Which bank for a credit repurchase?On March 29, 2020 by admin
Request the bank best placed to buy back credit, taking advantage of particularly attractive rates.
Which bank for a repurchase of mortgage?
There are roughly a dozen banks on the mortgage market in the country that can offer credit repurchase transactions. It is important to remember that a repurchase of home loan consists in making redeem its loan in progress in order to profit from a more interesting rate. When this operation is carried out in the first years following the subscription of the mortgage, the borrower can hope to make great savings on the repayment of interest, especially if he manages to obtain a rate significantly lower than that initial to the mortgage. It is therefore necessary to apply to conventional banks to obtain a mortgage loan repayment and take advantage of a more attractive rate.
All the banks have a unit dedicated to the financing of mortgage, it should be known that the banking agencies are in fact relay points proposing the offers of financing of the banking group. The advisers will therefore establish a first solvency study, then they will constitute the file which will be sent to the subsidiary dedicated to financing. This skimming makes it possible to send only the files with potential which will be studied by experts in matters of repurchase of mortgage. In this sense, it is difficult to know which bank will be the best positioned because different elements will be taken into account such as for example the rate, the type of guarantee (deposit or mortgage) but also the fees applied. The comparator remains the best element for quickly obtaining financing offers.
Which bank for a consumer loan buyout?
If borrowers turn to conventional banks to obtain the best mortgage buyout offer, in terms of consumer loans and more particularly as part of a credit consolidation transaction, the steps are quite different. Indeed, few conventional banks offer credit consolidation operations simply because this operation requires special skills, even more complex than those dedicated to the repurchase of a mortgage. The grouping of credits will require listing all the credits in the process of being reimbursed and calculating precisely the amount of capital remaining due to operate the early repayment of the various debts at the right time.
It is therefore credit institutions specializing in the consolidation of consumer credit that will be able to offer financing offers to borrowers. These establishments are also subsidiaries of the major banking groups, but most will require going through a brokerage firm in order to study the financing file. Most brokers have at their disposal the scales and rates applied in the context of credit consolidation and can inform borrowers of the financing conditions to redeem their consumer loans. Again, the online credit buy comparator allows you to obtain several financing proposals and allows you to quickly compare the different banks that can grant the release of funds.