Our Italian mortgage submission service helps you to apply for a better value Italian mortgage from the list of Italian mortgage products.
Via our Italian mortgage submission service we can arrange for your Italian mortgage application to be submitted direct or by proxy to both Italian national banks or to a local Italian bank branche close to the property that you intend purchasing.
Why Use Italian Mortgage Submission
Using our Italian mortgage submission service is often the simplest way to apply for an Italian mortgage from a local Italian bank.
Our Italian Mortgage Research report usually shows that the Italian mortgages offered by Italian banks via their local branch network are more attractive than the very limited selection of Italian Mortgage Products that the same banks offer through their international client desks.
The Italian mortgage products available via the Italian banks local branch networks usually have:
- Higher LTVs (Loan to Value) – up to 80%
- Longer Repayment Terms – up to 30 years
- Better Mortgage Rates – lower spreads over EURIBOR
- Fewer Age Restrictions – can be arranged using the age of the youngest borrower
- Fewer Property Profile Restrictions – can be arranged for lower priced properties
- Fewer Property Condition Restrictions – can be arranged for renovation projects
Our Italian Mortgage Submission Service
Our Italian mortgage submission service helps you to make your Italian mortgage application just as if you were an Italian national applying to your local bank for your Italian mortgage.
The starting point is our comprehensive and detailed fact finding process that helps us compile the information an Italian bank will require in order to assess your application.
Once we have your financial profile to hand, we can than prepare a personalized Italian mortgage research report detailing the best Italian mortgage products available via the Italian banks local branch networks so we can identify the most appropriate Italian mortgage product for your needs and circumstances.
With the right Italian mortgage product selected the next step is the completion of the bank application form and the collation of the relevant supporting documents that the bank will require: translation into Italian by an accredited translator is usually necessary.
As with most things Italian, the arrangement of legal formalities including document signing can require a physical presence and, through a Notaio, we can make the necessary arrangements. This may involve establishing a limited power of attorney for the purpose of concluding the Italian mortgage contract.