Property Investment Finance by Obelisk International

Our International Mortgage Process If you are looking to buy a property abroad, it makes financial sense to talk over your plans and options with an expert.

• Obelisk Private Finance can advise on important matters such as how much international lenders are prepared to lend and their charges, as well as suggest the most suitable mortgages available through our expert local knowledge.
• Obelisk Private Finance works in tandem with well known international banks and local lenders.
• Our Private Finance team handle the full mortgage process from start to finish including pre-qualifying clients for a mortgage prior to purchase, sourcing the most beneficial mortgages, administering the application, ensuring a smooth process through to completion and liaising with lenders and lawyers to ensure funds are released promptly.
• Obelisk Private Finance endeavours to provide clients with a hassle free service. To that end, we have established a simple process when applying for a mortgage.

Step 1

One of the most important factors when applying for finance is to ensure that all your documentation is in order prior to application. This can often be the main cause of delay.

The next section provides a detailed list of all required documentation depending on each individual’s fiscal status. For those looking for finance upon completion of their off plan property, ideally documentation should be prepared 3-6 months prior to the completion date.

Step 2

Obelisk Private Finance has sourced the best mortgage products available in each country. Guided by your personal Finance Manager, each client will be presented with a list of preferential mortgages.

Your personal Finance Manager is there to analyse your individual situation, goals and needs in order to ensure the right package is chosen. They will provide you with completely transparent information removing any potentially stressful decisions.

Step 3

Once the preferential arrangement has been chosen the mortgage application needs to be submitted along with all the documents previously prepared. Again, your personal Finance Manager will guide you through the application process and answer any queries you may have.

Step 4

Once the chosen mortgage provider has received all the documentation and mortgage application, they will give a provisional approval, subject to valuation.

Step 5

The next stage will involve a valuation by the lender of the property to be mortgaged.

Step 6

Once the valuation has been made the mortgage provider will confirm the mortgage application by making an offer of mortgage.

Step 7

On the prearranged completion date, mortgage funds will be released by the bank to the client’s lawyer. We advise clients to allow for 10-12 weeks for the entire process – from application to bank to completion.

For more information on property finance visit: www.obeliskfinance.eu

• Argentina
• Brazil
• Bulgaria
• Cape Verde
• Croatia
• Cyprus
• Dubai
• Egypt
• Greece
• Italy
• Malaysia
• Morocco
• Northern Cyprus
• Romania
• Slovakia
• Slovenia
• Spain
• Thailand
• Turkey