● Refinance / Balance Transfer

Optimise your home loan with balance transfer.

A balance transfer means moving your existing home loan to another lender. Whether you're chasing better interest rates, improved terms or simply a tidier set of finances, a balance transfer can help. Our advisors guide you to a more suitable mortgage with sharper rates and stronger conditions.

● Why balance transfer with us

Five advantages of switching with Marker.

Effortless process. A smooth flow for moving your existing home loan across to a new lender.
Lender access. Our network of lenders ensures you see the best balance transfer options on rates, terms and monthly repayments.
Tailored solutions. A personalised approach shaped to your unique situation.
Transparent approach. Clear information on rates, charges, terms and any associated risks.
Proven track record. Trusted experience and a strong history of delivering balance transfers.

● Common questions

Balance transfer FAQ.

Who can apply for a balance transfer?›

Anyone with an existing UAE home loan who wants to move to a different lender, secure better terms or chase sharper rates can opt for a balance transfer.

What documents do I need?›

Standard documents include passport, residence visa, Emirates ID, salary certificate and bank statements. Self-employed applicants add trade licence and company bank statements. Lenders also require the property documents and proof of existing mortgage repayment history.

What's the application process?›

We've designed a frictionless flow. From application through approval and final settlement of the transfer, the team walks you through every step.

Do you have a track record with balance transfers?›

Yes. Marker Finance has built a record of delivering balance transfers and securing financing for UAE homeowners. Our experience translates into reliable, professional support throughout.

Are there fees associated with a balance transfer?›

Your existing lender may charge fees in line with UAE Central Bank regulations. Currently, the early settlement fee is regulated at 1% of the outstanding loan amount, capped at AED 10,000.

How do I obtain a liability letter?›

To get a liability letter, inform your existing lender that you're undertaking a balance transfer for your mortgage. The letter is required to advance the process with the new bank.

What are the advantages of a balance transfer?›

The three biggest advantages are improved terms and conditions, sharper interest rates, and stronger cash flow.

What considerations matter when opting for a balance transfer?›

Key considerations include interest rates, fees and charges, an honest cost vs savings analysis and any legal or regulatory aspects. The decision should align with your overall financial strategy.

Am I guaranteed better terms?›

Negotiation is essential to make sure the balance transfer delivers the result you want. Our mortgage experts negotiate with lenders on your behalf to push for your stated goals.