When buying a house through a bank loan, you may come across a language associated with mortgage credit that is somewhat complex. Such as the abbreviations related to interest rates, TMR and APR. So, what do they mean and represent?
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 fees associated with mortgage credit depend primarily on the type of interest rate you choose. Therefore, let's see what rate regimes exist, the impact of each one, and where you can analyze the cost of interest in the credit proposal.
Bank commissions continue to be increased by banks, following the rise in interest rates. So, find out how to compare values and how to minimize the impact of this cost on housing credit.
Currently, there are banks promoting home loan proposals with 0% spread, one of the rates of this financing. But it is always important to look at the fine print: What are the necessary conditions to access this type of proposal? Does it pay off compared to the other products that need to be hired?
Want to buy a property and don't know the steps to move forward with the process? We explain, in this article, three phases you should follow before buying a house, and how credit intermediaries can help.
When buying a house with a housing loan, 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 document 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?
Are you planning to buy a new house and have already gone to the bank to assess your financial capacity to move forward? If so, and you now have a pre-approved home loan, find out how to proceed in finding the right property in this article.
With the rise in interest rates, the difficulty in paying the monthly installments of the home loan is greater. Therefore, it is important to look for savings solutions in credit, such as transferring it. Find out how this process works, and if it has costs.
The interest rate you choose for your mortgage directly impacts the amount you will pay monthly. 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 credit?
The sudden loss of income or the increase in interest rates can lead to situations of default in the payment of credit installments. An option capable of providing immediate savings is credit consolidation. How does it work?
The mortgage application process goes through several stages, starting with the submission of documents to the bank. Next, the bank needs to evaluate if the credit holders are eligible 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 take out a home 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 the spread works so that you have a rate tailored to your budget.