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Buying Property in Israel
as an Overseas Resident

 

Thinking of making Aliyah and want to buy a property in Israel?
Not making Aliyah yet but still want to own a piece of the Holy Land?

This is a big and exciting step – and we are here to help you turn this dream into reality.

Calculat Your Mortgage
Client Deal Assessment

Based on Their Financial Capacity and Needs.

1
Submitting Initial Documents

To verify the client’s income and the status of the property:
For salaried employees – payslips.
For self-employed individuals – tax assessment and an income confirmation from an accountant.
This is done to evaluate the feasibility of proceeding.

2
Based on this initial information, a preliminary approval is obtained from the bank

It is important to note that the final verification of the data on which the deal is based will be conducted by the bank, and the property valuation by the appraiser is the final determining factor

3
Proceeding to Contract Signing

At this stage, you can move forward with signing a purchase agreement for the property, or alternatively finalize an agreement with a contractor for renovations.

 
 
4
Building the Optimal Mortgage Mix

At this stage, we structure the mortgage mix and create a competitive process between multiple banks, negotiating until we achieve the most cost-effective mortgage composition tailored to your needs.

 
 
5
Loan Underwriting & Documentation

The bank sends the required documents for underwriting, including mortgage deeds, legal approvals signed by an attorney, and consent for a second lien if required.

6
Issuing Required Insurance Policies

We arrange the necessary insurance policies through an insurance agent, including life insurance and property insurance, covering the loan amount provided by the bank.

 
 
7
Signing at the Bank Branch

You visit the bank branch handling your mortgage application to complete and sign all required documents.

 
 
8
Final Credit Approval & Fund Disbursement

The file is submitted to the bank’s credit underwriting department, and if all required documents are in place, the funds are released to your account within a few days.

 
 
9

Why Is the Purchase Process More Complex for You?

Buying a property requires relying on a number of professionals: a real estate agent, lawyer, appraiser, accountant, insurance agent, mortgage advisor, and more. The process takes time and can be complex and lengthy – especially when it takes place in a country whose procedures are still unfamiliar, the language is less accessible, and the full picture of the transaction is hard to see from the outside.

Full Professional Guidance – Lite Credit

That is exactly why we founded Lite Credit – a mortgage consulting firm specializing not only in advanced credit solutions, but above all in providing comprehensive guidance throughout the entire transaction: from finding reliable agents, accountants, and attorneys, to everything else needed to complete the deal successfully.

✦  We specialize in financing solutions for overseas residents – up to 75% financing!

Ready to Make Your Dream a Reality?
Leave your details and we will do everything we can to help you achieve your dream!

📞 Contact Us Now – Lite Credit