Skip to content Don’t limit your financial goals. Check out our Mortgage Refinancing Service to see which one works best for you.
Equity is the difference between the value of your property and the amount owed to the lender. As you make mortgage payments, the amount of the loan’s capital goes down, and equity grows. We can make professional recommendations and determine what you’re qualified for.
Your home is one of your biggest assets with equity you can access and use. Get started on the refinance process today.
Our firm collaborates with top-tier banks in the UAE to provide you with the most competitive refinancing options.
For UAE nationals and expatriates, the process of refinancing a mortgage is similar. It involves a new loan with a different interest rate and term to pay off a previous one.
We’ll assess the best rates on the market and compile a short list of the best choices for you.
We will facilitate the preparation of every required document, secure your remortgage pre-approval, and assist you in filling out your application forms.
We will coordinate property valuation and handle all bank transactions to determine your property’s current market value. This assessment will help calculate the loan-to-value ratio and verify that the property meets the bank’s requirements.
After reviewing your application and documents, the bank will determine your refinancing eligibility. Upon approval, you will receive a loan offer with terms, interest rates, fees, and conditions.
If the terms and conditions of the loan offer are acceptable, proceed with the loan documentation by signing and returning the offer letter. The bank will coordinate the settlement and discharge of your prior mortgage with your current lender.
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Avoid missing out on savings opportunities and learn how owning a home can assist you in achieving your financial objectives. There are no surprises or hidden fees, just honest, straightforward mortgage advice— we’re here to help you throughout the refinancing process.
A Fixed-Rate Mortgage is popular among homeowners because the interest rate remains consistent during the loan term, usually 15 to 30 years.
A variable-rate mortgage (ARM) has an interest rate that adjusts to market conditions, which means that it starts at lower rates but can increase, resulting in different monthly payments.
A cash-out refinance allows you to refinance your mortgage while also tapping into your home equity. You have the freedom to use any lump sum you get as a ‘cash out’ for your current financial needs.
Remortgaging or refinancing involves the process of transferring an existing mortgage to a new lender or renegotiating the conditions with the current lender to acquire better interest rates, lower monthly payments, or access the equity in one’s property.
Refinancing is a marathon of documentation, not a leisurely stroll. This is what you’ll require:
Proof of income: Pay stubs, W-2s, tax returns, or salary certificate
Proof of assets: Investment accounts, property deeds, car titles, or proof of funds for down payment
Proof of debts: Clean credit history, loan documents, or utility bills
Mortgage application: A standard application form
Property appraisal: An estimate of the value of your property
Other documents:
Valid passport, visa, and Emirates ID
Personal bank statement dated within the last 6 months
Property ownership documents
Lower Rates, Higher Savings: Refinance Your Mortgage Today and Secure a Brighter Financial Future.
We offer complete mortgage solutions for buyouts and equity releases that are made to fit your needs. We will stay by your side until you reach your refinancing goal.
Contact us with any inquiries regarding our mortgage refinancing services. Provide the necessary data when prompted. Many inquiries will be made concerning your residence, occupation, and desired loan amount. Additionally, you must disclose the remaining amount on your existing mortgage to us. You’ll be done in much less time than it takes to boil water for tea, so don’t worry.
Don’t Wait for Opportunity — Create It! Contact Us Now and Start Saving with Mortgage Refinancing
At Sire Finance, we value offering customized service to our clients. Our team of skilled mortgage brokers excels in figuring out your specific needs and objectives. Whether you are a homeowner in search of strategies to decrease monthly payments or to release equity, we offer customized refinancing options that correspond to your goals.
If you need any more help with Home Equity Release loans now that you know more about them, Sire Finance has a team of experts ready to help you figure out what to do next!
If you're looking to buy or refinance a property in the UAE, we can help you save money and reduce risk by offering high-quality products and expert property transaction services.
We guarantee the best interest rate in the Middle East market based on the value of the property, whether it's a property transfer or a mortgage refinancing.
Ensuring that our clients obtain the most advantageous mortgage refinancing rates on the market and providing professional advice throughout the entirety of the property transaction process is our main goal.
Mortgage refinancing is when you replace your current mortgage loan with an entirely different one. This is frequently referred to as “remortgaging” or a “buy-out mortgage.”
It can lower your monthly payments, reduce your interest payments, give you cash for home upgrades or debt consolidation, and let you transfer lenders if you’re unsatisfied with your current lender.
Interest payments can be reduced by refinancing a mortgage with more favorable terms. Refinancing can be beneficial if the new rate is at least 1% lower than your current rate. You could save thousands of dirhams over the course of your mortgage if you switch to a plan with a 0.5% lower interest rate.
Consider the following factors while considering whether to remortgage in the UAE:
Compare mortgage interest rates – if your fixed-rate mortgage is ending, it’s best to check if you can get a better deal.
Mortgage refinance cost – remortgage is not a free service, so learn about them before applying for one.
Outstanding loan amount – if your loan balance is low, refinancing may not be worth it.
How long do you want to stay in or own the property – lower interest rates aren’t beneficial if you don’t plan to keep the property long.
Sire Finance can help run a cost analysis and advise you whether refinancing is an effective choice as well as how much it will cost.
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Sire Finance are the home loan and property mortgage experts. Rely on us for free home loan advice, and for expert property mortgage services.
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