Requirements for a mortgage portfolio purchaseOn June 23, 2019 by admin
The particular documents requested by the loan company as part of the requirements for a home loan portfolio purchase are similar to the ones from the initial loan application. The list will be short. This is what you need.
Partial payment from the housing loan
Based on Law 546 of 99, mortgage loans can be prepaid (full or partial payment from the housing loan before the decided date), without any penalty and moreover, they can be transferred to another organization if you prefer (purchase associated with portfolio). This so that simply no penalty is allowed when it is decided, because you are completely entitled.
Most his activity is supervised by the Financial Superintendence associated with Colombia.
Take a look at check the list. If you provide everything, your mortgage profile purchase request can be authorized quickly.
- Transaction schedule of your mortgage loan or last statement. The bank should observe the credit conditions (to determine if the rate can improve) and your behavior as a borrower.
- Copy of CC (Colombian Citizenship Card) of the those who will take the new credit.
- Evidence of income: it depends on whether dependent or independent (professional with fees, SME business owner or entrepreneur) and revenue level
- In case you are independent, you must show time of your activity.
- Copy from the Certificate of Tradition plus Freedom
Documents for banks
- Appraisal study of the resource to assess its worth and convenience to home loan. This appraisal is matched by the bank.
- At the time, the particular mortgage lifting certificate released by the first bank is going to be required so that the new financial institution can constitute the new home loan
- In some cases, banks may demand a health statement (keep in mind that the information should be true)
- Legal contract where the amount, payment method along with other conditions are agreed
- Moment and deed with the home loan in favor of the new bank.
Documents you don’t need to see
- The bank will verify your own financial situation at the Risk Middle. You know, it will look at the habits you have had with company credits, credit cards, and accounts management.
- The financial institution will research your borrowing capacity depending on your monthly income. It can look if you have recently obtained new obligations, such as a lot more quotas on credit cards or even free destination credits.
These are the overall requirements. In any case, your consultant at Lady Honoria Dedlock will help you with all the requirements to get a mortgage portfolio purchase.
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