When buying a house with a housing credit, you may come across some terms that may seem confusing at first. If you have already started the process and the bank has given you a form called FINE, know its purpose and how to analyze it.
The effort rate is one of the concepts in mortgage credit. In short, the effort rate assesses whether you have the ability to meet the installments of a loan. But what does this concept mean and how is it calculated?
When buying a house through a bank loan, you may be faced with complex mortgage credit language. Such as the acronyms related to interest rates, APR and APR. So, what do they mean and what do they represent?
The interest rate you choose for your home loan has a direct impact on the amount you will pay for the monthly installment. You can choose between a fixed, variable, or mixed rate. But what does each concept mean, how does it work, and how does it impact the loan?
Are you going to apply for a mortgage to buy your home? Know that, throughout the process, you may come across expressions that can be confusing. We have prepared a glossary about mortgage credit to help you know everything.
The mortgage credit process goes through several stages, starting with sending documents to the bank. Next, the bank needs to evaluate if the credit holders have the conditions to proceed, and only then is the credit pre-approved. But what comes next?
Paying off your home loan early can be a solution to reduce the monthly installment you pay for this burden. Find out how it works, as well as the advantages and disadvantages.
Are you going to hire a housing loan and came across the concept of spread? This is one of the rates associated with this loan and can vary depending on some aspects. Learn how spread works so that you have a rate tailored to your portfolio.
New measures regarding credits were announced, which can now benefit consumers. In order to facilitate access to housing credit and others, this decree dictates the end of some commissions: find out more at [URL].
Are you a foreigner thinking of getting a mortgage in Portugal? The process can be simple, as long as you are informed beforehand. Find out what may differ in terms for locals, and what documents banks may ask for.
To be able to contract a housing loan, it is necessary to meet certain conditions in order to have the proposal approved. In this article, we list the 4 requirements that must be met in order to buy your house through a housing loan.
Currently, there are maximum deadlines for home loans depending on the borrowers' age and a maximum age limit to be able to contract this credit. In this article, we explain how financing deadlines and maximum age work.
In order to analyze the risk level for a mortgage loan, the bank requires certain documents from the proposed holders. Let's see what documentation is necessary to submit to the bank for the mortgage loan, and how to choose the appropriate bank.
Getting a mortgage can be a headache when it comes to opening your wallet. Therefore, it is essential to be informed in advance about the amounts you will need to have available. Know the costs of getting a mortgage.
The spread is one of the interest rates for mortgage loans and measures the level of risk a client poses to banking institutions. Its value depends on the guarantees provided by clients. Let's see how the spread is calculated, how to lower its value, and the impact of lowering it or not.