If you need some extra money and you already have a property in your name, the loan with Itaú property guarantee may be a good choice for you.

From it, it is possible to transform up to 60% of the value of your property into credit to use whenever you want.

In addition, the release of money is fast and you can take out a loan with low interest rates.

Did you like it and want to know more about this loan? So, stay with us in this post as we show you everything about Itaú's secured credit.

In summary, the secured loan is a type of credit where you offer your house or apartment as a guarantee for the payment of the borrowed money.

In this way, until the loan is paid off, your property becomes linked to the bank with which you contracted the solution.

But, do not worry that when taking out this type of loan you will still be able to use your property as you wish. 

It will only be used by the bank when it is not possible to pay the loan installments. In that case, the institution can pick up the property to settle the rest of the payment.

However, before that happens, banks offer various means of debt negotiation so that you don't lose the property.

At first, because the loan has this payment guarantee, it is usually possible to find better interest and payment conditions in this option, since banks feel safer with this modality.

Therefore, only in the loan with property guarantee is it possible to access very low interest rates and a much longer payment term.

In most cases, home equity loans have a credit limit of a percentage of the property value as a credit limit.

Therefore, in the case of the Itaú loan, you can borrow up to 60% of the value of your property, and the minimum that can be borrowed is R$ 30,000.

Namely, the Itaú bank loan offers several advantages to those who hire it, such as those described below.

In addition, Banco Itaú has the Pula Parcela feature, where you can skip up to 2 consecutive installments of the year.

Now that you already know the advantages of the loan secured by Itaú bank, let's take a look at the main features of this financial service.

Therefore, we can start by highlighting the high payment term that this modality has, where you can pay off your loan in up to 240 months.

Another interesting feature that is not always found in this type of loan is related to the installment amortization system.

Itaú allows your loan installments to follow one of the two options below:

In this way, it is possible to choose the best way to reduce the outstanding balance of the loan taken out and, thus, be able to make payments with more peace of mind.

Furthermore, the interest applied on this loan is one of the lowest in the market, with rates starting at 1,42% per month.

Namely, all loans have their basic requirements for you to be able to take it out, and Itaú is no different.

Therefore, to be able to take out a loan with a property guarantee from Itaú, you must have:

Here it is important to point out that in this credit modality Banco Itaú does not accept third-party properties, rural properties or land as collateral. Residential and commercial properties only.

In summary, the loan with Itaú property guarantee is a great loan option that can still be applied for completely online, without you having to go to the agency to hire it!

Therefore, if you liked this option and want to apply for your loan from Itaú with a property guarantee, check out in the content below how to go about this process!