High-Risk Professions from the Bank’s Point of View

Do you belong to any one of the below professions? If yes, you might face difficulty in getting your Mortgage Loan application approved at major Banks in the UAE.

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Whether you intend to purchase your dream home now or in the near future, get your facts right. Home loan providers and banks in the UAE tend to pay special emphasis on the applications of employees belonging to any of the above four professions. Not only do these employees end up submitting extra documentation as compared to others, they also end up paying higher down payments if their loan in sanctioned in the very first place. A number of times they end up availing loans in the names of their family members in order to fulfill their finance requirements.

Readers take note of these finer aspects. A little extra knowledge will take you a long way at the time of your Mortgage Loan application processing.

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