Requirements :
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Home loans from Mashreq offer you simple and convenient access to a wide range of home loans in the market with high loan amounts and flexible tenors.<br><br><strong>Mashreq Home Loans for Expatriates Features:</strong><br><br>-High Loan amounts of up to QAR 7.5 Million
-Loan Tenor of up to 20 Years
-Attractive fixed and variable interest rate options
-Nominal processing fees and charges
-Loans to Qataris & Expatriates
-Pre-approval facilities to identify loan eligibility
-Dedicated Mortgage Relationship Manager for your banking requirements<br><br><strong>Eligibility:</strong><br><br>-Minimum age - 21years
-Maximum age - 65 years on maturity of loan
-Minimum age - 25 years.
-Maximum age - 60 years for Expatriates<br><br><strong>Fee and Other charges:</strong><br><br>-Processing fee - 1% on the approved loan amount, or maximum QAR 25,000
-Pre-approval fee - QAR 1,000
-Pre-payment fee of Nil (Zero) to 1% on the outstanding would be charged in case of early settlement from own funds
-Amendment / Re-validation Fee - QAR 500 in case of amendments made after the loan is approved/booked
-Property valuation fee - at your cost<br><br><strong>Representative example:</strong><br><br>If you borrow QAR 10,000 over 3 years at a Representative APR of 4.6% fixed and an annual interest rate of 4.6% you would pay:<br><br>Payment per month – QAR 297.50 | Total charge for credit – QAR 710 | Total amount you repay – QAR 10,710<br><br>Please note, the actual rate applied to your loan will depend on your circumstances.
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