SNB UAE

Personal Banking: Mortgage Loans

Mortgage Loans
Mortgage Loans

The Key to your own home is here.
We understand buying a home involves a lot of things. Getting a home loan should not be one of them.

 

Benefit from our low interest rates and enjoy to buy your home or invest in a property or switch to a better deal. Take free assessment and see which of our different loan options can take you one step closer to your dream home.

  1. Unbeatable Interest Rates
  2. Quick Approvals
  3. Discounted Processing Fee
  4. Fixed and variable rate options available
  5. No Salary Transfer
  6. Easy Process

 

Home Loans that let you live free!
SNB home loans has a line of financial solutions that takes the weight off your shoulder. We offer loans for:

  • Purchase of Property
  • Loan against property
  • Buyout from other bank
  • Buyout from other bank & loan against property
  • Completed residential property in designated areas of Dubai: Free Hold/ Lease Hold/ Private Villas

 

Mortgage Terms & Conditions

Purchase of Property
Purchase of Property

Complete Mortgage solutions to Purchase a ready residential property through the developer or Secondary market. Convenient access to turn your dream of buying your home into reality. SNB HOME LOAN offers you comprehensive finance options from a wide network of approved developments & quick processing of your Mortgage Application.

 

Features:

  • Loan up to 85% for UAE Nationals & 80% for Expats
  • Flexible fixed and variable Interest Rate options available
  • Finance available for Freehold, Leasehold & Private Villas with title deed
  • Flexible repayment periods up to 25 years
  • No Salary Transfer required
  • Life & Property Insurance available under Group Cover Policy
  • Easy documentation & quick processing

 

Eligibility:

  • Minimum Monthly Income-Salaried AED 15,000 / Self-Employed AED 25,000
  • UAE Nationals & Resident Individuals
  • Saudi Nationals

 

Documentation required for Salaried Individuals:

  • Copy of valid Passport
  • Copy of UAE valid Resident Visa (for non UAE Nationals)
  • Copy of valid Emirates ID (National ID for KSA Nationals)
  • Residential Proof
  • Salary Certificate
  • Bank Statement/FTS
  • Proof of other Income, if any
  • Sale & Purchase Agreement/MOU/Title deed
  • Completed and duly signed Application Form

Note: Other requirements may apply depending on customer profile and employer

 

Documentation required for Self Employed Individuals:

  • Copy of valid Passport
  • Copy of UAE valid Resident Visa (for non UAE Nationals)
  • Copy of valid Emirates ID (National ID for KSA Nationals)
  • Residential Proof
  • Valid Trade License & MOA
  • Personal & Company Bank Statement/FTS
  • Audited Financials for last 2 years
  • Bureau report (for KSA Nationals)
  • Proof of other Income, if any
  • Sale & Purchase Agreement/MOU/Title deed
  • Completed and duly signed Application Form

Note: Other requirements may apply depending on customer profile

 

Mortgage Terms & Conditions

Mortgage Policy

Property Insurance: Policy Wording

Loan against Property
Loan against Property

Affordable, flexible & easiest way to cash out the equity from your fully paid up & mortgage free property. SNB HOME LOAN allows you the advantage to unlock the wealth tied up in your property. Access the fund with equity release option which can be useful to cover your expenses for buying new property, renovation or construction.

 

Features:

  • Loan up to 85% for UAE Nationals & 80% for Expats
  • Flexible fixed and variable Interest Rate options available
  • Finance available for Freehold, Leasehold & Private Villas with title deed
  • Flexible repayment periods up to 25 years
  • No Salary Transfer required
  • Life & Property Insurance available under Group Cover Policy
  • Easy documentation & quick processing

 

Eligibility:

  • Minimum Monthly Income-Salaried AED 20,000 / Self-Employed AED 35,000
  • UAE Nationals & Resident Individuals
  • Saudi Nationals

 

Documentation required for Salaried Individuals:

  • Copy of valid Passport
  • Copy of UAE valid Resident Visa (for non UAE Nationals)
  • Copy of valid Emirates ID (National ID for KSA Nationals)
  • Residential Proof
  • Salary Certificate
  • Bank Statement/FTS
  • Proof of other Income, if any
  • Title deed
  • Completed and duly signed Application Form

Note: Other requirements may apply depending on customer profile and employer

 

Documentation required for Self Employed Individuals:

