If you are a beneficiary of a mortgage loan from the Good Finance program, and you want to make a prepayment of it, surely a question assails you. Do I lose the Good Finance bond if I prepay the mortgage loan? To clarify this uncertainty, we have prepared the following article. Do I lose the Good Finance bond if I prepay my mortgage loan? To answer this question.
Which mortgage loan repayment system is used in Peru?
If you are canceling a mortgage loan, or plan to apply for one, you should know what the mortgage loan repayment system is. This information will allow you to better evaluate the options available when you cancel this credit in advance. What is a mortgage loan repayment system? A depreciation system is the way.
What is the mortgage bond and how does it work?
The mortgage bond is that security value insured by mortgage loans, especially affected by the corresponding issue. In the mortgage certificates, the main guarantee for the subscriber is found in the solvency and seriousness of the issuing entity. But in mortgage bonds that guarantee is rooted in the strength of the portfolio.
Mortgage identity and mortgage loans
Mortgage identity is that financial title that is issued by a financial entity where a debt or other type of obligation is recognized by paying a fixed interest or a fixed return for it. This has as an investment guarantee the group or part of the mortgage loans of that entity.
A real property is that good that cannot be transported from one place to another because of its characteristics. That is why, its transfer would mean either its destruction or some deterioration of it, since it is part of the land. A real estate is outlined by its fixed position.
What is the mortgage title and what is it for?
The mortgage title is that financing instrument used by the various credit institutions that participate in the mortgage market. This is done through the authorization of loans and credits. The process by which a mortgage asset is transformed into a mortgage title is called securitization. But not just any company.
The TCEA in mortgage loans, Annual Effective Cost Rate, is that rate that costs a product or service. What means that, is that rate that allows to know what will be the total defined cost that the user will have to pay when requesting a loan or when using any of his cards.
What happens to the Mortgage Credits of a Deceased Person?
Thinking about the Mortgage Credits of a Deceased Person despite the difficult trance that is experienced when a family member dies, is indispensable. Since to meet the various procedures required by law, as well as unfinished projects or debts that were not settled, it is necessary to know the current situation well.
What is mortgage amortization and what is it for?
Mortgage repayment consists of choosing a term to cover all the debt, which allows you to organize yourself financially and fulfill your obligations. However, if you have the opportunity, you are fully entitled. For mortgage loan purposes, an amortization is that usual payment of each of the credit installments.