EMI – Ezer Mortgage Insurance Company Ltd. is the only insurer in Israel that specializes mortgage guaranty insurance, which protects mortgage banks from monetary losses due to borrowers’ insolvency. EMI supports the Israeli mortgage market by reducing the down payment required for purchasing an apartment from 30% to only 5%. The company has insured all of Israel’s mortgage banks since 2003, as well as the Clal insurance company.

In transferring the risk of low-down payment loans to EMI, mortgage banks are able to grant borrowers mortgages at up to 95% LTV (loan-to-value) ratio, without guarantors. High-LTV financing has become a legitimate and popular source of financing in Israel, with EMI today insuring annually some 14% of all new loans provided by banks in the Israeli mortgage market.

Residential mortgage insurance is available from EMI for two types of home loan:

• Residential mortgage loans: Loss coverage for financing up to 95% LTV for the purchase of a home, without guarantors.
• Home equity loans:  Loss coverage for loans up to 75% LTV on an existing property, without guarantors.

Insurance coverage is also available for high-LTV mortgages made to foreign residents purchasing a home in Israel.

EMI maintains strict quality standards in all of its operations and works with mortgage lenders to develop advanced, innovative, and practical solutions for the Israeli mortgage market.

Learn more about EMI.

Tomer Sharet, East Area Manager
Beit Amot
11 Kiriyat HaMada St.
Har Hotsvim, Jerusalem
P.O. Box 45091 Israel 91450
Phone: 972.2.541.4444
Fax: 972.2.571.2411
E-mail: