Mortgage Loans

Mortgage loans. Overview and introduction. Concept. Interest rates. Interest rate differential. Types of interest rates for mortgage. Requirements to apply for a mortgage loan. Fees, commissions and other expenses related to mortgage loans. Novation and subrogation clause. Deed in lieu of foreclosure. Mortgage collar clause. Code of Good Bank Practices. Conclusions and our opinion. Sources. Thank you for your attention.

To present the concept and main characteristics of mortgage loans Everything about interest rate related with the mortgage loans Requirements Various Fees Novation and subrogation clause Deed in lieu of foreclosure Mortgage collar clause Code of Good Bank Practices.

Variable rate Tracker mortgage Discount mortgage Standard variable rate mortgage Offset mortgage.

Fixed rate mortgage Tracker mortgage Discount mortgage Standard variable rate mortgage Offset mortgage.

Fees, commissions and other expenses related to mortgage loans.

Before signing the deed of mortgage Appraisal expenses Study cost Registration verification.

Once signed the deed of mortgage Bank charges for opening and study Notary fees Registration fees Management expenses Taxes.

To protect mortgage borrowers; Must meet all of the conditions; Three phases of implementation.

Mortgage loan is a long-term loan for buying real estate; Borrowers should be aware of the current economic situation and predictions for the future; We believe that mortgage loan is a useful financial instrument but should be used carefully and with caution.