Services

First-home mortgage guidance in Israel

Plan a first-home purchase around available equity, transaction costs, a sustainable payment and the conditions of preliminary mortgage approval.

Before choosing a property, establish a budget that leaves room for life after the purchase. Guidance connects available cash, surrounding costs and possible financing, rather than treating the largest loan a bank might approve as a target to use in full.

Discuss your situation

Who this is for

First-time buyers in Israel who want a financing framework before signing a purchase contract.
Buyers who have found a property or received preliminary approval and need to check its assumptions against their household budget.

What we check together

Equity sources and availability dates, including whether family support is a gift or an obligation to repay.
Cash remaining after transaction costs, moving and reserves; monthly affordability with existing debts and a less comfortable scenario.
Approval conditions, mortgage-track risks and a possible gap between purchase price and the lender's property valuation.

What you receive within the agreed scope

A purchase-budget and payment framework with explicit assumptions and gaps to resolve.
An explanation of financing alternatives and questions for the bank; where offer comparison is included, a comparison using consistent amounts and terms.

How to prepare

Income information, account statements, existing loan details and a list of savings with access dates.
Your target price range, household expenses and any offers or draft contracts already received. You do not need a chosen property to begin planning.

The process

Set the budget before the loan target
Map equity, costs and reserves, then identify a payment range to test with lenders.
Review the approval picture
Identify missing evidence and conditions still requiring verification; preliminary approval is not a release of funds.
Compare and prepare the next steps
Within the agreed scope, examine alternatives and organize tasks before signing and funding, alongside the bank and your lawyer.

Scope and fees

Fees are individual and depend on case complexity, financing size, lenders and the support needed. The scope, deliverables and fee are agreed in writing before work begins; follow-up work outside that scope requires a separate agreement.

This information is a planning framework, not financing approval or a credit offer. The lender determines eligibility and terms after reviewing documents and the property. No rate, saving or completion date is guaranteed. Legal and tax matters require the appropriate professionals.

Frequently asked questions

Can we start before finding a property?

Yes. Income and available equity can support an initial budget. Final financing assessment also depends on the chosen property and its documents.

Is preliminary approval enough to sign?

Do not decide from the headline alone. Review validity, conditions, evidence and the property, and discuss contractual obligations with your lawyer.

Should all our savings become the down payment?

Not necessarily. Allow for transaction costs and reserves. Reducing the loan is not helpful if it leaves the household without essential liquidity.

Tools and next steps