Mortgage Requirements
Mortgage requirements are the complete set of eligibility criteria, documentation, and financial thresholds borrowers must satisfy for loan approval, varying by lender, loan type, and borrower profile.
| Basic Eligibility | Criteria |
| Minimum age | 21 years |
| Maximum age at maturity | 65-70 years |
| Employment | Minimum 6 months current employer |
| Minimum income | AED 10,000-15,000 monthly |
| Credit score | 620+ for approval |
| Documentation Checklist | Required |
| Passport and visa | Valid copies |
| Emirates ID | Both sides |
| Salary certificate | Both sides |
| 6 months bank statements | Showing salary credits |
| Employment contract | If recent hire |
| Credit card statements | All cards |
| Financial Thresholds | Limits |
| Maximum LTV | 75-80% first property |
| Maximum DBR | 50% total debt burden |
| Minimum down payment | 20-25% property value |
| Cash reserves | 3-6 months preferred |
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