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845-694-7148Do I have to be in Israel to obtain a mortgage?
No. A power of attorney, and other requisite paperwork, can be signed either at an Israeli consulate or via notary/apostille in your country of residence.
What are the requirements for getting mortgage approval?
There are two main hurdles that you need to overcome in order to qualify for a mortgage; enough cash to cover the required down payment and enough income to cover the expected mortgage payments.
When should I apply for a mortgage?
The approval process can take from a few days to a few weeks; mostly depending on the complexity of the file. The approval will usually be valid for 90 days and will cover most residential properties. There are exceptions, and it is always best to check with a lender to confirm a property has […]