The new measure is aimed at young people up to 35 years old and will ensure 15% of the purchase value of the house, up to 450,000 euros. Understand it better and find out when it takes effect.
The details of the new public guarantee measure for up to 15% of the housing loan value for young people up to 35 years old are still being clarified by the Government. Understand how it will work in case of default.
Despite the government's public guarantee supporting young people in obtaining a home loan, the monthly payments on the loans can still be high. Find out analysts' opinions on this issue next.
The measure that will allow young people to access 100% financing (public state guarantee) when buying a house has now been published in the Diário da República, so it must come into force in the next 60 days, that is, by September 10 at the latest. Understand more next.
Young people can now apply to access 100% financing when buying a home with a mortgage, through the new public guarantee measure.
The public guarantee for home purchase aimed at young people will not be able to cover a couple of two young people, if one is over 35 years old.
Young people's access to state-guaranteed housing credit has faced significant challenges, with the main obstacle being the high level of effort required to benefit from this support.
Public guarantee offered by the State in home loans is directly related to the amount financed by the bank.
This couple bought their new home without the need for a large initial investment, saving thousands of euros on the down payment.
Home loans for young people up to 35 years old with public guarantee have a maximum term for financing with the same rules as conventional home loans.
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 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.
Buying a vacation home to invest or rent through a second home loan is possible. But in which cases is it allowed and how does a secondary housing loan work?
Looking to hire a home loan? We have good news for you: The Bank of Portugal (BdP) has eased one of the requirements imposed on clients, making it easier to access this type of financing. Understand what changes in the stress test required by banks in this article.
One of the most common questions that arises after taking out a loan is whether you can take out another for a different project. For example, a house and a car are usually among the most important projects, and many need financing to acquire both. But how can you know if you have the financial capacity for both?