Getting a home loan 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. Learn about the costs of getting a home loan.
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.
Are you looking to buy a house, but unsure about the right moment to proceed? Let's see, month by month, the best times to acquire a property.
To proceed with a loan request for your new home, you must go through preliminary phases: it is necessary to know beforehand if you have the ability to pay a loan installment every month. Find out in this article how this pre-process works.
Need to hire a home loan and have a disability equal to or greater than 60%? Know that you are entitled to special conditions, with a discounted interest rate. Learn about home loans for people with disabilities in this article.
The process of buying a house with a housing loan is costly, but know that you don't need to spend all your savings. The more informed you are, the less risks you run of losing money in this process. That's why many Portuguese people turn to a credit intermediary to guide them through the contracting process. Find out how credit intermediation can help you in this article.
Can I apply for a housing loan with multiple co-owners? What if it's with a friend? These are relevant questions that arise when buying a house. Therefore, let's see how it works legally.
The property valuation is a determining factor regarding the own funds you will need to have available initially when contracting your housing credit. Did you know this? Let's understand why.
Not complying with the repayment obligations of a loan such as a housing credit implies having consequences, such as interest and fees. One of them being late interest, which adds to the outstanding amount. Let's see how much this amount can be.
Has Euribor been your worst nightmare? If you have a housing loan with a variable rate, this rate has been the reason your monthly installment has increased. We will explain why, below.
The terms PARI and PERSI refer to processes that banks initiate in order to prevent customer default on their loans, or to act after default. Understand better what they mean and how they work.
The Banco de Portugal (BdP) credit responsibilities map is a document required when requesting financing from a banking institution, in order to assess whether you are in default on any credit. But what other information does this map include and how to interpret it?
If you are in the process of applying for a loan, you should inform yourself in advance about the terms used so that you make the best financial decision. Comparing proposals before choosing the right credit conditions is essential. But what is the most realistic way to do it? That's what we will explain in this article.
As interest rates have been rising, so have the costs of building properties, making access to housing more difficult for the Portuguese. Costs for building a house rose again in August, but there are options that make this process easier. Learn about housing construction loans in this article.
Looking to apply for a housing loan? We have good news for you: The Bank of Portugal (BdP) eased one of the requirements imposed on customers, making access to this type of financing easier. Understand what changes in the stress test required by banks, in this article.