- If you do not keep up with your payments, you will be committed to pay a donation amount based on the bank’s request (if any) and legal action may be taken if you fail to respond to any reminder notices issued
- Your property may be foreclosed upon, and you will have to bear all related costs. You will also be responsible for settling any shortfall after your property is sold
- Any legal action against you may affect your credit rating, which may limit your ability to access financing and make it more difficult or more expensive to access financing in the future
- You may have to pay applicable early settlement charges if you settle the full financing early
Do you have pre-approval from the Sheikh Zayed Housing Programme(SZHP) or Mubadarat? Register your approved home finance on the FAB NHL app. The FAB NHL app puts your future in your hands with a seamless end-to-end digital experience.
It’s simple, secure and hassle-free, and you don’t need to visit a branch. Simply stay on top of your home finance anywhere at any time.
Just follow these simple steps to enjoy the app’s benefits:
Download the FAB NHL app and register.
Review your approved home finance amount.
Apply for additional home finance if required and subject to eligibility.
You’re all set! Our FAB Islamic advisor will contact you shortly.