A mortgage loan or mortgage is a loan, where real estate serves as collateral. When you take out a mortgage, you pledge your house with land as collateral. A mortgage is executed via a notary. After you have paid your debt in full, we will send an instruction to the notary to cancel the mortgage registration.
WHEN CAN YOU TAKE OUT A MORTGAGE LOAN?
At Assuria you can take out a mortgage for:
- The purchase of a house with land
- Purchase of a land with another house/land as collateral
- Purchase of a vehicle
- Renovation or expansion of a house
- Construction of a house
Assuria unfortunately does not provide corporate loans.
WHY CHOOSE THE ASSURIA MORTGAGE LOAN?
- Provides flexibility in set-up and adaptable to your situation
- Annuity system, where you start repaying right away (Annuity = interest + repayment)
- Choices of different coverages on your life e.g. term life insurance or endowment insurance. You are free to choose the currency in which you want to take out your insurance.
- Your mortgage loan, homeowners insurance and life insurance are all under one roof
- Attractive interest rates
- Clear conditions
HOW MUCH CAN YOU BORROW?
You can borrow up to a maximum of 60% of the appraisal value. This appraisal value is approximately 85% of the sale value. This information is included in a appraisal report that is prepared by a appraiser.
WHAT IS THE DURATION OF YOUR REPAYMENT PERIOD?
The maximum duration of the repayment period of the Assuria Mortgage is 25 years or until you have reached the age of 60 years.
MORE INFORMATION
Please contact one of our experts.