Comparing mortgage products is
like comparing apples and oranges....
No two products are alike....
Every applicant's financial circumstances
are different....
Like every professional services
company, we do not charge a fee unless you require a service.
If you want to be assured of receiving a mortgage, you are advised
to pay a fee that covers the entire costs of the process, from
application, through to credit committee and on to closing actions.
If you do not pay a fee that
covers the work required, you most likely will not receive a
mortgage - but will most likely have received many re-assuring
promises for the small fee you did pay. Paying a small fee
in the belief that it will save you money is an error- what
is known as a "false economy" - for paying a small fee will
end up costing you more money- because the operators that charge
small fees can not deliver their promises and can not provide
the best mortgage solution for your needs. So often they do
not follow through - we know, because many people that have
had such disappointing experiences eventually arrive at our
door asking us to help.
Please don't be mislead by sweet
talking "yes" salespeople that do not know anything about the
Turkish legal or financial system. Beware UK or Overseas mortgage
brokers pretending to provide Turkish mortgages in the same
way they provide UK or overseas mortgages. Conveyance procedures
in Turkey do not progress smoothly in a standardised manner
like other countries. - the Land Registry is relatively new.;
mortgage conveyance procedures are not standardized at all;
at the moment even bank attorneys are not entirely clear about
the documentary credit procedures required - without cross-border
language skills and extensive experience in both finance procedures
and legal documentation, you may never receive your mortgage
finance- despite the fact that you have received a contractual
mortgage offer with the great terms the broker told you. It
happens all the time.
Always seek a mortgage broker
that has a clearing relationship with or is a solution partner
of Turkish Mortgage Centre (TMC). TMC is the only firm providing
best of market solutions on all Turkish mortgages available
in the market. You can rest assured of results from every broker
working with us - because we have been arranging cross border
finance in Turkey for over 25 years, and WE DELIVER.
The fee you pay to a professional
services firm that provides "best of market" solutions like
Turkish Mortgage Centre is likely to save you many times the
cost you will pay from receiving an inferior product. On a Euro
50,000 (£40,000) mortgage this cost can amount to Euro 6-7,000
(£4-5,600) over the life of the mortgage.
However, if you are not too bothered
about what kind of mortgage product you are obtaining, we can
follow the practice of other mortgage brokers that do not charge
fees, and provide you with a "blind application" to one lender
regardless of whether those mortgage terms are the best available
for your circumstances, or not....
Turkish Mortgage
Centre provides different levels of service and charges fees for specific services
delivered. We are NEVER KNOWINGLY UNDERSOLD so
if you provide us with an email offer for services and fees from another broker,
we guarantee to perform the same services offered at a better price and lesser fees.
At Turkish Mortgage Centre, we
recognize that every applicant's personal financial circumstances
are different, and we recognize that every lender's mortgage
product, document requirements, and credit policy requirements
are different. That's why we make the special effort to perform
a thorough analysis of your circumstances and the mortgage products
you are eligible for, in order to identify the
BEST TURKISH MORTGAGE PRODUCTS for YOU.
So if you really are concerned
whether you are getting the best mortgage in terms of interest
costs, legal jurisdictions, special product terms, and loan
to value, then we will gladly accept a fee to cover the costs
of the providing you with the best advice available anywhere
today in the Turkish Mortgage Market. We guarantee the amount
of the fee will be no more than a small fraction of the costs
you save.
Complete Fee and Transaction
Cost Illustrations are available upon request.
Legal & Compliance: Please remember that obtaining a PRIME mortgage in Turkey requires your property purchase contracts, payment documents, foreign exchange accounting, personal financial and tax documents, and property permitting & cadastral documents, to be fully compliant with Turkish mortgage legislation, anti-money laundering regulations, and all other legal & financial procedures. Turkish Mortgage Centre is the only organisation providing the complete range of in-house services to resolve these issues. Please contact us and request additional information on Private Client Investor Services.
Every property purchase transaction is different- please PRE-QUALIFY now by completing the form on the PRE-QUALIFY page, and receive a free budget estimate of the complete costs of both the mortgage application and property purchase transaction- we don’t hide costs or fees.