SPIRIT: Mortgages in Israel

SPIRIT: Mortgages in Israel

Learn the Intricacies of the Israeli Mortgage Process:

• Qualifying requirements
• Prepayment penalties
• Fixed, Variable, Currency
• New Construction
• Loan to Value limitations

Hear a thorough discussion of the Israel mortgage market. Learn the important rules that govern who is eligible for a loan as well as the different programs available. Learn the importance of negotiating with the bank to make sure you are securing the best rate they are offering. By the end of the program, you should know the questions to ask in regards to your purchase.

Norman Shapiro has been in financial services for over 40 years and a mortgage consultant with First Israel Mortgages for the last five years. The company is the largest mortgage broker servicing  the  Anglo community in regards to purchases in Israel and they have been helping buyers for over 14 years with approximately NIS 1 billion in closings per year. The company has relationships with the different banks making loans to apartment and home buyers and they negotiate with the various lenders on your behalf in order to secure the best rate and term.

David Siegel has been a lender focusing on the financing needs of individuals for nearly 15 years and with his new affiliation with First Israel he can help secure the best financing option for your Israel purchase.

Click here to register for the Zoom link for on-site participation and to receive the recording following the program

CORPORATE SPONSORS:  

MEMORY MATTERS — https://renayudkowsky.com/signature-course/

CAPITIL REAL ESTATE — https://capitil.com/

MEDICARE INSURANCE SPECIALIST — https://www.65andready.com/

FORSPANKLEAR, LLP — https://www.forspanklear.com/

WINSTON WEALTH ADVISORS — https://www.winstonwealthadvisors.com/ou-spirit

SCHWARTZ BROTHERS JEFFER/SINAI CHAPEL/PARKSIDE MEMORIAL CHAPELS — https://www.dignitymemorial.com/funeral-homes/forest-hills-ny/schwartz-brothers-jeffer-memorial-chapels/4131

CITIZENS BANK — https://lo.citizensbank.com/nj/woodcliff-lake/david-siegel

JRESPONDER — https://www.sosresponder.com/

KORINSKY & KLEIN, LLP —  https://www.kklawfirm.com/

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The information provided by the OU SPIRIT program is for informational purposes only and should not be construed as advice on any legal/medical/nutritional/mental health/ financial/halachic or other subject matter.  You should not act or refrain from acting on the basis of the information you learn during a SPIRIT program without seeking legal/medical/nutritional/mental health/financial/Rabbinic or other appropriate professional advice.

Partnering Synagogues:
Anshei Chesed Congregation, Boynton Beach (FL)
Anshei Emuna Congregation, Delray Beach (FL)
Beth David Synagogue, West Hartford (CT)
Bialystoker Synagogue, New York (NY)
B’nai Israel-Ohev Zedek, Philadelphia (PA)
Congregation Agudath Sholom, Stamford (CT)
Congregation Ahavas Sholom, Columbus (OH)
Congregation Aitz Chaim, West Palm Beach (FL)
Congregation Anshe Sfard, New Orleans (LA)
Congregation Anshe Sfard Kehillat Torah, Glendale (WI)
Congregation Beth Hamedrosh, Wynnewood (PA)
Congregation Beth Aaron, Teaneck (NJ)
Congregation Beth Ora, Montreal (QUE)
Congregation Beth Sholom, Providence (RI)
Congregation Bnai Yeshurun, Teaneck (NJ)
Congregation Etz Chaim of Kew Gardens Hills (NY)
Congregation Kehilath Jeshurun, New York (NY)
Congregation Machane Chodosh, Forest Hills, NY
Congregation Ohav Zedek, Wilkes-Barre (PA)
Congregation Ohr Torah, West Orange, NJ
Congregation Tiferet Israel, Austin (TX)
Congregation Torah Ohr, Boca Raton (FL)
Congregation Zvi Jacob, Utica (NY)
Darchei Noam, Minneapolis (MN)
East Denver Orthodox Synagogue (EDOS), Denver (CO)
Fleetwood Synagogue, Fleetwood (NY)
Jewish Center of Atlantic Beach (NY)
Kehillat New Hempstead (NY)
Kehillat Shaarei Torah of Toronto (ONT)
Keneseth Beth Israel, Richmond (VA)
Ner Tamid Greenspring Valley Synagogue, Baltimore (MD)
Suburban Orthodox Congregation Toras Chaim, Baltimore (MD)
Suburban Torah, Livingston (NJ)
United Orthodox Synagogues, Houston (TX)
Young Israel of Bal Harbour, Surfside (FL)
Young Israel of Brookline (MA)
Young Israel of Deerfield Beach (FL)
Young Israel of East Brunswick (NJ)
Young Israel of Elkins Park (PA)
Young Israel of Fort Lee (NJ)
Young Israel of Hillcrest (NY)
Young Israel of Hollywood/Ft. Lauderdale (FL)
Young Israel of Kew Gardens Hills (NY)
Young Israel of New Hyde Park (NY)
Young Israel of Plainview (NY)
Young Israel of Queens Valley (NY)
Young Israel of Southfield (MI)
Young Israel of Stamford (CT)
Young Israel of West Hartford (CT)
Young Israel of West Hempstead (NY)

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For all questions or to become a Partnering Synagogue, please contact Rebbetzin Judi Steinig, steinigj@ou.org