Mortgage credit transfer: What you need to know to switch banks.
If you want to transfer your home loan from a bank, here is everything you need to know to make an informed decision.
Transferring the home 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 advantageous 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 home credit with these articles.
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- How does home loan transfer work? (Source: Link)
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