Mortgages, mortgages and mortgages Itaú, this seems like a verse but it is not, but if you are literally in the red and do not know how to get out of it, maybe mortgage financing Itaú is an advisable solution. Are the bills huge and finding a way out seems impossible? Calm down there are alternatives that can help you keep your bills up and breathe easier. The mortgage for real estate can help you get the money you need with low interest and proper rate. Itaú bank works with this modality.
Also known as collateral or real estate credit, refinancing, you then place your property as collateral for payment and get the personal loan with lower interest.
Regulated in the country in 2006, banks and financial institutions end up offering lower interest rates than others offered in the market and long terms to repay the debt, which makes this financial product attractive.
Mortgage conditions and rules
The Itaú mortgage has rules and conditions , so the client needs to be aware before mortgaging his home to get money. In 2017, Itaú surpassed Banco do Brasil thus becoming the largest bank in Brazil! And there are several services provided by him, from loans, credit card, personal loans, and of course the mortgage. The Bank counts on several agencies spread throughout the country, so to negotiate with them is not that complicated.
When choosing to realize the mortgage in Itaú , it is worth mentioning that the bank will only release this service for Personalité clients. The property must be removed and without any financial problems. After looking at the documents presented, he will do a credit analysis, as well as the conditions of the property, only thus is released the loan to the client. Stay tuned for the rules:
1- The loan is up to 60% of the value of your property, and the release is from R $ 30 thousand up to R $ 2 million;
2-Interest from 1.15% per month;
3-Installment in up to 20 years (240 installments);
You do not have to personally go to Itaú to find out how it works. At home it is already possible to make a simulation of the value of installments and payments.
When is it good to mortgage property?
This form of credit still scares many people. Even if outside the country is a common practice, people in Brazil have gradually made use of this financial product. It is indicated to be used with caution, from paying a debt that has accumulated, even to opening a business, or even doing projects like building a new property. So you do not have to dispose of your assets to get the financial resources. When used with planning there is no reason to be scared. So it is advantageous yes.
Of course. If you do not pay the installments on time, delay, really the bank can take the property from you, and just think that is embarrassing, is not it? Making the mortgage Itaú is indicated when you really need it, and especially high values, otherwise you better get a personal loan if the value is not so high. Even because, in doubt it is better to pay a little more interest than to run the risk of losing the property.
There is no reason to fear using this financial product. But of course, it should be used with caution and planning and opt for it when you really need it and there is no other solution other than to place your property as collateral . When you make the Itaú mortgage, you will be opting for lower interest rates in the financing market, that is, compared to other types of loans, the interest rates are much lower, so it is worth doing without counting the payment time.
But it is important to organize your financial expenses, put everything on paper, and see if you will manage to pay that account that is long! Also because if you do not pay Itaú you can take the property from you. This is not their goal, but they are judgmental when payment does not occur.
Of course they will try negotiating but it is not worth it. Imagine just thinking about running out of your home? What a situation it is not! Caution, organization, planning, and aimed at people with very large debts, then yes it is worth doing this negotiation.