Have you ever thought about doing a real estate financing with Santander bank? With it, you can access a low rate per year and still have 35 years to pay off the credit!

In addition, he works with both residential and commercial credit. Thus, it manages to adapt the credit line to different realities.

We all know that one of the biggest dreams of many Brazilians is to own a home. Thus, it is possible to have more stability in life and get out of rent for good. 

And to make that dream come true, doing real estate financing can be a good solution. Therefore, in this post, you will learn more about how Santander credit works and how you can apply.

In short, Santander bank real estate credit allows account holders and non-account holders to obtain financing to pay for their dream property.

For this, the bank works with two different types of real estate financing: residential and commercial. 

In the residential model, you can pay off the loan in up to 35 years. In the commercial case, the bank releases a term of up to 30 years to pay.

Thus, when taking out Santander financing, you can pay interest from 9.49% per year, plus the TR, which is the Referential Rate. It is used as a reference interest rate and is usually below 1%.

In addition, when contracting financing, you can call anyone to compose the income at the time of credit analysis. That way, it is not necessary for the person to be part of your family group.

At first, Banco Santander works with two financing models, as we saw above. Each of them has its own deadlines for making the payment of the credit. But what about the amount they are able to release?

In summary, Banco Santander grants residential properties a credit of up to 80% of the value of the property. As for the commercials, he works releasing up to 70% of credit to finance.

But, above all, it is important to consider that the credit limit will depend a lot on the analysis of your profile, the value of the property and the amount of money you have to give down.

Therefore, despite the values that he manages to release, they may vary according to his analysis.

In short, being able to conquer your own home is the dream of many Brazilians. For this reason, Santander seeks to offer advantages that make the entire mortgage loan process smoother.

Therefore, one of the main advantages is that the financing has fixed installments, which helps you to organize yourself financially.

In addition, it even allows you to use your FGTS to acquire your residential property.

Finally, with Santander real estate credit, you can also finance the amount of expenses involved in the process of buying a house, such as expenses with the notary.

As much as the advantages are great, it's important to get to know the financial institution better before closing the contract, isn't it?

Therefore, Banco Santander is known as the third largest private bank in Brazil, and it started its operations here in 1982. Thus, since then, it has managed to consolidate itself in the country and has created several financial products.

In addition to financing, you can also make personal loans, consortia and even request card machines, if you have your own business.

To offer all this, the bank works alongside several brands that make up Grupo Santander. Thus, you can access several services in a single institution.

In short, real estate credit is indicated for you looking to buy a property and already have saved around 20% to 30% of the value of the property as a down payment.

In addition, the credit is indicated both for those who have a bank account and for those who do not. Santander does not make it a requirement to open an account at the institution to access the service.

So, now that you know more about Santander real estate credit, it's time to find out how you can apply for this credit.

In summary, the application process is simple and completely online. Thus, you can get credit by following a few steps.

First, you must perform the simulation on the website and check if the credit is approved for you. If so, just proceed to register and send the necessary documentation.

After that, the desired property will be analyzed so that the bank can carry out the contract. With everything right and signed, the credit is released for you to buy your property!

But, if you want to know in detail how credit is requested, just check the post below!