How long does the mortgage process take?

Can the new government slow rising housing prices? (Jerusalem Post article)

"The problem is a lack of supply in the housing market," said the co-founder of First Israel Mortgages. "The only way to bring down prices is to build more homes." By Zev Stub June 20, 2021 Jerusalem Post - original article here. Israel's housing prices continue to rise sharply, with no sign…

Overseas demand for Israeli homes rising ‘through the roof’ (Jerusalem Post article)

"While American Jews once looked at having a home in Israel as luxury, or a nice thing to have for the holidays, it is now seen as a necessity for those who can afford to purchase one," Shapiro said. By Zev Stub March 11, 2021 20:58 Original Jerusalem Post article here. Demand…

From “No” to “Yes”: Getting a Mortgage in Israel with US Trust Income

Helping clients acquire a good mortgage in Israel often feels like solving a mystery. Dealing with the bureaucratic hurdles from Israeli banks, compliance issues from the Bank of Israel, making sure lawyers and property appraisers are on the same page, there is always a cast of characters involved in the plot. Our…

Creative Solutions for a Mortgage Down Payment

Getting turned down by multiple banks when seeking a mortgage in Israel can be an incredibly frustrating experience. We recently had a well-qualified client approach us seeking a mortgage in order to purchase a property here in Israel for 2 million US dollars. According to Bank of Israel’s regulations, the maximum amount…

How is your relationship with your Bank in Israel?

People who have great relationships with their bank often think they are getting the best financing deals available on the market. Take for instance the story that recently came through our office. A wealthy gentleman here in Israel purchased a second property for $4.2 Million and applied for a mortgage with his…