HOW TO APPLY FOR A MORTGAGE IN PORTUGAL?

WHAT IS CREDIT INTERMEDIATION?

When it comes to financing the purchase of a home, credit intermediation can be an advantageous and effective solution. But what exactly is credit intermediation and why can it be the best option for those looking for a home loan?

Credit intermediation is a service provided by professionals or specialized companies who act as intermediaries between the client and financial institutions. The main function of these intermediaries is to help clients obtain the best financing conditions available on the market.

ADVANTAGES OF CREDIT INTERMEDIATION

 ► Access to better interest rates:

Contrary to what many may think, using a credit intermediary does not mean an additional cost. In fact, credit intermediaries have access to special conditions and more competitive interest rates due to the volume of clients they manage. This means they can negotiate better conditions than an individual customer would be able to by dealing directly with the bank.
 

 ► Time and Effort Savings:

Searching for and comparing different financing offers can be a time-consuming and complicated process. A credit intermediary does this work for you, analyzing the various options on the market and presenting you with the most advantageous ones. This allows you to save time and avoid the stress of dealing directly with several financial institutions.
 

 ► Specialized advice:

Credit intermediaries are experienced professionals with knowledge of the financial market. They offer personalized advice, helping you to understand the different financing conditions and choose the option that best suits your needs and financial capacity.
 

 ► Support throughout the process:

From the initial simulation to the signing of the contract, credit intermediaries accompany you at every stage of the process. This includes preparing the necessary documentation, negotiating with the banks, and answering any questions or problems that may arise.
 

Why Won't It Be More Expensive?

     One of the main concerns customers have is that using a credit intermediary will make the loan more expensive. However, this is not true. In most cases, the cost of the intermediary's service is covered by financial institutions, which value collaboration with intermediaries for their ability to attract and manage a large number of clients. Customers thus benefit from better conditions at no extra cost.

In conclusion ... 

        Credit intermediation offers a number of advantages that can significantly facilitate the process of obtaining a home loan. From access to better interest rates to specialized support and ongoing monitoring, credit intermediaries are an asset for anyone looking to finance the purchase of a home. Opting for this service can be the key to finding the best financing solution in an efficient and advantageous way.

       For more information on how credit brokerage can help you with your next home loan, please contact us. We're here to simplify your path to the home of your dreams.