The Czech banking market offers various types of loans and mortgages. In addition to classic mortgages are also popular non-purpose mortgages, which are called Americans.
It can be used for anything, not just for housing, as is the case with a classic loan. In addition, the reason is not established and there is no need to submit documents and invoices to the bank. Among the banks that offer American mortgage is also Good Finance.
What is American Mortgage?
An American mortgage is a loan that is secured by a mortgage on real estate. The advantage is non-purpose, so you can use the money for anything and also the interest tends to be lower than conventional loans.
American Mortgage – Universal
American mortgage Universal from Good Finance is a non-purpose loan, which is characterized by a number of positive features. When applying, no one will ask you about the purpose for which you need the money.
Mortgage management and administration is free of charge, and you can get a more advantageous interest rate and better conditions than conventional consumer loans. The money is ready to be drawn very quickly already at the stage when the lien is lodged.
How much can you ask Good Finance?
The amount of the loan is influenced primarily by the value of the mortgaged property. The higher this value, the higher the financial scope of the mortgage. American mortgage from Good Finance is provided in the range of USD 300,000 to 5,000,000 with a maturity of up to 20 years.
Of course, the length of the selected maturity affects the resulting interest, but it will still be lower than for other loans. In case you decide to pay off your mortgage before it was agreed, you do not have to worry about any sanctions.
How to get an American Mortgage?
Mortgage processing is not difficult. Just visit the bank branch and arrange a meeting with the banker. He will suggest more solutions and you can then decide which one suits you best. Mortgage processing takes a maximum of 3 days. Up to 4 persons living in no more than two households can apply for a mortgage.
Conditions for processing a mortgage:
- Minimum age of the applicant – 18 years
- valid identity documents
- Receipt confirmation
- statement of actual expenditure
- statement of the husband or wife of the owner of the property
- Mortgage calculator
- Mortgage without a register
- Non-bank mortgage
- Mortgage refinancing
- Comparison of mortgages
- How to proceed with the mortgage
- Building savings