Plot finance
Plot finance is a specialized loan designed to help individuals and businesses purchase land. Whether you’re planning to build your dream home, develop a commercial property, or hold land as an investment, land mortgage loan Dubai provides the necessary funding to acquire land in strategic locations. At Probo Mortgage, we understand the complexities of plot financing and offer customized solutions to help you secure the land mortgage loan UAE clients need.
Why Choose Probo Mortgage for Plot Finance?
Flexible Loan Terms
We provide financing options that align with your development plans and investment goals, ensuring you get the flexibility you need.
Competitive Rates
Our close relationships with lenders allow us to secure some of the best rates in the market, making your land investment more affordable.
Fast Approvals
Our streamlined process ensures quick approvals, so you can seize opportunities in the real estate market without delays.
Benefits of Plot Finance
There are many reasons to consider plot finance for your next land purchase:
- Investment Opportunities: Land typically appreciates in value, offering long-term financial gains.
- Flexible Development Timeline: Owning the land gives you the freedom to develop it at your own pace, whether you want to build immediately or wait for market conditions to improve.
- Tax Advantages: In some cases, land purchases and associated costs may offer tax benefits, depending on local regulations.
Eligibility for Plot Finance
Lenders typically require documentation of your financial ability to repay the loan, such as salary slips or business income statements.
A down payment, usually ranging from 20% to 40% of the plot’s value, is required depending on the lender’s criteria and the land’s purpose.
A good credit score is important for securing the best rates and terms. At Probo Mortgage, we help you evaluate your creditworthiness and provide advice if improvements are needed.
The land you intend to purchase must have a clear and marketable title, meaning there are no legal disputes or ownership issues.
How the Plot Finance Process Works
Consultation
Consultation
Pre-Approval
Pre-Approval
Plot Search
Plot Search
Loan Application
Loan Application
Approval and Offer
Approval and Offer
Finalization
Finalization
Contact Us Today
Interested in purchasing land? Probo Mortgage is here to help you every step of the way. Contact us today for a consultation, and we’ll help you find the right plot finance solution for your needs.