No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, October 25, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Israel’s Loanwise offers mortgages for Greece and Cyprus

by TheAdviserMagazine
3 months ago
in Business
Reading Time: 2 mins read
A A
Israel’s Loanwise offers mortgages for Greece and Cyprus
Share on FacebookShare on TwitterShare on LInkedIn



Two months after the war broke out in December 2023, non-bank financing (mainly loans for buying vehicles) company Mimun Yashir founder and CEO Eran Wolf stepped down after 18 years in the job. In his resignation letter to employees Wolf promised that he was embarking on a new journey. Since then, there has been speculation about the new enterprise he plans to found. Today, he has unveiled a new non-bank credit company called Loanwise, which will provide mortgages to Israelis, including for the first time a mortgage for the purchase ofa residential property in Greece and Cyprus.

Loanwise, which Wolf has founded, has already received an expanded credit license from the Israel Securities Authority and has even raised initial capital from several of Israel’s leading financial institutions. The company notes that the investment in it was led by Migdal Insurance, and alongside investors such as Hachsharah Insurance and IBI Underwriting, which have invested tens of millions of shekels.

Wolf’s company plans to provide mortgages in Israel, with the target public being customers who have difficulty obtaining mortgages from banks, even though, according to Loanwise, they have good credit standing. Mortgages will also be provided to investors in apartments in Israel and investors in apartments abroad.

Providing mortgages for the purchase of real estate abroad is a new development for Israeli investors. Loanwise plans to provide swift mortgage approval processes using an innovative mortgage credit model that will enable a fast digital underwriting process. Those who purchase properties abroad will be able to receive financing of up to 50% of the property price, with the option of mortgaging the purchased property in the target country (in the first phase: in Greece and Cyprus).

Growing investment channel

The company sees mortgages for buying homes abroad as a growing investment channel among an increasing number of Israelis. These Israelis are seeking to buy real estate abroad due to the high interest rate environment in Israel and soaring housing prices. However, until now, Israelis who have sought to purchase real estate abroad have had great difficulty obtaining a mortgage to finance part of the cost of the property.

Loanwise will offer mortgages starting at €50,000 (about NIS 200,000) to homebuyers in Greece and Cyprus, with loans of up to 50% of the property price. The financing will be provided against a lien on the property abroad or against a lien on a property in Israel.

The company says it has developed a unique mechanism for mortgaging assets abroad, which allows it to provide Israelis with more efficient loans to purchase real estate overseas. It intends to focus on low-risk borrowers with high credit ratings. Borrowers who meet these parameters will undergo an especially fast and efficient underwriting process.

Published by Globes, Israel business news – en.globes.co.il – on July 15, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: CyprusGreeceIsraelsLoanwiseMortgagesoffers
ShareTweetShare
Previous Post

Trump dismayed by MAGA’s obsession with ‘a guy who never dies, Jeffrey Epstein’

Next Post

HDFC Life sees growth outpacing industry despite early-year slowdown

Related Posts

edit post
Meet the billionaire couple who not only signed The Giving Pledge but actually delivered—donating nearly half their fortune while still alive

Meet the billionaire couple who not only signed The Giving Pledge but actually delivered—donating nearly half their fortune while still alive

by TheAdviserMagazine
October 25, 2025
0

The Giving Pledge was designed to hold the world’s richest people accountable for donating at least half their fortunes in...

edit post
A click lower, a tick higher

A click lower, a tick higher

by TheAdviserMagazine
October 25, 2025
0

Mortgage rates are wavering slightly today. According to Zillow, the average 30-year fixed mortgage rate has edged down four basis...

edit post
Markets pricey with modest EPS growth; autos, hospitality offer opportunities: Venkatesh Balasubramaniam of JM Financial

Markets pricey with modest EPS growth; autos, hospitality offer opportunities: Venkatesh Balasubramaniam of JM Financial

by TheAdviserMagazine
October 25, 2025
0

Venkatesh Balasubramaniam of JM Financial shared a comprehensive view of the Indian equity markets, highlighting the challenges and opportunities amid...

edit post
Like Milei, Trump also can’t stop Argentina’s peso from falling — ‘Will the U.S. get paid back?’

Like Milei, Trump also can’t stop Argentina’s peso from falling — ‘Will the U.S. get paid back?’

by TheAdviserMagazine
October 25, 2025
0

Argentina’s peso continues to sell off despite a U.S. rescue package, ahead of a key election that could trigger another...

edit post
US dollar makes modest weekly gain after soft inflation data

US dollar makes modest weekly gain after soft inflation data

by TheAdviserMagazine
October 25, 2025
0

The U.S. dollar was almost flat on Friday after dipping following fresh inflation data that showed U.S. consumer prices increased...

edit post
Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region

Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region

by TheAdviserMagazine
October 24, 2025
0

The U.S. military is sending an aircraft carrier to the waters off South America, the Pentagon announced Friday, in the...

Next Post
edit post
HDFC Life sees growth outpacing industry despite early-year slowdown

HDFC Life sees growth outpacing industry despite early-year slowdown

edit post
Following NinjaTrader Acquisition, Kraken Opens Access to CME-Listed Crypto Futures

Following NinjaTrader Acquisition, Kraken Opens Access to CME-Listed Crypto Futures

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
Social Security Will Get a Bigger Bump in 2026 — but Don’t Get Too Excited

Social Security Will Get a Bigger Bump in 2026 — but Don’t Get Too Excited

0
edit post
Meet the billionaire couple who not only signed The Giving Pledge but actually delivered—donating nearly half their fortune while still alive

Meet the billionaire couple who not only signed The Giving Pledge but actually delivered—donating nearly half their fortune while still alive

0
edit post
How to Make 3% More Rent Automatically (Takes 5 Minutes) (Rookie Reply)

How to Make 3% More Rent Automatically (Takes 5 Minutes) (Rookie Reply)

0
edit post
Links 10/25/2025 | naked capitalism

Links 10/25/2025 | naked capitalism

0
edit post
Rebranded Multi-Asset Broker Scales Institutional Crypto Access

Rebranded Multi-Asset Broker Scales Institutional Crypto Access

0
edit post
How to Use Your Illinois Car Accident Report in Insurance Claims

How to Use Your Illinois Car Accident Report in Insurance Claims

0
edit post
Links 10/25/2025 | naked capitalism

Links 10/25/2025 | naked capitalism

October 25, 2025
edit post
Meet the billionaire couple who not only signed The Giving Pledge but actually delivered—donating nearly half their fortune while still alive

Meet the billionaire couple who not only signed The Giving Pledge but actually delivered—donating nearly half their fortune while still alive

October 25, 2025
edit post
A click lower, a tick higher

A click lower, a tick higher

October 25, 2025
edit post
How to Use Your Illinois Car Accident Report in Insurance Claims

How to Use Your Illinois Car Accident Report in Insurance Claims

October 25, 2025
edit post
Markets pricey with modest EPS growth; autos, hospitality offer opportunities: Venkatesh Balasubramaniam of JM Financial

Markets pricey with modest EPS growth; autos, hospitality offer opportunities: Venkatesh Balasubramaniam of JM Financial

October 25, 2025
edit post
Like Milei, Trump also can’t stop Argentina’s peso from falling — ‘Will the U.S. get paid back?’

Like Milei, Trump also can’t stop Argentina’s peso from falling — ‘Will the U.S. get paid back?’

October 25, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Links 10/25/2025 | naked capitalism
  • Meet the billionaire couple who not only signed The Giving Pledge but actually delivered—donating nearly half their fortune while still alive
  • A click lower, a tick higher
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.