First Israel Mortgage

Our very own Dani Schecter got a chance to jot down some of his thoughts on the mortgage guideline revision announced recently.

Israel mortgage guidelines to allow 2/3 of the loan at Prime lending rate What was the rationale behind the Bank of Israel's change in policy? What do the new Israel mortgage guidelines mean and will they work?

Mortgage in Israel: Saving $500,000 I wanted to share a recent deal we closed: Apartment price: $4,470,000 Offer secured through a different broker: Loan amount: 8,500,000 NIS or 50% LTV -appraisal subject to review Rate: 4.41% Life insurance: required Conversion fee to USD: $25,000 Our offer: Rate: 3.58% Loan amount: $2,235,000 -no r...