Mortgage Services

How much can you borrow for commercial borrowing?

Commercial financing allows for up to 70% LTV (loan-to-value). In order to qualify for commercial financing, the property must either be purchased in the name of a company or the primary borrower must qualify as a real estate investor (someone who owns more than three properties). Commercial financing structures, while allowing for greater financing […]

By |March 22nd, 2023||Comments Off on How much can you borrow for commercial borrowing?

How much can you borrow for residential borrowing?

Residential financing for non-Israeli citizens is limited to 50% LTV (loan-to-value) + up to 15% as an unsecured loan (at higher rates). Israeli citizens are able to borrow up to 75% conditional upon it being their only property in Israel. Residential financing products provide for the lowest rates as well as providing for fixed […]

By |March 22nd, 2023||Comments Off on How much can you borrow for residential borrowing?

What criteria do you analyze to decide whether a client needs to remortgage?

First Israel will objectively analyze your current mortgage, current financial situation, and long term financial goals to determine if a refinance makes sense for you. We believe that homeowners have a right to know their options and we look to empower our clients to take advantage of opportunities in the mortgage market.

By |March 22nd, 2023||Comments Off on What criteria do you analyze to decide whether a client needs to remortgage?

Do First Israel provide mortgage assistance all over Israel?

Obtaining financing for the purchase of a home in some areas of Israel can be difficult. First Israel is proud to be able to provide financing throughout Israel.

By |March 22nd, 2023||Comments Off on Do First Israel provide mortgage assistance all over Israel?

How much financing will the bank provide me?

Israeli citizens are able to obtain up to 75% financing on a purchase property (if it is their sole property) and up to 50% financing on an existing property. Non-Israeli citizens are currently limited to 50% financing.

By |March 22nd, 2023||Comments Off on How much financing will the bank provide me?