American Non-Resident Mortgage & LTV
Non-resident LTV caps, borrowing requirements, and documentation guide for American Non-Resident nationals.
Your LTV Summary
Status
Non-Resident
Tourist or short-stay visa
First Property LTV
55%
Maximum loan-to-value cap
Second Property LTV
40%
For investment properties
Maximum Loan
AED 6.5M
Absolute cap per property
Special Notes for American Non-Resident
Limited availability; Standard Chartered and HSBC preferable. FATCA compliance mandatory.
Documentation & Requirements
Required Documents
- • Valid passport (or home country ID)
- • Passport or travel document
- • Latest 3 months' salary slips
- • Latest 6 months' bank statements
- • Employment letter on company letterhead
- • Proof of down payment source
Additional Considerations
- Debt-to-Income Ratio: Usually capped at 50% for non-residents (40%)
- Salary Transfer: Some banks require salary transfer to their account
- Minimum Salary: Typically AED 4,500–10,000 depending on lender
- Processing Time: 5–10 days for residents, 10–20 days for non-residents
Borrowing Power Examples
| Property Price | Your LTV | Max Loan | Down Payment |
|---|---|---|---|
| AED 1.0M | 55% | AED 0.55M | AED 0.45M |
| AED 2.0M | 55% | AED 1.10M | AED 0.90M |
| AED 3.0M | 55% | AED 1.65M | AED 1.35M |
| AED 5.0M | 55% | AED 2.75M | AED 2.25M |
| AED 10.0M | 55% | AED 5.50M | AED 4.50M |
Ready to Explore Your Options?
Our team can verify your specific LTV cap, calculate your borrowing power and guide you through the pre-approval process with the best lenders for your profile.