SNB UAE
Purchase of Property
Purchase of Property
Purchase of Property
Complete Mortgage solutions to Purchase a ready residential property through the developer or Secondary market. Convenient access to turn your dream of buying your home into reality. SNB HOME LOAN offers you comprehensive finance options from a wide network of approved developments & quick processing of your Mortgage Application.
Features:
- Loan up to 85% for UAE Nationals & 80% for Expats
- Flexible fixed and variable Interest Rate options available
- 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 25,000
- 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
- Sale & Purchase Agreement/MOU/Title deed
- 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
- Sale & Purchase Agreement/MOU/Title deed
- Completed and duly signed Application Form
Note: Other requirements may apply depending on customer profile