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Mortgage Renegotiation Or Transfer?
Now is the time to do it. With interest rates continuing to rise, homeowners are facing an additional financial burden as their monthly mortgage payments consistently increase.
However, there is a viable option to address this situation – the opportunity to renegotiate or even transfer your existing loan. Most banks are now facilitating and even encouraging the renegotiation of mortgages or their transfer to them, covering all costs associated to this procedure. There are also a few companies, licensed by the Bank of Portugal to act as mortgage brokers, that can handle the entire process and paperwork on your behalf, ensuring that you get the best possible deal to cover your needs.
If your mortgage is weighing on you more than it should, we can discuss it with you and help point you in the right direction.