Housing credit transfer: What you need to know to change banks.
If you want to transfer your mortgage from one bank to another, here is everything you need to know to make an informed decision.
Transferring the housing loan can be an advantageous alternative to reduce the monthly installment and improve the financing conditions. The process involves moving the credit to another financial institution with more favorable conditions, such as lower interest rates. Although the transfer may have costs, such as commissions and fees, many banks offer promotions to make the transfer free. However, the financing limits may vary according to the policies of the bank to which you transfer and the rules applicable to the initial credit. Understand everything about transferring housing credit with these articles.
Related articles:
- Is the transfer of home credit free? https://www.poupancanominuto.com/artigos/credito-habitacao/a-transferencia-de-credito-habitacao-e-gratuita
- How does the transfer of home loan credit work? (Translated from Portuguese)
- This couple reduced their monthly home loan installment by 318 euros. Find out how at https://www.poupancanominuto.com/artigos/credito-habitacao/este-casal-baixou-a-prestacao-mensal-da-casa-em-318-euros-saiba-como.
- If I transfer my credit, do the financing limits remain the same?