Mortgage banks
- Mortgage Bank
Union Bank. - National Bank.
- First International Bank.
- Bank of Jerusalem.
- Tefahot Bank.
- Sirs Bank.
- Independence Bank.
- Discount Bank.
The ten rules
Don’t forget to ask about the fine for early repayment
In some cases, fixed-rate loans can be obtained without a penalty for early repayment. We never know where we will be in a few years. Therefore, try to get the loan today under the best conditions even if you do not seem to use early repayment in the near term (never disqualify possible lottery winnings).
With a variable interest rate loan, make sure that interest rate changes occur and how much interest rates change
Remember that variable interest rates can determine the repayment periods and interest rates to which your original interest will change on the day of the change. Please note these details as they will be very critical on the day of June interest rates.
In any proposal you will argue that another bank has given you better conditions.On any offer you will always claim that another bank offered you better terms. Remember the mortgage market is a market for everything and therefore the market behaves like the market. For any offer you always get, say that at the nearby bank (it should be big and familiar) you have offered a little better conditions and so you can without any survey and comparison improve your situation.
Were aggressive when negotiating with the banks Be aggressive when negotiating with the banks as the banks need you more than you need the banks. Let us not forget, after all, we bank and bank customers invest a lot of money to get their customers.
Know the interest rates offered by the banks in the various mediaGet to know the various multiples and operations offered by the banks. On this site you will find the mortgage comparison tables. To be the most up-to-date, look for the various newspaper specials, advertisements in all media and the better you can bargain. Remember, every 0.1% interest is a lot of money.
Try to talk to the most senior level you will get Try to talk to the most senior level you will achieve. The well-known rule of higher rank has more powers also works in this case. The higher the rank, the more it can give you.
Make sure for yourself what amount of refund you will have to pay and do not trust the bank clerk Make sure for yourself what amount of refund you will have to pay. You can always use Bankwright’s mortgage calculators or even a simple financial computer. In this way you will know the exact calculation and also what will happen to the amounts by changing each of the parameters such as the loan period, interest rate and more.
Before the decision, select the conditions in all possible routes Before the decision, select the conditions in all possible routes: fixed interest, variable interest and various linkages. In such a way you will have all the information you need to make the decision. Don’t be afraid of the many questions you will ask as banks are used to expecting all the questions.
The mortgage market is a market for everythingThe mortgage market is a market for everything. It is certainly possible by stubborn negotiations to improve your situation with the banks. For informed bargaining, it is recommended to have a preliminary survey.
You can always find a relative who is close to the branch manager This rule is always true. In a small country like ours you can always find a relative who serves with your branch manager’s uncle in the same battalion. This will automatically give you additional benefits and even decide on the bank where you take out the loan.
