Mortgages
Downtown International is a mortgage originator that has tie ups locally & abroad with reputable banks, enabling us to source the right mortgage solution for our customers. Banks will only sell you their own mortgage products, whereas Downtown International will provide you with a range of options, an unbiased approach as well as walk you through the entire process from beginning to end.
Why Downtown
Because we appreciate that our customers are the reason for our business, we nurture our relationship as a very special partnership with each and customer. To this end we focus our attention on:
- Caring enough to find out what the unique needs are of each client.
- Being passionate about delivering excellence every step of the way, throughout our business relationship
- Maintaining service and follow-through that do not fall short of amazing service.
- Making sure your home loan is working for you, giving you maximum utility and meeting your lifestyle needs.
In every aspect of our dealings with you, Downtown International is totally open and transparent: there are no hidden charges, no fine print to hide behind in the future, no unpleasant surprises. Every query and each question is answered openly and honestly.
Mortgage calculator
OUR PRODUCTS
Working with an independent mortgage specialist puts you in full control of your property purchase. The mortgage specialists at Downtown International, understand the necessity to provide you with sound, un-biased financial advice; therefore, we not only compare the products and features from regional competitors that are relevant to your mortgage requirements, we also offer a comprehensive, one-point service, addressing every aspect of the property buying process.
Our knowledge of the prevailing markets, legalities, and future developments, related to buying a property alleviates the uncertainties you may have. We appreciate the versatility of our clients; hence, we customize the packages according to the needs of the client, guiding them through each stage of the purchase from the initial consultation thru to hand-over.
Re-mortgage
If you have an existing mortgage and are paying a higher rate of interest, get a free review from Downtown International to check if there are more cost-effective alternatives. Interest rates have dropped significantly from the highs in 2008 and today you could potentially halve your mortgage costs.
New Purchases
Downtown International has access to whole of market mortgage offers from various financial institutions across the market; unlike banks that have limited, generic options for their clients.
Equity Release
Equity Release is a term used when someone borrows against the value of their existing property. These funds can be used for any purpose and the interest payable is charged at mortgage rates. This is a cost-effective way to raise cash needed for any reason whether it be to settle outstanding loans, to fund property renovations, business cash flows, to invest in another property in the UAE and/or overseas; or to fund children's educational expenses. Equity can be released from properties owned by UAE nationals, UAE residents as well as non-residents.
Non-residents
Non-resident’s looking to buy property in the UAE can acquire financing up to 50% of the market value of the property with minimal documentation. Key features: Borrow up to 50% of the property valuation, Residential and commercial properties considered, Cash can be used for any purpose, Islamic and conventional options available, Minimal documentation required, Available to all nationalities (except Iranian passport holders) *
United Kingdom
These mortgage products are for expats living overseas, wanting to purchase property in the UK, and can be used for purchases, remortgages and equity release. Options are available in capital repayment and interest only products. Downtown International will secure our customers the most competitive rates and terms on mortgages up to 70% loan to value.
Under Construction Property
We can now secure you finance up to 50% on approved developments still under construction.
Restricted Industry
Many lenders in the UAE do not lend to individuals working in real estate or construction related industries. Our mortgage experts will find the right solution which will allow you to purchase or refinance in the UAE.
Commercial Property
Downtown International offers exclusive rates and terms on finance for: Offices, Warehouses, Shops, Additional commercial units …up to 75% load to value in the UAE. Properties must be completed or close to hand-over.
The process
We help you through EVERY STEP
- 1First Consultation & assessment of borrowing capacity
- 2Recommendation of suitable mortgage options
- 3Completion of bank application and supporting documents
- 4Bank issues pre-approval
- 5Sign MOU for property purchase.
- 6Medical test for life insurance
- 7Property Valuation
- 8Bank issues final approval for signing
- 9Bank pays seller’s mortgage (if applicable)
- 10NOC requested from developer
- 11Move into your new home
The Completed Homes Collection
The Completed Homes Collection showcases a range of homes across the UK that are ready to move into.
Why Downtown
Downtown International Mortgage Brokers are a mortgage originator that has tie ups locally & abroad with reputable banks, enabling us to source the right mortgage solution for our customers. Banks will only sell you their own mortgage products, whereas Downtown International will provide you with a range of options, an unbiased approach as well as walk you through the entire process from beginning to end.
Because we appreciate that our customers are the reason for our business, we nurture our relationship as a very special partnership with each and customer. To this end we focus our attention on:
- Caring enough to find out what the unique needs are of each client.
- Being passionate about delivering excellence every step of the way, throughout our business relationship
- Maintaining service and follow-through that do not fall short of amazing service.
- Making sure your home loan is working for you, giving you maximum utility and meeting your lifestyle needs.
In every aspect of our dealings with you, Downtown International is totally open and transparent: there are no hidden charges, no fine print to hide behind in the future, no unpleasant surprises. Every query and each question is answered openly and honestly.