Home Loan Settlement
Welcome to Freed Financial Services LLC
End-to-end solutions for your Home Loan Debt Management
FREED Financial Services LLC provide end-to-end solutions to help borrowers repay their Home Loan Debt in UAE. Our expertise includes debt restructuring, settlement plans in case the market value of the property does not cover your loan outstanding. We help you find a suitable buyer and negotiate with banks and secure the best deal.
Our knowledgeable team helps you understand your options in case of default. Our key affiliations and experience can help you avail a more attractive settlement plan and avoid legal complications.
With over 17 years of experience in Remedial Risk, Loss Containment, Credit Policy, Business Development and Customer Relationship Management across Banking, Real Estate and Hospitality industry, Jaya has the breadth and depth of experience required to understand mortgage debts and craft the most suitable solution for the clients.
Ashish Nanda is the Founder and Managing Director of Innovations Group established in 1994. A Dubai-based business conglomerate involved in diversified industries and outsourcing services with over 7,500 employees and serving leading corporates and banks in the Middle East. Clients include Emaar, Majid Al Futtaim, Amazon, Huawei, Citibank, First Gulf Bank, ADIB, Mashreq, Etisalat and Du.
If you are facing salary reduction or a Debt Burden Ratio (DBR) higher than 50%, we will analyse your financial situation and provide a restructuring plan.
If you have suffered a job loss or have left the country due to fear of criminal action, we will assess the value of your property, find a buyer and negotiate a settlement with the bank.
If the property you have invested is indefinitely delayed we negotiate with the developer for a refund/swap and propose a settlement to the bank for foreclosure of the loan.
We will evaluate your financial situation and after an in-depth analysis, we will customise repayment options such debt restructuring.
We will negotiate with the bank on your behalf that will enable you to organise your finances better, and get more affordable repayment option.
We will assist in structuring a solution to close the Home Loan liability without resorting to any legal procedure.
We will analyse the market value of the property, find a suitable buyer, and negotiate the best possible settlement with the bank on the shortfall.
We will discuss with the developer and get an update on the project status. We will work out options like a refund or swap with the developer.
Thereafter, we negotiate with the bank and create an ideal settlement plan to foreclose the loan.
We are the only consultants in UAE to provide Mortgage Debt Management
Our Management team carries over 40 years of UAE experience in the Banking and Real Estate segment
We are affiliated with Banks and Developers to ensure you are represented in the best way
We charge our fees on successful execution of the case
We represent you from start to finish with Banks and Developers until the closure of your Mortgage loan
We negotiate better terms with the bank to repay your Mortgage and avoid legal complications