Your Guide to Finding the Right Mortgage
With an equity release mortgage, the homeowner borrows against the equity in their home, and the loan is repaid when the property is sold.
Some risks of an equity release mortgage include the potential for high interest rates, the possibility that the amount owed may exceed the value of the home, and the potential for reduced inheritance for beneficiaries.
The value of the home is typically determined by an independent surveyor, who will assess the current market value of the property.
Yes, you can sell your home with an equity release mortgage, but the loan will need to be repaid from the sale proceeds.
Yes, most equity release mortgages allow for early repayment, but there may be penalties for doing so.
The amount of equity that can be released with an equity release mortgage depends on factors such as the value of the home, the age of the homeowner, and the type of equity release product chosen.
Explore More About Qatar Mortgage Services
Buying a home can be a daunting task, especially if you're still getting familiar with the local mortgage market in Qatar. That's why we offer a wide range of mortgage services to guide you every step of the way, from pre-approval to closing.
Discover the ideal mortgage for you.
At the Pearl Gates, customers can choose from a range of mortgage deals tailored to their unique needs. Explore the different options with cater best to your needs!
What is the maximum loan amount I can obtain?
Mortgage calculators are online tools that can help you estimate your monthly mortgage payments based on factors such as the loan amount, interest rate, and repayment term.