Olim Mortgages

As a new immigrant you are entitled to apply for an oleh mortgage if you are not a homeowner.

These loans are Shekel loans linked to the cost of living index and are offered at 4% and can be paid back at any point. The problem with these is the fact that you can currently get cheaper loans with the banks!

To qualify, the person or family must be:

  • Non-homeowners
  • Over 21 years of age
  • Temporary residents and tourists are not eligible for these mortgages

Qualification for this type of mortgage is calculated on a points basis, based on age, number of years married, siblings , children and army service.

Contact us for help calculating your entitlement.