In this new episode of Aliyah Money Talks, I am joined by Yoni Hyman, a private mortgage consultant with years of experience helping Olim purchase properties in Israel. We talk all about how the mortgage system works here and what important details you need to be aware of as you prepare to evaluate your options around financing a property. Scroll down for a full list of topics covered.
You can reach Yoni on Facebook, email or at 054-239-3258.
Main topics discussed
1:35 – Walk us through the process of getting pre-approval
2:55 – How can a prospective buyer get a basic understanding of what kind of mortgage they would be eligible for before they find the property they want to buy?
5:00 – How does putting a down a larger down payment affect mortgage rates?
6:00 – Give us a rundown of the different types of mortgages
8:05 – What should someone do if they are very concerned about inflation and rising interest rates?
10:35 – What other additional costs should someone factor in when thinking about a mortgage?
13:10 – If someone is buying a home prior to Aliyah, what differences should they factor in if they are not yet Israeli residents?
14:20 – What are some of the consequences for paying back a mortgage early?
15:10 – Summarize some of the benefits of using a mortgage broker/consultant?
- About the author
- Latest from this author
I help Olim make more confident decisions by sorting through the complexity around personal finance in Israel and delivering a well organized path forward.
To reach out with any questions, click here.
