CBD Mortgage Loan | MoneyCamel

CBD Mortgage Loan

CBD

CBD Mortgage Loan

New Home Loans
CAMEL VIEW
  • Refinance property to release cash against property.
  • Avail finance up to AED 15 Million.
  • 3.99% interest is fixed for 2 years only.
  • Minimum salary of AED 20,000 is required.
FEATURES
Interest/Profit Rate 
3.99 % p.a.
Maximum Loan Amount 
AED 15,000,000
Maximum Loan Tenure 
25 years
Minimum Monthly Income 
AED 20,000
Shariah Compliant 
Yes
Maximum LTV 
75 % of Property Value
FEES & CHARGES
Late Payment Fee 
AED 2.25
Prepayment Fee 
1% of Loan Amount
Rescheduling Fee 
AED 2000
Life Insurance Rate 
0.0275% of Loan Amount
Valuation Fee 
AED 3000
Loan Closure Fee on Balance Transfer 
1% of Loan Amount
Loan Liability Letter Charge 
AED 300
Property Insurance Rate 
0.0275%
Processing Fee 
1% of Loan Amount
ADDITIONAL INFORMATION

Interest rates from 3.99% p.a. fixed for 2 years and thereafter 6 months EIBOR + Margin applies.

Refinance is also available.

UAE Nationals can apply for a tenure of 25 years and Expats for 20 years. Minimum salary requirement is AED 20,000 for UAE Nationals and AED 25,000 for Expats. Maximum loan amount for UAE Nationals is AED 15 million and for Expats AED 9 million.

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