Archive July 28, 2019

The mortgage: become an owner

The purchase of a house or apartment is one of the most important choices of your life.

We offer you very advantageous home loan solutions, without stress and at a minimum cost.

Mortgage centralization: centralize all your credits in one

Mortgage centralization: centralize all your credits in one

Consult HERE our mortgages or mortgage grouping formulas for individuals and ICI our formulas for independents!

Who is the mortgage intended for?

Who is the mortgage intended for?

What if you stop losing your money and start investing sustainably in property? With the mortgage, you can become a homeowner! Instead of paying your rent each month, you pay off your mortgage. With the same amount spent per month, you invest to become an owner.

To be a tenant of one’s home is to invest in lost funds. Money we will not see again. With the mortgage loan, you can become a homeowner at the price of a rent. The mortgage is a mortgage to finance the purchase, construction or renovation of your home. It’s a long-term investment.

Real estate is expensive and it is often difficult, if not impossible, to acquire property on own funds. Credit or mortgage loan is the solution!

The mortgage loan, for whom?

The mortgage loan, for whom?

Broadly, the mortgage loan is for people wishing to become homeowners. Thus, this credit makes it possible to finance the purchase of a house, an apartment, etc., but also, the construction of a property. But the mortgage is also for those who want to renovate or transform a home they already have.

How does the principle of the mortgage work?

How does the principle of the mortgage work?

Mortgages are often synonymous with big money. As a result, the financial institution that lends you the money needs collateral. As the name suggests, a mortgage is a mortgage of your property. Throughout the loan repayment period, your home is pledged. If you are unable to repay your credit, the company is assured of recovering its money

Before granting you this loan, we will obviously check your creditworthiness and analyze your repayment capacity. Your income and expenses will be reviewed so that these charges plus your refund do not exceed 65% of your income.

You have understood that by signing this type of credit, you agree to repay the capital, but also to pay interest. Know that there are tax benefits to take out a mortgage, which offsets some of these costs.

The tax advantages of the mortgage loan

The tax advantages of the mortgage loan

Under certain conditions you can benefit from a housing check granted in the form of annual tax credit. Its goal? Helping households with limited means to acquire real estate. What are these conditions?

  • Have a taxable income of less than € 81,000
  • Occupy the property primarily
  • Do not own any other property
  • Have chosen a mortgage loan with a repayment period of at least 10 years

This habitat check also changes according to the number of dependent children. To get an idea of ​​the amount, here is the calculation formula: 1520 € – ([taxable income – 21 000] * 1.275%), + 125 € per dependent child.

Our different mortgage loan formulas

Our different mortgage loan formulas

Because your needs are different, we offer two types of mortgages: the first is for individuals while the second is for the self-employed. For each of them, the request will be treated in a personalized way so that your credit sticks to your real needs. We also propose the regrouping of your credits, of long and short duration, in order to lighten your monthly payments.

Do a simulation for your mortgage

Do a simulation for your mortgage

To find out about your monthly payment options and prevailing interest rates, try our Mortgage Credit Simulator above. Using the sliders, select the amount you want to borrow, the loan term and the estimated share.

How to calculate the amount of my mortgage?

How to calculate the amount of my mortgage?

The amount borrowed depends on various elements. The first is the monthly income of your household. Then, the loan term you choose as well as the interest rate. Finally, the proportion is also important to take into account. It is the ratio of the sum of the credit and the value of the good.

Attention to additional costs

Attention to additional costs

When you take out a mortgage loan, you are forced to go through a notary. This act will obviously entail additional costs that you must not neglect. These costs include registration fees, mortgage fees, legal fees and, of course, notary fees.

Should I take out insurance for my mortgage?

Should I take out insurance for my mortgage?

At Skies Bills, no insurance is required. On the other hand, we advise you to think about it. A home insurance will protect you in case of disaster on your property. The outstanding balance insurance is used to protect your family. In case of death, the insurance pays the share of the capital still due. It is not your loved ones who must repay your loan. It is sometimes better to take precautions than to suffer or to suffer consequences that can be financially harsh.

Why choose Skies Bills for my mortgage?

Why choose Skies Bills for my mortgage?

At Skies Bills, we treat each application for mortgage credit in a personalized way and with great attention so that the solution that we propose to you is the most adapted to your needs and to your repayment possibilities. Moreover, this request is free and without commitment.

Being available and listening to you at all times is also a fundamental value of our society. Thus, professionals are at your disposal in a network of 15 agencies in Belgium and the Grand Duchy of Luxembourg and, at your request, can even go to your home, even in the evening.

In addition, we work with several partners and shop around for you. We evaluate the price and condition of your property and we select an approved expert at the best price. We are independent of any company, which is why we can certify an objective opinion. You also choose your notary and your insurance, you are free!

