mortgages
• Fixed payment mortgages
• Land and construction mortgages

All of these are available as conventional or Islamic finance.

A mortgage is a loan given to enable you to purchase a property for residential, investment or commercial purposes. The loan is  secured by the lender against the property you purchase. A mortgage is repaid in monthly installments to the lender, which normally includes a rate of interest/profit  and an amount towards the original amount borrowed.

The main reason you should get pre-approved is that banks tend to have different appetites for the types of clients they will lend to based on profiles. As a buyer, pre-approval gives you comfort to know that you can look at properties and once you have found the property you want to purchase you will be able to move forward quickly with your bank of choice.

Pre-approval also shows prospective sellers that you are a serious buyer and you are not just window-shopping, this can put you in a more favourable position and assist in negotiations to get a better price.

Documents required can differ depending on your circumstances, but our mortgage brokers will be able to discuss this with you.

In general we will require the following documents for your mortgage:

• Copy of your passport, visa and Emirates ID
• Salary certificate addressed to ‘The K Mortgage Brokerage’
• Last six months payslips and bank statements
• Latest credit card statements
• Proof of your current address – copy of ADDC/DEWA bill or tenancy agreement