SNB UAE
Buyout from Other Banks
Buyout from Other Banks
Buyout from Other Banks
SNB Home Loan offers you the option to move your existing mortgage facility from other Financial Institution (Takeover of Loans from other bank) with lower EMI. Lucrative options to lock your Home loan up to 3 years with quick & hassle free loan application.
Features:
- Loan up to 85% for UAE Nationals & 80% for Expats
- Flexible fixed and variable Interest Rate options available
- Discounted Processing Fee
- Finance available for Freehold, Leasehold & Private Villas with title deed
- Flexible repayment periods up to 25 years
- No Salary Transfer required
- Life & Property Insurance available under Group Cover Policy
- Easy documentation & quick processing
Eligibility:
- Minimum Monthly Income-Salaried AED 15,000 / Self-Employed AED 35,000
- UAE Nationals & Resident Individuals
- Saudi Nationals
Documentation required for Salaried Individuals:
- Copy of valid Passport
- Copy of UAE valid Resident Visa (for non UAE Nationals)
- Copy of valid Emirates ID (National ID for KSA Nationals)
- Residential Proof
- Salary Certificate
- Bank Statement/FTS
- Proof of other Income, if any
- Title deed
- Liability Letter
- Completed and duly signed Application Form
Note: Other requirements may apply depending on customer profile and employer
Documentation required for Self Employed Individuals:
- Copy of valid Passport
- Copy of UAE valid Resident Visa (for non UAE Nationals)
- Copy of valid Emirates ID (National ID for KSA Nationals)
- Residential Proof
- Valid Trade License & MOA
- Personal & Company Bank Statement/FTS
- Audited Financials for last 2 years
- Bureau report (for KSA Nationals)
- Proof of other Income, if any
- Title deed
- Liability Letter
- Completed and duly signed Application Form
Note: Other requirements may apply depending on customer profile
Property Insurance Terms & Conditions