Banks charge a fee of around 0.25% to open the mortgage file. In most cases IsraMortgages clients get a substantial discount on this fee.
When purchasing a second hand property, the banks require you to have an appraisal of the property. The cost of this can range from 300 – 3,000 NIS depending on the size and value of the property.
Other Miscellaneous Costs
All banks require you to take out life and property insurance. We can put you in contact with people that will help you out for these insurances.