Buyout from other Bank plus Equity Release
Get additional equity on your existing property when your loan is moved from your existing financial institution. SAMBA HOME LOAN offers you the dual oppurtunity to cash out the difference between the unpaid balance of the existing mortgage facility & your current market value of the property.
Features
- Exclusive Residual finance available to cover the purchase cost.
- Loan up to 80% for UAE Nationals & 75% 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 Income of AED 15,000
- UAE Nationals & Resident Individuals
- Saudi Nationals
Documentation Required
- Copy of Passport, Visa & Emirates ID
- Salary Certificate
- Bank Statement
- Proof of other Income
- Sale & Purchase Agreement
Click here for Property Insurance T & C
Click here for Life Insurance T & C
Click here for Schedule of Charges
Click here for Terms & Conditions
FAQ's
