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.
If you are thinking about hiring or transferring your housing credit, you should know that the bank appraisal value per square meter is higher. But what does this mean for the mortgage loan?
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.