Your application will be evaluated on the following criteria:

• Your income stream
• Your employment history and stability
• Your ability to handle current obligations as well as new ones
• The value of the property being purchased or refinanced
• Your assets to assess your ability to meet your down payment

Life Insurance: Life Insurance is also mandatory from OIC (For T&C's click here). Customers with Please Note:    - An Assignment Fee will be applicable and a policy can only be assigned at loan origination     - Existing life insurance policies can only be assigned at loan origination.existing life insurance policies through Oman Insurance Company, Zurich and Alico have the option to assign* the policy to the Bank provided that it meets the following criteria:

• Policy is more than six months
• Policy covers the loan value
• Policy covers the tenure of the loan including the construction period
• Policy is active and insurance premium is paid up to date

• Application form
• Passport copy with valid visa
• Salary Certificate addressed to Mashreqbank
• Last six months original bank statements
• Liability letter from the bank addressed to Mashreqbank
• Photocopy of Purchase Contract
• Photocopy of Down Payment receipts

• Application form
• Passport copy with valid visa
• Last six months bank statements personal and company
• Liability letter from the bank addressed to Mashreqbank
• Memorandum and articles of association
• Audited financial statements of last 2 years
• Board resolution copy
• Trade license copy
• Copy of Chamber of Commerce Registration
• Business profile on company letterhead
• Photocopy of Purchase Contract
• Photocopy of Down Payments