Signing a mortgage is, in a high percentage of cases, incurring a debt for almost a lifetime. Therefore, it is important to assess the options offered by different banking entities, what type of loans are suitable on a case-by-case basis, the repayment conditions, etc.
To this we must add the wide catalog of mortgages that currently exist. From 100% financing of a mortgage if you are a public servant to the ICO guarantees, recently presented by the Government to activate the purchase of citizens who have more difficulties accessing the purchase of real estate.
This means that, when applying for a mortgage, most people face a large number of terms, conditions, and assumptions that they are unaware of. "The feeling of being lost and swimming in a sea of doubts is very common in these scenarios," explain from Hipotecas 100, specialized in advising clients looking to acquire a home.
More and more people are relying on the help of a mortgage advisor when negotiating the financing of the purchase with the different banking entities.
"Our job is to mediate with banks, filter information, and make it easier for the client to understand what they are facing in order to choose the option that suits them best," detail these experts who have a wide portfolio of negotiators and know every subtle change that occurs in the real estate market.
What does a mortgage advisor do?
The first thing a mortgage advisor does is pour all the information they have about this complex world onto their client. And they do it step by step, focusing on what is of interest for each case and without overwhelming them with figures, percentages, conditions, Euribor, and other complex terms.
In other words, the mortgage advisor paves the way between the idea of buying a house and signing a beneficial mortgage for the user. And not only by providing the information the buyer needs, but also by studying their case, assessing the possibilities of purchase, and even negotiating on their behalf with financial institutions until they get the perfect mortgage.
"The guarantee is to get the best interest rates and conditions that the client could achieve depending on their economic and vital profile," add from the company, which is registered in the State Registry of Financial Intermediation Companies and ensures the greatest protection to the user.
In addition, a mortgage advisor saves time, in a scenario in which being the first to present the approved mortgage can be key to acquiring the home. "We know the market and we know which door to knock on to obtain an advantageous deal depending on the buyer's profile," they assure, thanks to their extensive experience in this specific job within the vast world of bank financing.
All of this makes the figure of the mortgage advisor increasingly relevant in the closing of agreements for the injection of liquid, from banks to people who choose to buy a new home. Exploring this possibility is betting on one of the key tools to achieve a mortgage that does not drown family finances while paying the mortgage.