  • Copy of valid Passport
  • Copy of UAE valid Resident Visa (for non UAE Nationals)
  • Copy of valid Emirates ID (National ID for KSA Nationals)
  • Residential Proof
  • Valid Trade License & MOA
  • Personal & Company Bank Statement/FTS
  • Audited Financials for last 2 years
  • Bureau report (for KSA Nationals)
  • Proof of other Income, if any
  • Title deed
  • Completed and duly signed Application Form

Note: Other requirements may apply depending on customer profile

 

Property Insurance Terms & Conditions

Life Insurance Terms & Conditions

Home Loan Terms & Conditions

Buyout from Other Banks
Buyout from Other Banks

SNB Home Loan offers you the option to move your existing mortgage facility from other Financial Institution (Takeover of Loans from other bank) with lower EMI. Lucrative options to lock your Home loan up to 3 years with quick & hassle free loan application.

 

Features:

  • Loan up to 85% for UAE Nationals & 80% for Expats
  • Flexible fixed and variable Interest Rate options available
  • Discounted Processing Fee
  • Finance available for Freehold, Leasehold & Private Villas with title deed
  • Flexible repayment periods up to 25 years
  • No Salary Transfer required
  • Life & Property Insurance available under Group Cover Policy
  • Easy documentation & quick processing

 

Eligibility:

  • Minimum Monthly Income-Salaried AED 15,000 / Self-Employed AED 35,000
  • UAE Nationals & Resident Individuals
  • Saudi Nationals

 

Documentation required for Salaried Individuals:

  • Copy of valid Passport
  • Copy of UAE valid Resident Visa (for non UAE Nationals)
  • Copy of valid Emirates ID (National ID for KSA Nationals)
  • Residential Proof
  • Salary Certificate
  • Bank Statement/FTS
  • Proof of other Income, if any
  • Title deed
  • Liability Letter
  • Completed and duly signed Application Form

Note: Other requirements may apply depending on customer profile and employer

 

Documentation required for Self Employed Individuals:

  • Copy of valid Passport
  • Copy of UAE valid Resident Visa (for non UAE Nationals)
  • Copy of valid Emirates ID (National ID for KSA Nationals)
  • Residential Proof
  • Valid Trade License & MOA
  • Personal & Company Bank Statement/FTS
  • Audited Financials for last 2 years
  • Bureau report (for KSA Nationals)
  • Proof of other Income, if any
  • Title deed
  • Liability Letter
  • Completed and duly signed Application Form

Note: Other requirements may apply depending on customer profile

 

Property Insurance Terms & Conditions

Life Insurance Terms & Conditions

Home Loan Terms & Conditions

Buyout from other Bank & Loan against Property
Buyout from other Bank & Loan against Property

Get additional equity on your existing property when your loan is moved from your existing financial institution. SNB HOME LOAN offers you the dual opportunity to cash out the difference between the unpaid balance of the existing mortgage facility & your current market value of the property.

 

Features:

  • Loan up to 85% for UAE Nationals & 80% for Expats
  • Flexible fixed and variable Interest Rate options available
  • Discounted Processing Fee
  • Finance available for Freehold, Leasehold & Private Villas with title deed
  • Flexible repayment periods up to 25 years
  • No Salary Transfer required
  • Life & Property Insurance available under Group Cover Policy
  • Easy documentation & quick processing

 

Eligibility:

  • Minimum Monthly Income-Salaried AED 15,000 / Self-Employed AED 35,000
  • UAE Nationals & Resident Individuals
  • Saudi Nationals

 

Documentation required for Salaried Individuals:

  • Copy of valid Passport
  • Copy of UAE valid Resident Visa (for non UAE Nationals)
  • Copy of valid Emirates ID (National ID for KSA Nationals)
  • Residential Proof
  • Salary Certificate
  • Bank Statement/FTS
  • Proof of other Income, if any
  • Title deed
  • Liability Letter
  • Completed and duly signed Application Form

Note: Other requirements may apply depending on customer profile and employer

 

Documentation required for Self Employed Individuals:

  • Copy of valid Passport
  • Copy of UAE valid Resident Visa (for non UAE Nationals)
  • Copy of valid Emirates ID (National ID for KSA Nationals)
  • Residential Proof
  • Valid Trade License & MOA
  • Personal & Company Bank Statement/FTS
  • Audited Financials for last 2 years
  • Bureau report (for KSA Nationals)
  • Proof of other Income, if any
  • Title deed
  • Liability Letter
  • Completed and duly signed Application Form

Note: Other requirements may apply depending on customer profile

 

Property Insurance Terms & Conditions

Life Insurance Terms & Conditions

Home Loan Terms & Conditions