Surely the mortgage is the largest loan in a person’s life. And as such it is a complex, complicated decision and process that requires a lot of attention and a lot of comparison to achieve the best possible conditions, both in years and in installments.
The bonuses, the interest rate, whether it is more fixed, variable or mixed, the amortization clauses, commissions and other details have to be carefully studied by future mortgage holders to avoid encountering surprises and, above all, because there can be thousands of euros in Game. It is not an easy decision.
When taking out a mortgage, the most common thing is to go to Internet comparators to see which banks or credit institutions offer the best conditions, what bonuses they have and other details.
Then, the next step is to go to the banks or boxes and talk to these entities to get to know them first-hand, taking advantage of the personalized treatment.
Bernardo’s advice
That is precisely what economist Gonzalo Bernardos does not recommend that you do. The best thing you can do, according to the expert, is to hire the services of a mortgage broker.
This is a professional or a company that acts as intermediary between mortgage lenders and mortgage loan applicants. They are responsible for helping clients find the best mortgage loan options according to the clients’ individual financial needs and circumstances.
Mortgage brokers have a extensive knowledge about the various mortgage products available on the market, including interest rates, terms, requirements and conditions, allowing them to advise clients on which would be the best option for them.
2023-09-10 06:24:38
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