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
We were very reluctant to take out a mortgage in a foreign country, but following the recommendation of a few friends, we decided to use Gold Mortgages to start the process. Looking back it could not have been easier and it goes without saying that this was due to the professionalism and friendliness of Gold Mortgages.
Gold Mortgages is the place to turn to, from start to finish, we got a service unparalleled to anyone we've worked with before.
Avrumi, your dedication to our application and needs is second to none. You oversaw the whole complicated procedure and handled it with the utmost care. I couldn't have made a better choice.
From beginning to end the experience was unbelievable! We couldn't have expected anything better from overseas… All over the phone and we felt like we were there in Israel the whole time. In general, it isn't easy working with foreign procedures and applications, but you gave us the best service and with a real American touch!
Thank you to Gold Mortgages for guiding and helping us through the complicated process of acquiring a mortgage overseas. Being so far away, you made it easy and manageable. Your attention to detail and approachability made it a real pleasure to work with you.
Avraham takes care of your application without bothering the client and takes charge on his own as much as possible. We were thrilled to see the result and could not have come out with a better deal!
It was a pleasure to work with Avrumi. The entire process couldn't have been smoother, and anytime I had a question regarding my payments, I gave him a call and he was always there to help.
I was amazed by the attention to detail and professionalism I experienced with Gold Mortgages. They were literally available at any time I tried to contact them regarding my mortgage. Their team is simply amazing.
I had an amazing experience! A team of experts taking care of every step that was necessary while I was back in the U.S. That included arranging the appraisal, opening a bank account for me in Israel, getting the money transferred and obviously obtaining the mortgage. Ever since then I refer Gold Mortgages to all my friends.
I was looking to invest in Israel, and after finding the project I wanted to invest in I needed mortgages for multiple apartments. Avrumi was always there for me and I believe I got a great deal, and had an amazing experience overall.
I live in Israel but am not a citizen. I was looking for a mortgage broker specializing in working with foreigners. Several people recommended Avrumi to me, and I decided to go with him. I understand why everyone recommended him, and now I recommend him as well. He is genuinely here to help you through every step of the process.
After I bought my apartment in Israel, I needed to take a mortgage and my lawyer recommend Avrumi Goldenberg as the top mortgage broker. I immediately connected with him and to me he is more like a friend than my mortgage broker. He is super dedicated to what he does and I highly recommend him.
I met with Avrumi before I bought my apartment and he recommended I get a preapproval even before signing. That helped me to know how much money the bank would give me and gave me the opportunity to buy the apartment I really wanted. I recommended him to my siblings that later used his services as well.
I grew up with Avrumi in Switzerland. Went I bought my apartment in Jerusalem it was obvious I would use Avrumi as my mortgage broker. The service I received exceeded all my expectations. I will definitely be coming back to you next time!
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