this could become a more prominent alternative route onto the property ladder for many who are priced out of the current market. Shared ownership allows both first-time buyers, and previous homeowners who can no longer afford a property that meets their needs to buy a 10-75% portion of a ...
Expats can use mortgage finance to buy properties in all of DAMAC’s projects located in freehold areas. How much time does it take for the loan to get approved? The loans are approved within 72 hours, so it is just a matter of a few days for the process to complete. What is the...
In 1968, the federal government created a quasi-governmental mortgage finance agency, now known as Fannie Mae. A second agency, now known as Freddie Mac, was established in 1970. Fannie and Freddie don’t directly originate mortgages. Instead, they purchase mortgages from lenders and either keep...