The reunion of loans, a long

According to ADICAE present in 75% of Spaniards spent more than 40% of their income to pay the fees of the mortgage. This reflects the greater effort that they have to do Spanish families to cope with mortgage payments and other debts that are outstanding.

The refinancing of the mortgage debt and reunification are the most appropriate solutions for families who are having economic troubles, which is expected to worsen due to the economic crisis in which it is submerged Spain.

The refinancing of the mortgage is to lengthen the period of the mortgage and change the conditions under which they were hired to benefit the client and get paid less per month, easing your financial situation and getting a more favorable situation with the constant increases Euribor we are living.

The reunification of debts or loans is to unify under the mortgage loan other outstanding debts with the customer in a single share, benefiting from lower interest mortgage is located in the 5 or 6% compared to the interests of consumer credit of up to 25%. In this action, you can add an extension of the amortization period, thereby reducing further the share of the loan.

Consumer and user organizations do not recommend this type of action because of the commissions to intermediaries. Free mortgage, as a member of ASIFIN charge a fee only when signing the transaction fees in the mortgage, which does not affect the economy and this customer benefit:

- The lowest monthly fees
- Make a single monthly payment
- Low interest loans for all its
- To extend the mortgage period, also increases the term of tax benefits granted by the State

I should also mention that the standard of living rises each year, so the current economic troubles can be alleviated in the short term and long-term improvement due to reduced fees and increased purchasing power of families who will live.

The number of applications for such products is increasing every month and is expected to continue in this line due to economic hardship in which they are immersed in Spanish families the current crisis. Free Mortgage advised to inform our customers of how to work, fees and commissions, especially the economic upturn that could involve reunification of debts before signing for this action to improve its economic situation and not just the opposite .