How it Began
Hi, my name is Avraham Goldenberg.
I was born and raised in Zurich, Switzerland and met my wife in
New York in 2008. In fulfillment of our life’s dream we made Aliyah, and from the moment we landed I fell in love with the culture and beauty of Israel. I always visualized building a family in the ancient holy city of Jerusalem, but when I set out to purchase my first home, the bumps in the road left me unsure whether I could really make this work. But my heart was set on living in Israel, and I wasn’t going to give up so fast…
Why Choose Us
Personal
We understand that different mortgages work for different people. We will recommend a mortgage, be it residential or commercial, best suited to your personal needs. We guide you and explain the entire mortgage process every step of the way.
Professional
We guarantee to attain the best rate for you, offering up to 75% of the value of the property, instead of the standard 50% usually given to foreigners. We network with the leading banks in Israel, to assure you the most suitable mortgage for your specific needs.
Accessible
We operate out of our Israel office, however, we are available during foreign hours to answer any query which may arise. We hold your hand throughout the process, and there is no question we deem too small to respond to. We answer promptly and will clarify any concern you have.
Home Loan
Commercial Loan
Frequently Asked Questions
The bank will offer a choice of three to five approved appraisers, of which there is a fixed fee. Their job is twofold:
- They will verify the legality of the property and any building work which the property may undergo.
- They will evaluate the property. You will receive a mortgage on the appraisers’ value of the property, even if the purchase price was higher. Conversely, if the purchase price was less than the appraisers’ evaluation, you will receive a mortgage based on the listed price.
When purchasing first hand property an appraisal is not required.
You do not need to be purchasing commercial real estate in order to get a commercial loan. There are two ways you may qualify for a commercial loan:
1. If you own multiple properties, the bank considers you to be a real estate investor.
2. If you purchase the property under your company (LLC).
Generally, a mortgage loan can be taken for up to 30 years, with principal and interest payments. There is one stipulation; the borrower may not be over the age of 85 when the term of the mortgage comes to a close.
According to the Bank of Israel regulations, the bank can charge an origination fee of 360 NIS for a residential loan and up to 25,000 NIS for a commercial loan, As an accredited mortgage brokerage, Gold Mortgages gets a discount of up to 50% of the commercial loan's origination fee. Appraisal and lien fees also apply.
What Our Clients Say
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