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General Finance Discuss general personal finance issues and home accounting not covered on the other finance boards.

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  #1  
Old 08-03-2017, 10:46 AM
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Himaninaik Himaninaik is offline
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Default Do I need to be in a certain income bracket to be eligible for a home loan?

Do I need to be in a certain income bracket to be eligible for a home loan?
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Old 08-10-2017, 08:39 AM
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Kasas Kasas is offline
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Default Re: Do I need to be in a certain income bracket to be eligible for a home loan?

Yes, you eligibility is decided based on your income and years of experience. You should use the home loan calculator to arrive at the amount of loan you are eligible for.
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Old 08-11-2017, 05:42 AM
divi divi is offline
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Default Re: Do I need to be in a certain income bracket to be eligible for a home loan?

Hi, home loan is a secured type of loan but still banks ask for a minimum salary which is AED 10000 in few banks like Emirates NBD, ADIB etc. It can be less in other banks like DIB. Check with those http://www.mymoneysouq.com/loans/compare-home-loans-uae try this link it might be helpful
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