Mortgage risk analysis: What points do banks observe?

Mortgage risk analysis It is essential to know what are the main points that can affect the mortgage risk analysis. In this way, you will points do banks have the possibility of improving them and negotiating a mortgage loan with good conditions that best suit your needs. Your credit rating is very important when defining … Read moreMortgage risk analysis: What points do banks observe?

The mortgage opening commission: How to claim it?

What is the origination fee on a mortgage loan? First of all, we must make clear what we mean when we talk about the mortgage origination commission. This is a charge that banks usually charge when granting a mortgage. This commission serves to cover the administrative and management expenses link to the opening of the … Read moreThe mortgage opening commission: How to claim it?

Mortgage for a new or used home: What is more recommended?

When applying for a mortgage, you must be clear that it is a somewhat tedious process. Any buyer who does not have the money necessary to close the transaction at the time must go through it. However, the reality is that there are some differences when it comes to paying for a new home or … Read moreMortgage for a new or used home: What is more recommended?

Mortgage floor clause and ceiling clause: What is it about?

What are the clauses of a mortgage? First of all, it is necessary to make clear what we mean when we talk about floor clause and clauses in a mortgage. These are the legal provisions that appear in the mortgage loan contract. The clauses are responsible for establishing obligations or rights . For a clause … Read moreMortgage floor clause and ceiling clause: What is it about?

The best fixed mortgages of May

What have we taken into account to select the best fixed mortgages for May? To make this selection, the total price of each mortgage has been considered. The nominal interest rate (TIN), the number of products you must contract. To access the minimum subsidized interest and the commissions. The equivalent annual rate (APR) allows us … Read moreThe best fixed mortgages of May

The best variable mortgages of May

What have we taken into account to select the best variable mortgages for May? When selecting these products, the total price of each mortgage. Has been taken into account: the nominal interest rate (TIN), the products that must be contracted to access the minimum subsidized interest and the commissions. The annual equivalent rate (APR) allows … Read moreThe best variable mortgages of May

New variable mortgage with a cap on the Euribor: What is it about?

New variable mortgage with ceiling clause Due to the rising price of the Euribor , whose value has risen significantly over the last year, true chaos has taken place in the mortgage market . Mortgage payments on variable rate loans have increas and banks chose to also increase the interest on their and rate mortgages. … Read moreNew variable mortgage with a cap on the Euribor: What is it about?

The National Institute of Statistics confirms that the mortgage market has stagnated

What is the National Institute of Statistics? First of all, we must clarify what the National Institute confirms that the of Statistics (INE) is. This is an organization that is responsible for producing the country’s official statistics. The statistics it provides are very useful, fundamentally, they serve as support for the State to implement public … Read moreThe National Institute of Statistics confirms that the mortgage market has stagnated

Errors when applying for a mortgage that could cause the bank to reject it

Without a doubt, the rise in interest rates by the European Central Bank has directly affected mortgages. This has made mortgages more expensive and the requirements to access them have become more demanding . If you have made the decision to buy a home, first of all you must have. A healthy economy and be … Read moreErrors when applying for a mortgage that could cause the bank to reject it

Home exchange: Is it possible if the house is mortgaged?

What is a home exchange? First of all, we must clarify possible if the what the home exchange entails . When buying a possible if the home, it is common for people to choose to sell their current property first. Since in this way they are able to obtain the necessary liquidity to be able … Read moreHome exchange: Is it possible if the house is mortgaged?

Is it possible to be the owner of the deed but not the mortgage loan?

You probably haven’t ask yourself if someone can own the and not the mortgage, however, this can happen. This is a not very common situation, it is possible to do it only on certain occasions. The reality is that it involves some risks that to be clear. Here we will tell you what it is … Read moreIs it possible to be the owner of the deed but not the mortgage loan?

Asufin’s complaint: mortgages with guarantee will not access the aid of the Code of Good Practices

What is Asufin? First of all, we must clarify what Asufin is , it is the “Association of Financial Users”. This association with guarantee will of financial users was found in July . Its main objective is to inform, train and defend all financial users . It is an association made up of banking consumers … Read moreAsufin’s complaint: mortgages with guarantee will not access the aid of the Code of Good Practices