1\ufe0f\u20e3 Organize your financial life<\/p>\n\n\n\n
Before applying for a mortgage, check:<\/p>\n\n\n\n
Credit score<\/p>\n\n\n\n
Verifiable income (pay stub, bank statements or MEI declaration)<\/p>\n\n\n\n
Possibility of using FGTS (Brazilian employee severance fund) as a down payment.<\/p>\n\n\n\n
This increases your chances of quick approval and better interest rates.<\/p>\n\n\n\n
2\ufe0f\u20e3 Run an online simulation<\/p>\n\n\n\n
Visit the websites of banks and fintech companies to run a mortgage simulation.
Compare:<\/p>\n\n\n\n
CET (Total Effective Cost)<\/p>\n\n\n\n
Monthly interest rate<\/p>\n\n\n\n
Term (up to 35 years)<\/p>\n\n\n\n
Installment amount<\/p>\n\n\n\n
Institutions such as Caixa Econ\u00f4mica Federal, Banco do Brasil, Ita\u00fa Unibanco, and Banco Inter offer online 100% simulations.<\/p>\n\n\n\n
3\ufe0f\u20e3 Separate the documentation<\/p>\n\n\n\n
Have the following on hand:<\/p>\n\n\n\n
Document with photo<\/p>\n\n\n\n
Proof of income<\/p>\n\n\n\n
Proof of residence<\/p>\n\n\n\n
Income tax return (if applicable)<\/p>\n\n\n\n
For self-employed individuals, bank statements from the last few months are helpful in the mortgage loan analysis.<\/p>\n\n\n\n
4\ufe0f\u20e3 Submit the proposal and await review.<\/p>\n\n\n\n
After submitting your data:<\/p>\n\n\n\n
The bank performs credit analysis.<\/p>\n\n\n\n
Assess ability to pay.<\/p>\n\n\n\n
Confirm maximum amount financed<\/p>\n\n\n\n
Some fintech companies offer pre-approved credit in as little as 24 hours.<\/p>\n\n\n\n
5\ufe0f\u20e3 Choose the ideal property<\/p>\n\n\n\n
With approved credit, you can finance:<\/p>\n\n\n\n
New or used apartment<\/p>\n\n\n\n
Home ownership<\/p>\n\n\n\n
Property under construction<\/p>\n\n\n\n
Property for investment<\/p>\n\n\n\n
It is possible to finance up to 80% or 90% of the property value, depending on the profile.<\/p>\n\n\n\n
6\ufe0f\u20e3 Digital signature and release<\/p>\n\n\n\n
The contract can be signed digitally.
After registration at the notary's office, the funds are released to the seller and you begin making installment payments.<\/p>\n\n\n\n
\u2705 Strategic Tip<\/p>\n\n\n\n
If you already have an active mortgage, consider transferring your existing mortgage to reduce interest rates and monthly payments.
Also consider refinancing with real estate collateral to obtain capital at lower rates.<\/p>","protected":false},"excerpt":{"rendered":"
1\ufe0f\u20e3 Organize your finances. Before applying for a mortgage, check: Credit score, verifiable income (pay stubs, bank statements, or...).<\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-20540","post","type-post","status-publish","format-standard","hentry","category-financiamento"],"_links":{"self":[{"href":"https:\/\/bonfimnoticias.com.br\/en\/wp-json\/wp\/v2\/posts\/20540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bonfimnoticias.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bonfimnoticias.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bonfimnoticias.com.br\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bonfimnoticias.com.br\/en\/wp-json\/wp\/v2\/comments?post=20540"}],"version-history":[{"count":1,"href":"https:\/\/bonfimnoticias.com.br\/en\/wp-json\/wp\/v2\/posts\/20540\/revisions"}],"predecessor-version":[{"id":20541,"href":"https:\/\/bonfimnoticias.com.br\/en\/wp-json\/wp\/v2\/posts\/20540\/revisions\/20541"}],"wp:attachment":[{"href":"https:\/\/bonfimnoticias.com.br\/en\/wp-json\/wp\/v2\/media?parent=20540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bonfimnoticias.com.br\/en\/wp-json\/wp\/v2\/categories?post=20540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bonfimnoticias.com.br\/en\/wp-json\/wp\/v2\/tags?post=20540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}