Did anyone go direct to the banks to get their mortgage? If so can you let me know which ones?
I've had a look at the brokers and i'm not willing to pay the rather large fee.
shak wrote:The Liquidity crises has also hit Morocco and my information is that the Moroccan Banks have pulled back in their lending. I suggest that you speak to the developers and use their contacts. Further if you are buying more than one property & needs to obtain a mortgage, please be aware that it is illegal for non residents to have more than one mortgage.
You, should be on your guard as the so called brokers will charge an up front fee whether you get a mortgage offer or not. In the present climate if you are being promised a mortgage by a broker, insist that you will pay his fee once the mortgage has been drawn down.
Good luck & a happy new year. I am now expecting abuse from mortgage brokers .
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