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Purchasing a Home



Are you considering a move to a new home?

 

The wide range of mortgages of Leumi Mortgages, together with the advice that will be given to you by the Bank’s representatives, will ensure that you will obtain the mortgage most suitable to your needs and your repayment ability.

 

Have you decided to buy an apartment, house or plot?

 

A wide available to you a range of loan tracks are available, which can be adapted to your needs and repayment ability.

 

Are you building your own house?

 

Leumi Mortgage allows the release of the loan moneys upon the customer’s request in accordance with progress in building construction.

 

Do you have a mortgage over your present property?

 

Even if you have a mortgage over your present property, the mortgage counselors of Leumi Mortgage will be pleased to discuss with you the available mortgage possibilities – transferring the mortgage to the new property, obtaining an additional mortgage, or replacing the existing mortgage if you are customers of another banks.

 

Do you require interim financing?

 

Loans for interim finance are suitable for anyone who has still not sold his apartment, or who is expected to receive an amount of money at a given future date. Leumi Mortgages can assist you in providing a loan as interim finance against the mortgage of your property or of the property you are buying. The advantages of the loan for interim financing lie in the fact that the monthly repayment is low, so that there is a possibility of early repayment at reduced early repayment commissions.

 

Do you require full financing for purchasing an additional apartment?

 

You have the possibility of obtaining finance of 100% of the value of the property being purchased against the mortgage of both the properties – your existing property and the new property you are interested in acquiring.

 

 

 Note: This information is for general knowledge only and does not fully embody the aid programs of the Ministry of Building and Housing. The definitions and rules that are binding are those set forth in the procedures and instructions of the Ministry of Building and Housing, Leumi Mortgages and according to any law.

The terms and conditions of the loans, including the conditions for exemption from early repayment commissions, are set forth in the loan contracts and the various appendices thereto.