Lower Your Mortgage Rate Today
Get the best remortgage deals and reduce your monthly payments now. Refinance for better rates and a loan term that fits your needs.
01
Schedule a Free Consultation
First, book a free consultation online or in person. Our experts will check your mortgage and help you find the best refinancing options.
02
Calculate Your Remaining Capital
Next, we’ll check your loan balance to see if refinancing can save you money. Our team will give you clear, personalized advice, so you can make the best choice.
03
Find the best rates to Refinance
Then, we work fast to secure the best mortgage rates. Most agreements with our partner banks take just 2 to 10 days, ensuring a quick and hassle-free solution.
04
Get Your Quote
After that, once we agree on the mortgage terms, we’ll help you open a bank account and set up the property appraisal.
05
Bank Account Opening + Appraisal
At this stage, we’ll ensure the property’s value matches your loan. Our team will handle the appraisal and bank setup for you, making the process smooth.
06
Finalize Your New Mortgage
Finally, we’ll guide you step by step until the Final Deed is signed, ensuring everything runs smoothly so you can secure your mortgage with confidence.
How to Get the Best Refinancing Deal in Portugal
Find the Best Mortgage Rates
Mortgage rates change often, and your bank might not always offer the lowest one. That’s why we compare the best deals from different banks to help you save on interest and adjust your loan term.
Want to stay informed? Check out Portugal’s latest mortgage trends. In some cases, you may even qualify for refinancing without needing life insurance.
Lower Your Life Insurance Costs
Many people don’t realize that life insurance is a big part of refinancing—but there’s a way to save. At PORTUGAL MORTGAGE, we help you find life insurance separately from your bank, which could cut costs significantly.
We also offer better coverage options tailored to your needs. Don’t let life insurance become an unnecessary expense—we’ll help you reduce costs and get the right protection.
Book a Free Remortgage Consultation
Talk to a mortgage expert about your loan. We’ll review your situation and find the best refinancing options for you.
No commitment—just an opportunity to save money.
Check Your Remaining Mortgage Balance
Knowing your loan balance is the first step in refinancing.
During your consultation, we’ll review your mortgage to see if refinancing can save you money.
Regularly checking your mortgage helps you get the best deal. If staying with your current lender is the best choice, we’ll help you confirm it.
Get the Best Remortgage Rates
We compare the best mortgage rates and help you renegotiate your loan for better terms.
Need extra funds? A second mortgage can free up cash for other investments. Approval takes just 2 to 10 working days.
Get Your Personalized Refinancing Offer
Our team will create a custom refinancing plan that fits your financial goals and the Portuguese mortgage market.
If you’re an expat, get expert remortgaging advice in Portugal from Expatica to navigate the process smoothly.
Open Your Bank Account & Get Your Appraisal
After signing the bank agreement, we’ll help you open your account and arrange the property appraisal (“Avaliação”).
Next, the bank confirms your property’s value, bringing your mortgage closer to completion.
Complete Your Remortgage: Sign the Final Deed
Once the property appraisal is done, the bank issues the final loan offer, usually within a few days.
From there, you can sign the final deed within eight days, securing the last step of your refinancing process.
Throughout the process, our team ensures everything runs smoothly, so you don’t have to worry.
Ready to Save Money on Your Remortgage?
If you want to lower your monthly payments, now is the best time to refinance. For example, our experts compare the best remortgage deals to help you find the right option. As a result, you can secure better terms and save money.
So, why wait? Book a free consultation today, and let’s start your refinancing journey!
What Our Customers Say
Joao, Paulo and the rest of the team have been absolutely amazing. Being foreigner who does not speak the language, I would have been lost without them. Best of the best service you can hope for.
Victor Levy
Had the best experience! João Almeida Gonçalves has been a tremendous help in our quest for a real estate property in Portugal. We did the whole consultation online as we are not from Portugal, which worked just perfect.
Svenja Engelhard
João is simply the best. He was lightning-quick, delivered me a spreadsheet of options within a day, and smoothly navigated getting me to a far better financial situation than I was in before I contacted him.
Heather El
Frequently Asked Questions
What documents are required?
The required documents may vary based on your circumstances, but typically include:
– Passport or identity card.
– Portuguese Tax Identification Number (NIF).
– Last tax return.
– Proof of savings.
– Bank statements.
– Employment Contract and Pay Slips or documentation that verifies your professional activity
What are the deed costs in Portugal?
When purchasing property in Portugal, deed costs typically range from 5% to 10% of the property’s purchase price. The main costs include:
– IMT: Municipal Property Transfer Tax is the municipal tax that varies according to the purchase price.
– IS (Stamp Duty): Calculated as 0.8% of the purchase price.
ISUC (Stamp Duty on the Use of Credit): Charged when taking out a mortgage equal to 0.6% of the loan amount.
– Bank and Notary Costs: Additional costs range from €1,500 to €2,000, depending on the bank and notary.
How much down payment do I need to buy in Portugal?
To purchase property in Portugal, you’ll need a minimum down payment of 10% in addition to the purchase costs. The exact amount required depends on factors like:
– Type of purchase
– Residency status
– Your financial situation
I don’t speak Portuguese, is that a problem?
No, it’s not a problem at all! At PORTUGAL MORTGAGE, brokers speak both English and Portuguese, ensuring smooth communication.
I live abroad, can I still purchase a property in Portugal?
Yes, living abroad is not a restriction for purchasing property in Portugal. While it may affect the characteristics of your mortgage, PORTUGAL MORTGAGE has financed several projects foreign buyers.
Which is the best bank to buy in Portugal?
There is no one-size-fits-all answer, as each bank offers different benefits. At PORTUGAL MORTGAGE, we have built strong partnerships with several Portuguese banks to match the best financing option to your unique situation. Our partners include:
– Crédito Agrícola
– Novo Banco
– CGD – Caixa Geral de Depósitos
– Banco BPI
– Bankinter
– Eurobic
– Santander
– Banco CTT
– Abanca
– UCI, among others.