Home Loan Settlement

MFD Management offers comprehensive solutions that help you take an intelligent approach to your Home Loan Settlement in the UAE.

Don’t Let Your Home Loan Settlement Define Your Lifestyle — Get Smart Solutions for Your Debt Management

We work closely with banks to find the best possible solution for your situation without needing legal proceedings. We aim to help you close or adjust your mortgage liability by offering effective measures like settlement or restructuring, creating a win-win solution for you and the bank.

Messy settlement plans

Lengthy settlement processes

Legal complications

Let's Develop Together

Call our Support: +971 58 584 2043

Who Can Benefit from Our Services?

Our debt settlement services in the UAE are available for borrowers who are:

Facing Unfortunate Circumstances

A job loss or financial hardship can be overwhelming, but we’re here to help you manage your property at MFD Management. We’ll assess its value, look for suitable buyers, and work with your bank to settle the loan on your behalf.

Dealing with a High Debt Burden Ratio

If your Debt-Burden Ratio (DBR) exceeds 50%, our team will carefully analyze your financial situation and offer solutions, such as re-ageing or restructuring plans, to ease the burden.

Affected by Delayed Projects

Sometimes, the problem isn’t you but the projects you’ve invested in. If you’re dealing with delays in property developments, we will engage with the developer and provide a complete solution to help you manage the situation.

Local Expertise

With deep knowledge of UAE laws and financial systems, we are well-positioned to provide effective debt solutions.

Experienced Team

Our team is made up of financial experts and legal professionals who are passionate about helping you succeed.

Personalized Approach

No two financial situations are the same. We tailor our services to meet your specific needs and goals.

Our approach

Services Specifically Designed for Businesses

Our team of financial experts and legal professionals is dedicated to finding the best solutions for you, always with your best interests in mind. We have a deep understanding of local laws and financial regulations in the UAE, and we work closely with you to ensure that you have the right tools and knowledge to overcome your financial challenges.

Settlement Plans

Our Settlement Plans allow you to resolve your home loan liabilities without legal complications. We not only structure a tailored solution for you but also provide a market analysis of your property, find potential buyers, and negotiate settlements on your behalf.

Debt Restructuring

With our Debt Restructuring services, we analyze your financial situation in-depth to design a repayment plan that fits your income, ensuring that your loan is affordable and manageable.

Delayed Project Settlement

If you're facing delays in a property project, we’ll contact the developer for updates on the project status. From there, we will explore options such as refunds or property swaps. Finally, we negotiate with the bank to create a settlement plan that allows you to close the loan efficiently.

how it work?

Our Consulting Process

We provide the best services, ensuring your outstanding growth

Initial Consultation

We discuss your financial situation and the types of debt you are dealing with.

Customized Plan

Based on your needs, we create a personalized debt management plan that fits your budget and goals.

Negotiation with Creditors

We work directly with creditors on your behalf to negotiate better terms, lower interest rates, or debt settlements.

Ongoing Support

Our team is here to support you throughout the entire process, ensuring you stay on track and make progress toward becoming debt-free.

Let’s Collaborate with Us!

347 business center Burjuman
Dubai, 78601

Call Consulting: +971 58 584 2043

Frequently Asked Questions

Some frequently asked questions about the service that you may have questions about

How does home loan settlement in UAE work?

During home loan settlement, the lender agrees to settle the mortgage loan in a single payment (lump sum, which is usually lower than the outstanding loan amount) and to write off the interest as well as penalties. The eligibility for home loan settlement is decided after assessing the borrower’s capacity to repay the loan and the severity of the circumstances.

What does pre settlement loan mean?

A Pre Settlement Loan is not technically a loan. Instead, it’s a type of cash advance that’s contingent on a financial settlement for the plaintiff. It is repaid only if the plaintiff wins the legal claim. In case the plaintiff loses the case, there’s no obligation to repay the advance. It’s important to note that a pre-settlement loan is granted only when there’s a favorable resolution to the legal claim.

Do all lenders consider home loan settlement?

Many creditors and lenders do not consider home loan settlement until debts are 60-90 days past due. If a debt is delinquent for 5 months, you have a greater chance to settle your home loan with the original creditor.

What is the fee for early home loan settlement?

As of November 4, 2019, the fee for early home loan settlement in the UAE is reduced to 1% of the outstanding loan amount or AED 10,000 – whichever is lower. Previously, the early home loan settlement fee was 3%.

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MFDM – We’ll take care of your debts