Whether you are looking to buy your first home or another property, we offer a range of mortgage loans to suit you.
Common Mortgage Products
1. Ready-made Finance
These are designed to finance the cost of purchasing real estate for investment or residential purposes.
2. Construction Finance
These are designed to cover the cost of construction of personal or investment property.
3. Equity Release
Some banks can offer finance against your existing land or property, so you can invest in another home or fund another venture.
To help you get started, we have put together an FAQ to answer some common enquiries.
A pre-approval would help you determine your eligibility for a Mortgage Loan before you decided to finalize a property purchase.
From 18 to 70 at maturity of the loan.
From 21 to 60 at maturity of the loan.
Qatari nationals & expatriates.
Your application will be evaluated according to your income stream, employment history and stability, your ability to meet current obligations as well as new ones (credit bureau report), the value of the property being purchased, and your assets to assess your ability to meet your down payment.
Loan tenure is from 180 to 240 months for Qatari nationals, depending on whether they are salaried or self-employed. Tenure for expats is from 180 to 240 months, also depending on whether they are salaried or self-employed.
The process takes seven working days subject to submission of all required documents.
- Application form
- Original QID (Qatari ID)
- Original Passport with valid visa (for expats)
- Salary certificate
-
Original bank statements for the last six months (if salary is transferred to another bank)
- Liability letter (if loan is transferred from another bank)
- Photocopy of signed Purchase Contract
- Application form
- Passport copy with valid visa (for expats)
-
Personal bank statements for the last six monthsBusiness bank statements for the Last 12 months
- Liability letter (if loan is transferred from another bank)
- Audited financial statements for the last 2 years (if available)
- Trade license copy
- Copy of Commercial Registration
- Governmental or private rental contract (if rental income is considered)
- Photocopy of signed Purchase Contract
Do you need help with a mortgage?
Speak with one of our mortgage advisors today for a personal touch.