About us
Sintoria is your trusted partner in your home finance.
At Sintoria, we offer personalized mortgage solutions, guiding you every step of the way. Whether you’re a first-time homebuyer, refinancing, or investing, our expert team provides tailored support. With competitive rates and transparent advice, we simplify the mortgage process. Contact Sintoria, best UAE mortgage broker today to unlock your home finance and start your journey toward homeownership and discover how we can help you achieve your dream.
Mortgage Calculator
Mortgage interest rates and bank offers are constantly changing
Influenced by various factors such as the type of your income, the required finance amount relative to the property value (LTV), and many other considerations. As a result, these elements play a crucial role in determining the final rate you qualify for.
Therefore, we believe each client is a unique case, and by engaging in a clear conversation with you and thoroughly reviewing your requirements and documents, we can provide you with accurate information and realistic expectations for your mortgage finance.
Frequent Questions
Looking for details about home finance? Check below the answers to common questions about mortgage eligibility, types, and associated costs. This resource will help you better understand the process and make informed decisions.
Mortgage pre-approval is a crucial step where lenders assess your finances to determine your loan eligibility. To get pre-approved, you’ll need to submit key documents like income, debt, and credit score. The lender reviews this information and issues a pre-approval letter outlining your approved loan amount, interest rate, and terms. This letter strengthens your position when buying a home and shows sellers you’re a serious buyer.
Pre-approval typically lasts for 30 to 60 days, depending on the lender and the market conditions. However, it can expire or change if your financial situation or credit score changes, or if the interest rates or loan programs change. Therefore, it’s important to keep your lender updated on any changes and to avoid making any big purchases or applying for new credit until you close on your home.
Pre-approval is important for several reasons. First, it helps you narrow down your home search by giving you a realistic budget and showing you what you can afford. Second, it gives you an edge over other buyers who are not pre-approved, especially in a competitive market where sellers prefer strong offers. Third, it speeds up the closing process by showing the seller and the listing agent that you’re ready and able to buy the home.
A mortgage loan with a low interest rate might seem like a great deal, but it’s essential to consider other factors. Variable rates can increase over time, raising your payments. Life and property insurance costs are crucial and can add up significantly. Processing fees, often 0.5% to 1% of the loan amount, are another expense to consider. Additionally, check if the loan offers yearly free partial settlement options, which can save you money in the long run. A comprehensive evaluation of these factors ensures you’re getting the best overall deal, not just the lowest interest rate.
To be eligible for a mortgage in the UAE, you typically need to be at least 21 years old and have a steady income. Both salaried employees and self-employed individuals can apply. Banks usually require proof of income, employment stability, and a good credit history. People who have income from outside of UAE or Non-Residents can also apply for mortgage under certain criteria.
In the UAE, you can choose from several mortgage options, including:
– Fixed-Rate Mortgages: The interest rate remains constant for a specified period, offering predictability in payments.
– Variable-Rate Mortgages: The interest rate fluctuates based on market conditions, which can affect monthly payments.
– Offset Mortgages: These allow you to offset your savings against your mortgage balance, reducing the amount of interest you pay.
– Islamic Mortgages: Sharia-compliant options like Ijara and Murabaha are available for those who prefer Islamic banking principles.
The amount you can borrow typically depends on your income, financial stability, and the property’s value. Generally, banks lend up to 80% of the property’s value to expatriates and up to 85% to UAE nationals. Your debt burden ratio (DBR), which includes all your financial liabilities, should not exceed 50% of your income.
Commonly required documents include:
– Passport and visa copies
– Emirates ID
– Salary certificate (for employees)
– Bank statements (usually last 6 months)
– Trade license and financial statements (for self-employed individuals)
– Property documents (such as the sale agreement)
Yes, there are additional costs including:
– Processing Fees: Typically, 0% to 1% of the loan amount, based on loan type.
– Valuation Fees: For property appraisal.
– Life Insurance: Some banks require life insurance to cover the loan.
– Property Insurance: Coverage for the property itself.
– Mortgage Registration Fees: Paid to the Land Department or relevant authority.
– Early Settlement Fees: If you repay the loan early, a fee may apply.
Meet The Team
Our team is comprised of seasoned professionals, each with over 10 years of experience in home finance. Moreover, our members hail from diverse backgrounds in banking and real estate, bringing together a wealth of expertise and industry knowledge. This combination of experience and diversity enables us to guide you seamlessly through every step of your mortgage journey.
Hassan Abdullah
General Manager
Dana Hassan
Operations Manager
Beck Saran
Sales Manager
Suzy Len
Conveyncing Manager
Our Partners
Happy Clients
Our clients consistently praise dedication to securing the best mortgage deals. Their testimonials highlight the smooth, supportive experience we provide, reflecting their satisfaction and trust in our services.
“Working with Sintoria team was an absolute pleasure. They were incredibly professional, guiding us through every step of the mortgage process with precision and care. They took the time to understand our unique situation and secured us the best deal possible. We couldn’t be happier with their service and highly recommend them to anyone seeking home finance.”
Ahmed Alshehhi
“You made the mortgage process smooth and stress-free. Your accurate assessment of our needs and matching us with the right product was impressive. The team’s support and dedication throughout were exceptional, and we’re thrilled with the result. Thank you for helping us achieve our homeownership dream.”
Ola Mansour
“I’m extremely grateful to this team for their exceptional service. From the first meeting, theydisplayed professionalism, providing clear answers and accurate information. Their dedication and efficiency made the entire process smooth, and thanks to their expert guidance, I’m now settled in my new home.”
Abhiram Pushba
“Choosing Sintoria was the best decision we made during our home-buying journey. The consultants were not only highly professional but also incredibly helpful in navigating the complexities of mortgage finance. Their attention to detail and commitment to accuracy meant that we got the best deal possible. We couldn’t be more satisfied with the service we received.”
David Atwick
Contact Us
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