PRACTICAL GUIDES
Questions and Answers about Mortgage Financing
Financing does not have to feel like a maze of technical terms. At FINOVA, we believe clarity is the first step towards a smart decision. Explore our Practical Guides and FAQ centre to understand the financial language and every step of the process — without fine print and without complications.
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Do I always need a 10% down payment?
In most cases, you need at least a 10% down payment, because Portuguese banks usually finance up to 90% of the purchase or valuation value (whichever is lower) for owner-occupied primary residence. There are exceptions, such as bank-owned properties or certain leasing contracts, where financing may be higher.
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