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TeleMortgage: Redefining Overseas Home Loan Experiences

TeleMortgage: Redefining Overseas Home Loan Experiences

Created03.11.2023, 17.00

Updated15.04.2024, 15.53

If you've ever dreamed of buying property abroad, you know that financing can be a significant hurdle. Foreign property markets can be filled with incredible opportunities, but they often come with their own set of challenges.

The good news is that TEKCE has a solution that can help you navigate the complexities of overseas property financing. This solution turns your dreams into reality. It's called TeleMortgage, and it's here to simplify the process of securing a mortgage for your property.

Before entering into TeleMortgage, let’s have a look at the mortgage information we need to know.

A mortgage is essentially a sizable loan that you take out to purchase a property. However, it differs from conventional loans in that it usually spans a much longer period. It is often 15 to 30 years.

Key Poınts of Mortgage

Mortgage is one of the most preferred ways to finance a property. The mortgage allows a large amount of costs to be shared over long years for easier payments.
Lenders will evaluate your credit score when applying for a mortgage. They will check your ability to repay based on your income, assets, debts, and credit history.
Depending on your circumstances, you may be eligible for more favorable terms through special loans provided by banks. For example, some banks offer special loans for first-time buyers.
Saving for a substantial down payment can help you qualify for a mortgage, and reduce monthly payments. These rates can be different from one country to another.
The mortgage rate refers to the interest rate you pay on the loan. It can be either fixed, meaning remains constant throughout the loan term. Or it can be variable, fluctuating with market conditions. Your rate significantly impacts your monthly payments and the overall cost of your mortgage.
You may explore all the details of Mortgage in our blog titled "Comprehensive Guide to Mortgages: Everything You Need to Know".

TeleMortgage: Your Virtual Gateway to Homeownership

TeleMortgage is a revolutionary system designed to bridge the gap between buyers and their overseas property dreams. It's a major advantage for anyone looking to buy property in installments or invest in installment sale property abroad.

MAIN BENEFITS OF TELEMORTGAGE

No Language Barriers: With TeleMortgage, you don't have to worry about struggling with technical language barriers. You communicate with the professionals of TEKCE, speaking in your language.
Reduced Administrative Obligations: Forget about carrying important documents back and forth between the bank and government offices. TeleMortgage simplifies the process, by completing all steps on your behalf.
Quick Results: One of the most significant advantages of TeleMortgage is the speed at which you can receive results. In as little as 24 hours, you can get the green light on your investment property mortgage.
Professional Guidance: Local and professional experts of TEKCE will provide you with invaluable insights about the area. They will help you choose the perfect installment sale real estate.

TeleMortgage can help you secure the financing you need, all while sitting comfortably in your own home. Whether you're considering a beachfront condo in Spain, a summer house in Antalya, or a luxury flat in Dubai.

Traditionally, the process of obtaining a mortgage for overseas property could be a hard task. For example with the need for in-person visits to banks and government offices. But TeleMortgage is changing the game. It offers a more streamlined and efficient approach to securing an investment property mortgage.

Steps of Getting a Home Loan with TeleMortgage

The steps of remotely getting a mortgage for buying an overseas property are very easy with TEKCE. In addition, TEKCE’s professionals will handle all steps on your behalf! Let’s have a look at all the steps consisting of the TeleMortgage process.

Select Your Desired Property

Take the first step towards your dream property with TEKCE. You have the option to explore our property listings or reach out to us and tap into the extensive local expertise of TEKCE’s professionals.

Submission of Required Documentation

Once the sales terms have been mutually agreed upon, it's time to submit the essential documents, which include:

• Valid Passport • Tax identification number • Proof of address • Income statement

Application Processing with 24-Hour Results

TEKCE’s team will promptly initiate the mortgage application on your behalf. Within a mere 24 hours, you'll be informed of the application's outcome, ensuring you receive the necessary funds swiftly!

Completion of KYC Document Signing

When you visit a TEKCE office, the only task left is to affix your signature on the KYC (Know Your Customer) documents for your mortgage.

Thanks to this advantageous program, you may buy a property with a mortgage in the entire area of service of TEKCE. Contact us today to experience the easiest remote property purchase.

Comprehensive Guide to Mortgages: Everything You Need to Know

Your Complete Guide: How to Get a Mortgage in Spain as a Foreigner