Abu Dhabi’s Union National Bank, or UNB , has launched a newly designed home finance product offering finance up to 90 per cent of the property value.
The mortgage loan offers and finances up to 90 per cent of the property value with an interest rate of 4.5 per cent for the first two years and with repayment periods of up to 25 years.
The loan facility is offered for both new mortgages as well as for buy-outs of existing mortgages.
The Mortgage scheme offers customers a speedy approval and loan disbursement process, and no mandatory salary transfers, making it one of the most attractive and competitive products fulfilling customers’ aspirations of owning their dream homes.
The customers will also be entitled to a free UNB credit card providing them with extra benefits.
The launch of this latest product is in line with UNB ‘s multi dimensional approach aimed at targeting all segments of the UAE community, Khaleej Times reported.
