The Richman Broker Experience

Our team of experts is here to help you succeed, guiding you through each step of your journey with ease and confidence.

Our mission is to empower you with the right mortgage solution for your commercial or residential property

Save Money

Guard yourself against hidden fees and reduce your upfront costs. With our assistance, you could save hundreds of thousands of dirhams over the duration of your mortgage.

 

Guidance Throughout Journey

Navigating the mortgage process can often be intimidating and perplexing. At Richman Commercial Broker, we not only manage the entire journey, but also ensure that your application is approved in a timely manner, enabling you to relish your new home sooner.

Your Trusted Advisor

Acting on your behalf, we are committed to safeguarding your interests throughout the home buying process. Our team of experts will proficiently assist you in understanding and negotiating contract terms.

Ongoing Support

We pride ourselves on cultivating long-term relationships with our clients, providing unwavering support and guidance even after the home-buying journey comes to an end.

How it works

1. Initial Consultation

Our expert residential and commercial mortgage brokers conduct a thorough initial consultation to gain a deep understanding of your unique goals. We consider various aspects such as your finances, employment status, age, mid to long-term plans, and the type of property you are interested in purchasing.

2. Personalized Recommendation

With access to all lenders in the UAE, we identify the right mortgage products that are most suitable for your goals. We then explain your options in detail, highlighting the benefits and drawbacks of each. This ensures you have all the facts necessary to make an informed decision on the best course of action.

3. Agreement, Application and Pre-approval
  • When you are confident in moving forward, we will ask you to sign our customer service agreement. This gives our expert brokers the authorization to work diligently on your behalf.
  • We meticulously package your application and submit it to the bank for you. Understanding that different banks require different information, we collect the correct details to guarantee a successful and timely pre-approval.
  • Our team boasts the highest pre-approval success rate with the banks!
  • In the event that the bank has queries regarding your application, we handle all communication on your behalf, saving you time and hassle.
4. Expert Mortgage Processing

As a dedicated residential and commercial mortgage broker, we understand that finding the perfect property is just the beginning.

  • Upon discovering your ideal property, our experts will help you navigate the Memorandum of Understanding (MOU) and purchase contract. We ensure that the terms are in your favour, safeguarding your interests before you sign on the dotted line.

  • Next, we’ll arrange for the property valuation. Should any issues arise with the valuation outcome, our experienced team will work with all parties involved to resolve these discrepancies on your behalf.

  • To keep things moving forward, we facilitate the opening of your mortgage bank account and provide assistance with the necessary documentation – preventing any unnecessary delays in the process.

5. Securing The Final Offer Letter

As a dedicated residential and commercial mortgage broker, we understand that finding the perfect property is just the beginning.

  • Upon discovering your ideal property, our experts will help you navigate the Memorandum of Understanding (MOU) and purchase contract. We ensure that the terms are in your favour, safeguarding your interests before you sign on the dotted line.

  • Next, we’ll arrange for the property valuation. Should any issues arise with the valuation outcome, our experienced team will work with all parties involved to resolve these discrepancies on your behalf.

  • To keep things moving forward, we facilitate the opening of your mortgage bank account and provide assistance with the necessary documentation – preventing any unnecessary delays in the process.

6. Seamless Property Transfer Process

At our residential and commercial mortgage brokerage, we ensure a smooth property transfer process for all our clients:

  • Obtaining a Liability Letter: If the seller has a mortgage on the property, it will need to be confirmed formally via a liability letter. Our expert conveyancers will promptly request one from the seller’s bank to avoid any delays.

  • Mortgage Disbursement & Document Delivery: We take care of arranging for mortgage disbursement and delivering property documents to the conveyancer, allowing them to obtain the No Objection Certificate (NOC) required for property transfer.

  • Property Transfer Meeting: A convenient time will be scheduled for all parties involved, including the buyer, seller, and conveyancer, to meet at the trustee office and complete the property transfer and title deed issuance.

  • Document Verification: During the crucial property transfer phase, important documents are shared among all stakeholders. Our team will carefully check all relevant documents, such as the liability letter and NOC, to prevent any issues or delays in the process.

7. Settling Into Your New Home

Once the property transfer is complete, it’s time to enjoy your new home! Collect the keys to your property and start creating unforgettable memories in your new space.

We make the banks work for you

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