Mortgages

Is a First Israel refinance right for you?

Let us help you find out

Whether looking to lower your monthly payments or switch into a different type of loan product, First Israel offers free refinance consultations. We 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.

First Israel provides refinancing up to 75% of the value of the property.

Looking to renovate your home, consolidate debt or just free up some cash?

Access the value in your home today with First Israel home equity loans

Home equity loans allow you to borrow money, either in a lump sum or as a revolving line of credit, against the value of your home. The money borrowed can be used for home improvement, debt consolidation, or even purchasing an additional property. This program provides some of the lowest rates for borrowing money in Israel as well as flexible payment terms such as interest only payments for up to 3 years.

Home equity financing in Israel is available for up to 50% of a property’s value on both fixed or adjustable rates.

Are you retired and looking for more income?

First Israel reverse mortgages can help

Are you looking to leverage the equity in your home but don’t have enough income to qualify for a traditional home equity loan? Reverse mortgages enable homeowners, aged 60 and up, to receive monthly payments from the equity in their home or commercial property. No income or asset documentation is required to obtain a reverse mortgage.

First Israel provides reverse mortgage financing up to 50% of the value of your home or commercial property.

Experience the First Israel difference

The first step in the mortgage process involves determining how to properly structure your loan. Many factors must be considered when deciding what type of loan or loans should be taken, and properly identifying the loan mix can save hundreds of thousands of shekels over the life of your loan.

First Israel employs an experienced team of mortgage consultants providing custom-tailored solutions for each prospective borrower. First Israel mortgage brokers are also United States licensed mortgage bankers, enabling us to provide financing solutions for those who have equity in real estate in America in addition to the Israeli mortgage products we offer. Once the loan mix has been determined and the mortgage application and accompanying paperwork has been submitted, your file is reviewed by our internal underwriters to determine which lenders would best suit your needs. First Israel then negotiates with those lenders to provide the most attractive terms for you.