A building has always represented for the Italians a refuge, a lifeline, a security. If we are owners of an apartment, villa or home, we have already achieved one of the most important goals in terms of stability. The house is there but the money is missing? What to do if we need liquidity? Can we mortgage the property? How to mortgage a home ?
Currently the so-called " mutual liquidity " is spreading : a type of financing offered by banks and other financial intermediaries, which allows for high capital (starting from about 50,000 euros) without having to give any reasons for employment.
A certain analogy with personal loans therefore, where the use of financing is not to be justified, and which also allows for lower interest rates (always with respect to personal loans). Who therefore has to face an important expense, for example, wants to pay for studies to their children or help them buy a house, or invest in bricks abroad, directs their choice towards a mutual liquidity, at a fixed or variable rate . How to get it?
A necessary condition for requesting and obtaining a mutual liquidity is the mortgage registration of the building we already own. The house (which therefore acts as a guarantee for the bank) must meet specific requirements:
– You must not have any other mortgages already.
– It must also be regulated from an urban and administrative point of view: an abusive house will never be considered, as it is destined to be destroyed.
Moreover, if we are in an unenviable financial state, for example close to bankruptcy, it is difficult to obtain the mortgage: the bank prefers to avoid that in case of forced sale of the property, there are other creditors ready to claim the same rights on the home. Lastly, the characteristics of mutual liquidity are also linked to the applicant's profession: those who have a permanent contract can mortgage up to 70% of the value of the home, whereas a freelancer can up to 50%.