Who pays FINOVA?

Who pays the fee?

The bank. FINOVA is a tied credit intermediary. By law, a tied intermediary can only be paid by the banks it has contracts with.

It cannot take anything from customers: no fee, no commission and no expenses.

When and how is it paid?

The fee is a commission worked out on the loan amount. The bank you choose pays it, and only once the loan contract is signed.

If you do not go ahead with any of the offers, FINOVA receives no fee.

Can I find out how much the bank pays FINOVA?

Yes. For home loans, the intermediary must give you this information before the service starts. If it does not know the amount yet, it must tell you it will appear in the ESIS.

Can the fee influence the choice?

The law protects you. Banks must make sure the fee does not undermine the intermediary's duties. Those duties include acting with loyalty and respecting your interests.

The intermediary must also have ways to spot and avoid conflicts of interest. The final choice is always yours.

Does the loan money pass through FINOVA?

No. A credit intermediary cannot receive or hand over money linked to the loan contract. You pay your repayments to the bank. The deposit also does not pass through the intermediary.

How can I check what is written here?

The ESIS names the bank that lends and the credit intermediary. FINOVA's registration is No 0008496. Check it on Banco de Portugal's list of authorised credit intermediaries.

Does the fee make my loan more expensive?

The intermediary's fee only goes into the APR when the customer pays it. That is not the case with FINOVA. Always compare offers by APR and MTIC.

Which costs do I still have?

The loan has its own costs, with or without an intermediary. An example, for a €150,000 loan:

• FINOVA's fee is paid by the bank;
• stamp duty on the loan is €900 (0.6% of the amount);
• the home valuation usually costs €250 to €350, in our experience.

There are also the purchase taxes, the deed and registration. These are example figures.

Where FINOVA helps

We take your case to the banks we work with and compare the APR and the MTIC with you. The fee and bank details are on the Intermediary Details page.

See also What is a mortgage broker, and why would I need one? and the home purchase simulator.

Sources

• Banco de Portugal — Carrying out the activity of credit intermediary (in Portuguese)
• Banco de Portugal — Credit intermediaries: what they are (in Portuguese)
• Banco de Portugal — Interest rates in home loans

Sources checked on 22 September 2026.