Finally, we are experts in the field of loans and mortgages. Thanks to this experience, we can advise you at best and we think of everything for you!

 

Loan without testing | Payday loan

Is it possible and how it is done

Is it possible and how it is done

One of the requirements of many borrowers is to obtain a loan without testing from various financial bodies. Why is it necessary to perform tests before granting a payday loan? What tests are performed? In what cases can at least some of the tests be avoided? In the next lines we will deal with loans from the perspective of the lender.

Background check of borrowers and its importance

Background check of borrowers and its importance

Most of the entities responsible for providing loans are entities that do so for profit rather than for philanthropic purposes. In fact, most of the activity of the banks is based on the granting of loans, and the financial entities that have joined the circle of lenders in Israel in recent years are doing exactly the same. Therefore, a loan without checking is not exactly the right thing to do for them. Those who grant a loan want to get their money back, along with interest and linkage. In fact, in these cases the money is actually the goods, which the lender sells in exchange for interest rates. Even philanthropic entities that provide loans without interest or low interest rates do not grant loans without checking, and sometimes they even perform more meticulous checks than others.

Loan without checking – when can be avoided from the examination

Loan without checking - when can be avoided from the examination

The background check of the borrowers usually includes their obligo, ie, the sum of all their debts and rights in their main bank account. In addition, the borrowers also check other details about the lenders, including checking the bdi website, which provides information about business and private customers and may alert customers about very problematic customers. The only cases in which a loan is granted without an examination is when the loan is transferred by the borrower to the lender for future repayment. In these cases, only checks are made to clarify the account restrictions from which the checks are drawn. From the lender’s point of view, the checks constitute a binding document and their non-payment constitutes cause for legal action and the reduction of execution proceedings against the borrower.

If a loan without an inquiry is interesting to you and if you have a desire to get the loan as soon as, this is the right place for you. You should contact us now and we will get back to you soon. Our professionals will suit you for the best loan and help you through the application process. Our company has been active in the loan market for years and has provided its good services to many satisfied customers.

Pledge life insurance contract on a loan in fine.

 

The pledge of life insurance

The pledge of life insurance

A pledge consists of placing a financial product as collateral with the lending institution so that it is certain of being reimbursed in the event of default by the borrower. If the case arises, the lender then repays itself by drawing on the resources of the financial product.

The pledge can most often relate to a life insurance policy or an Equal Savings Program (PES). It may also apply to capitalization contracts and securities accounts in UCITS (Undertakings for Collective Investment in Transferable Securities).

The advantage of pledging a life insurance policy is that the borrower can continue to value his investments during the repayment of the credit because he remains the sole owner of the life insurance policy. However, it is the lending institution that becomes the first beneficiary of the contract for the duration of the credit.

Simulation, Quote and Comparison of Credit Insurance

Simulation, Quote and Comparison of Credit Insurance

The pledge of life insurance on a loan in fine

The loan in fine is a fixed-rate mortgage with a maturity of between 3 and 15 years and a minimum amount of € 21,500 (no maximum amount). It concerns the financing of real estate intended for rental investment. It allows the borrower to benefit from attractive tax deductions. The peculiarity of the loan in fine is that only interest is repaid during the entire duration of the loan. It is indeed when the mortgage expires that the borrowed capital is repaid in a single payment. Consult our insurance form ready in fine.

In order to be able to repay the borrowed capital at the end of the loan, it is necessary for a loan in fine to build up a savings by paying each month a monthly payment on an investment product in order to reconstitute the amount of capital borrowed. In our case, it will be a pledge of life insurance.

The pledge of a life insurance or other financial product is a guarantee often required by the banks as part of a loan in fine because the bank wants to ensure that the borrower will have the necessary funds to repay the capital borrowed in one go at the end of the loan.

When pledging a life insurance, an amount of life insurance funds that is at least equivalent to that of the borrowed capital will be blocked.

The benefits of pledging life insurance on a thin loan

The pledge of life insurance on a thin loan makes it possible to reduce the amount of taxable property income thanks to an optimized fiscal framework.
This is a less expensive guarantee than a bond or mortgage.
It is possible to pledge a life insurance contract without having to cover all the capital borrowed at the beginning of the loan since the borrower can pay monthly a monthly installment on his life insurance so that the borrowed capital is reconstituted at the end of the credit.

Pledge or borrower insurance?

Pledge or borrower insurance?

The pledge of life insurance on a loan in fine is therefore a rather advantageous operation. It also allows the borrower to improve his file for the acceptance of the loan offer by the bank. It should be noted however that even if you pledge your life insurance policy on a loan in fine, you will probably not miss the subscription of the basic guarantees of a loan insurance, which are the death and the loss. Total and Irreversible Autonomy (PTIA). The advantage is that your loan insurance will still cost you much less than if you did not pledge on your life insurance.