HSBC Bank is one of the largest banks in Brazil, headquartered in London, and its home financing offers one of the best rates on the market, and without a doubt, the best conditions for those who want to buy their own home.
And as such, that is, a bank that cares about you, it offers a series of facilities to make its customers' dreams come true. A bank that offers real estate financing, personal credit, payroll loans, among other financial services.
A very interesting option for HSBC home financing is that the customer can do a credit simulation to know in advance what the financing interest rate will be, how many installments can be made and the estimated time to pay off the credit. Check out the HSBC simulators below and start planning to make your dreams come true right now.
What is home financing?
Research shows that purchasing a property outright is a distant reality for most people, but this does not prevent them from realizing the dream of owning their own home, as there are home financing options available at several banks in the country.
In general, it is understood that real estate financing is a type of contract with a financial institution that makes it possible to purchase a property even if you do not have sufficient resources to pay for it. Through real estate financing, you can acquire your own home with up to 35 installments to be paid.
Thanks to the ease of home financing, thousands of Brazilians have been able to fulfill their dream of buying their own home. Therefore, the real estate financing packages offered by private and public banks make it easier to acquire a property. with lower interest rates and affordable payment method, which makes it a good alternative for those looking for their own home.
How to finance a property through HSBC
Check out the prerequisites for financing:
Dear Digital Seguro reader, you need to understand that if you do not meet the required requirements, your home financing application will be rejected by the financial institution.
To submit a proposal, it is essential to prove that you are of legal age, that is, you must be over 18 years old, have sufficient income to demonstrate your ability to pay the installments and, last but not least, not have your name included in credit protection agencies.
Simulate your home financing online:
Nowadays, we have the internet to make our lives easier, so you have practical options to make your life easier. Just look: to find the best property financing, it is recommended that individuals run simulations at different banking institutions to find out which ones offer the best financing conditions.
Another important thing to understand is that each bank has its own particularities when offering property financing, which means that interest rates and payment conditions change depending on the financial institution.
How to apply for financing Register:
For a “first-timer”, as the popular saying goes, we can say that it may be complicated, but it’s not personal! Just look: the application for property financing requires the initial filling in of personal data so that the financial institution can perform a credit analysis.
What documents should I bring? Well, the general documents are simple. You need to bring documents to the financial institution, such as your ID and CPF, originals and copies, proof of marital status and proof of income.
One last detail: if the individual is in a stable union or married, it is also necessary to bring the partner's documents.
General conditions of HSBC properties
HSBC Bank has some conditions, take a look:
Credit line: Housing Finance System (SFH)
Financing of up to 80% of the property value
Up to 30 years to pay
The property can be new or used
Use of FGTS allowed
It is possible to commit a maximum of 30% of income
Constant Amortization System SAC or Price Table
Check the general conditions of houses above R$ 700
Credit line: Market rate – SFI
Financing of up to 80% of the property value
Up to 30 years to pay
The property can be new or used
Without using FGTS
Constant Amortization System SAC or Price Table
Documentation delivered, what to do now?
Once you have completed this bureaucratic part of your documentation, your information has been subjected to credit analysis. During the credit analysis, the bank confirms your information, verifies whether your name is registered on the credit restriction list, and checks whether your income is sufficient to pay off the financing debt.
You need to know that it is in the bank's best interest for you to fulfill your obligations in the future, which is why each aspect is taken into consideration before pre-approval of the financing. Generally, the amount of financing granted cannot compromise more than 30% of your income in your installments.
Property assessment by the technical team
Folks, there are certain steps in the home financing process that cannot be avoided. For example, the property financing process is bureaucratic and cannot be completed on your first visit to the bank. You must indicate which property you wish to finance and its value, which will be assessed by the bank itself to confirm the value you have shown.
Normally the deadline for the report is approximately 15 days to be completed.
It is at this point that the bank also analyzes other documents relevant to the seller to ensure that the property does not have any pending legal or judicial issues.
What are the payment methods for home financing?
There are several ways to do this. Since real estate financing is a long-term line of credit, the installments can last up to 35 years. If you want to pay off your real estate financing early, you should contact the bank to find out the total amount of the debt, with the proportional interest charged, updated for the new settlement date.
This way, the financing amount can be paid with national currency or FGTS balance.
Still have questions about HSBC home financing?
So get in touch, we have gathered the main telephone numbers for you to answer your questions.
SAC – HSBC Customer Service
HSBC Customer Service
Telephone: 0800-729-5977
Telephone for the Disabled: 0800-701-5934
Personal Service: Monday to Monday, from 06:00 to 17:40
SAC Losango
Telephone: 0800-729-5980
Telephone for the hearing and speech impaired: 0800-722-4004
Opening hours: 24 hours a day
Losango Ombudsman
Telephone: 0800-727-9933
Telephone for the hearing and speech impaired: 0800-722-0099
Opening hours: Monday to Friday, from 8:00 am to 6:00 pm, except national holidays.
HSBC Ombudsman
Telephone: 0800-701-3904
Telephone for hearing and speech impaired: 0800-701-5934
Opening hours: Monday to Friday, from 10:00 am to 4:00 pm, except national holidays.
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Source: HSBC