Housing Loans

Buying a home of your own will be a lifetime dream for many of the people. Customers can get started with Early Approve and access all the housing/home loan services provided by several banks that offers many features, benefits, latest offers, etc. You can avail affordable and best loan amounts with lowest interest rates and best tenor options.

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Types of Housing Loan Services

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Housing Loans for Salaried - UAE Nationals
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Housing Loans for Salaried - Expatriates
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Housing Loan for Salaried - Non-residents
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Housing Loans for Self-Employed - UAE Nationals
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Housing Loans for Self-Employed - Expatriates

Benefits of
Housing Loans

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  • Hassle-free loan processing
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    Applying for a housing loan with Early Approve is an easy task for the customers. Customers can avail quick and hassle-free loan processing to buy your dream home.

  • Low monthly repayments
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    Early Approve supports their customers with lowest and affordable monthly repayment options for the loans availed.

  • Less interest rates
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    Customers can avail housing loans quickly and easily with low interest rates that are beneficial and affordable.

  • Simplified Disbursements
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    The entire loan processing through Early Approve is quick and reliable, and loan amount is disbursed to the customers at the earliest.

  • Flexible Tenor
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    Early Approve helps their customers to get flexible tenor options so that they can choose their maximum number of years to pay back the loan.

Housing Loan Eligibility

Eligibility Criteria Requirement
Age 21 to 60 years
Salary A steady monthly income
Credit record A good credit record

Documents Required to Apply for a Housing Loan

Requirements Salaried Individuals Self Employed
ID Proof Valid copy of Passport, Resident Visa, and Emirates ID. Valid copy of Passport, Resident Visa, and Emirates ID.
Residential Proof Utility bills as a residence proof Utility bills as a residence proof
Income Proof Business income proof (for businessmen) Business income proof (for businessmen)
Income Proof Letter of salary transfer. Letter of salary transfer.
Income Proof Bank statement of 3 months. Bank statement of 3 months.

Quick &Easy

Early Approve helps their clients toavail the best housing loan services and own your dream home.

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Apply for a Loan

Find the right loan amount that fits for your requirements and help you fulfill your needs.

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Evaluation

Early Approve evaluates the documents and your eligibility to avail the loan services.

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Approval

The funds are transferred to the respective bank accounts once approved.

Housing Loan FAQs

What is a housing loan?

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A housing loan or a home loan is an amount of money that can be borrowed from any of the financial institutions or banks to buy or own a new home or residential property.

Any individual who is salaried or self-employed, and who belongs to the age between 21 to 60 years can apply and avail housing loans.

A loan-to-value or LTV is a ratio that compares the amount of loan that you can borrow against the total property value that you want to buy.

Loan-to-value ration of 80% is ideal.

The limits for housing loans varies from individuals to individuals based on their earnings. However, the UAE Nationals can avail upto 85% LTV and expats can avail 80% LTV for the properties under AED 5million. The LTV for UAE Nationals and expats decreases to 75% and 70% respectively for the properties over AED 5million.

Yes, you can check and apply for a housing loan online.

You can choose a tenure in months or years of your own to pay back the hosuing loan. You will have to pay a defined interest rate along with it.

Apply Housing Loan Now


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