Who can apply for the Bank Otsar Mortgage 360?
The Mortgage 360 is available to individuals seeking financing to purchase residential properties. New and existing Bank Otsar customers can apply as long as they meet the credit criteria set by the bank.
Furthermore, customers who transfer their salary account to Bank Otsar can access additional benefits such as reward points and preferential interest rates, making the mortgage even more attractive.
Requirements to acquire the Bank Otsar Mortgage 360
✔ Valid identity document
✔ Proof of income
✔ Proof of residence
✔ Details of the property to be financed
✔ Credit history
✔ Other requirements may be requested
A tip for you!
Before applying for a Mortgage 360, it is important to assess your financial capacity and ensure that the monthly payments fit into your budget. Use financing simulation tools to understand the costs involved and plan accordingly.
Also consider the additional benefits offered by Bank Otsar, such as coverage of the first monthly payment and preferential interest rates for customers transferring their salary account. These advantages can provide significant savings over time.
Finally, consult a financial advisor or bank representative for detailed information about financing terms and any questions you may have, ensuring you make an informed decision.
What are the rates for Bank Otsar’s Mortgage 360?
Mortgage 360 offers an attractive interest rate of Prime minus 1% for amounts up to NIS 200,000 or 20% of the total mortgage amount, whichever is lower. This condition allows financing borrowers to take advantage of a competitive rate in the market.
It is recommended to check current rates at the time of application and discuss details with a bank representative to fully understand the costs associated with financing.
How do I apply for the Bank Otsar Mortgage 360?
To apply for Mortgage 360, visit a Bank Otsar branch or contact customer service. A representative will provide guidance on the application process, required documents, and assess your eligibility for financing.
Click the button below to find out more about Bank Otsar’s 360 Mortgage and take advantage of its advantageous conditions.