Refinancing a mortgage means taking out a new loan to replace an existing one. People often refinance to lower the interest they are paying on a loan or to reduce their monthly payments. Some people also refinance a home to pay off the loan faster, or switch from an adjustable rate loan to a fixed rate loan….Read More→

Here are the steps you need to do if you’re funding your handover payment through a post-handover payment plan in order to be ready and receive the keys in your hand as soon as feasible. An off-plan house purchase takes time and perseverance. You want to be prepared for your handover payment and have everything…Read More→

Loan to value is the term used by banks when lending against an asset. In most scenarios, this will be a property. The percentage relates to how much the bank is willing to lend against the value of the asset. How do loan-to-value ratios work in the UAE? There are several important points to understand…Read More→

Whatever your motivations for searching for a home in the United Arab Emirates (UAE), it’s crucial to comprehend the types of mortgages that are offered as well as the procedures involved in setting one up. Who is eligible to get a mortgage in the UAE? If you are a citizen or resident of the UAE,…Read More→

Which sort of interest is preferable—fixed rate or variable?—is a question we frequently receive here at Capital Zone. Depending on your unique situation, the answer to this question may vary, so it’s critical to first understand your preferences as well as the benefits and drawbacks of each rate type. What is a fixed rate mortgage? a mortgage…Read More→

In a loan buyout, one lender settles the remaining debt owed by another lender on a borrower’s loan. There are several reasons to do this, but the most common ones are to acquire a better interest rate, lower monthly payments, or to consolidate several loans into one. Here is everything you need to know if…Read More→

Mortgages are generally a good debt since real estate, or property, normally increases in value regardless of circumstances, but this does not mean that you should obtain a mortgage without conducting thorough study. Although mortgage services may appear to be a dry and boring subject, there are several crucial details you should be aware of…Read More→

Do you want to remodel your living space, add a pool to your garden, or enhance your kitchen? In Dubai, a lot of homeowners are unaware that they can use the equity in their homes to pay for repairs and upgrades. Even though they can be expensive, home improvements can significantly alter the way your…Read More→