6. Mortgage advice consult
When you actually require a mortgage, you will schedule an advice consult. It is important that you find an advisor that is well-suited to your needs and wishes.
You can choose between three types of advice:
- execution only (no advice)
- advice from a specific bank
- advice from an independent advisor
An independent advisor is recommended as more mortgages are included in the comparisons. Be aware of any hidden costs for securing (obligatory) insurance.
In the advice consult, you will discuss which mortgage type you would like, how long you wish to secure the mortgage rate and which insurance you will be including.
When closing on a new mortgage you are sometimes required to take out property insurance and a life insurance policy. It may also be advisable to secure insurance for unemployment, legal expenses or living expenses. Seek thorough advice from an independent mortgage advisor.
With Viisi, all mandatory insurance is included in the price.