Getting a mortgage like Blue World City Islamabad is one of the most important steps when buying a property. For this reason, the investor needs to take some precautions, such as preventing his name from being negative and guaranteeing a good credit score with financial institutions.

In addition, it is important to ensure that the required documentation will be provided. As you can see, there are many points that must be addressed.

To help you understand the requirements that need to be respected when obtaining a mortgage, we have written this article. Read through and clear up your debts.

What is the first step towards real estate financing?

The first step in acquiring a letter of credit for real estate financing is to do simulations online, in different banks, to understand which one meets your needs and has the best acquisition proposal. The simulation will show the installment conditions, the entry price, the outstanding balance and the interest rates.

This is important because the letter of credit is a document that guarantees that the bank will lend money to the holder of the letter, as long as it meets the requirements of the institution. Therefore, the interested party should have no doubts about the clauses of the real estate financing that he must respect.

It is important to turn to companies already known in the market, which have experienced professionals. The  CrediPronto , for example, is a company specializing in credit approvals. To date, there are more than 7 billion in financing contracts made.

How to approve credit for real estate financing?

Firstly, the investor cannot have his name denied by the credit protection agencies. Therefore, if you have any debt, prioritize the payment, both to avoid paying interest and not to waste money that could be used to purchase your home.

The second step is to prove your income. There are different ways to do this. If you are an Individual, this verification can be done through your payslips, bank statements etc. Check with the bank which documents the institution requires in order for you to prove your income.

Another important point is to avoid having your income compromised with other financing. Generally speaking, banks calculate that a loan may require up to 30% of a person’s monthly income. If an individual already has a loan in progress, it means that he has already committed that amount before.

In this condition, the chances of getting a mortgage are considerably reduced. However, this is not a definitive rule. There are cases where a consumer can accumulate more than one loan.

One point that contributes to getting financing is having a good relationship with the bank. If you are or have been an Itaú customer, for example, it is possible that your financing will be facilitated at CrediPronto, as it is a partner company of this bank.

This does not mean that customers of other institutions can only turn to their banks. This characteristic only signals that if a person already has a good relationship with a company, he is likely to have access to the best products of that company.

After you have approved the conditions of your simulation, it is time to create a proposal, it can be created with your basic documents, such as, RG, CPF and proof of address. If approved, the contracting of your real estate financing will start.


  • RG, CPF and proof of address;
  • buyer and seller forms;
  • buyer health declaration form;
  • proof of marital status;
  • proof of income;
  • FGTS extract (if you decide to use it);
  • property evaluation;
  • registration and cover of IPTU.

How to use FGTS in real estate financing?

It is common for people to have doubts related to the use of the FGTS balance in real estate financing. It is important to clarify that to use it, the client must have at least three years of registration in his work card – it does not need to be three years in a row.

In addition, it is possible to add the balance of more than one person, as long as the purchase of the property is made jointly, common among couples, for example.

Finally, remember that the amount of the FGTS balance is updated monthly by the company where the employee works, so it is possible to continue using this amount to repay the financing debt or pay off overdue installments. This can be done more than once during the contract, as long as an interval of 24 months is respected.

What are CrediPronto’s real estate financing conditions?

  • we finance up to 90% of the property value;
  • the income commitment has to be up to 35%;
  • 360 months to do real estate financing for residential properties;
  • you can use your  FGTS (Guarantee Fund for length of service)   in real estate financing for properties of up to R $ 950 thousand (for SP, MG, RJ and DF) for other real estate regions of up to R $ 800 thousand. As of 2019, this amount will be R $ 1.5 million for the entire country;
  • amortization by SAC table.

As we saw in this article, it is important to get organized to get real estate financing. This step can be achieved in a simple way, as long as the consumer follows the tips in this article, planning properly.

To help you further understand real estate financing, we have prepared an interactive tool. It is a financing simulator. With it, you can view the values ​​and terms of your real estate financing in minutes. Do the simulation right now!