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Best bank for a mortgage

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danielmobile
  12/23/2019 11:11 EST

We are about to buy a house in Porto and would like to hear recommendations about which bank is the easiest to get a mortgage from. Thanks

LaFong
  1/15/2020 19:08 EST

Hello,

If you haven't gotten a mortgage yet, try
https://thebanks.eu/banks/17326
located in Maia, a five-minute walk from the Metro.

They are the European equivalent of credit unions in the U.S. and are called cooperatives.

More info here:

https://thebanks.eu/bank-categories/cooperative-banks-in-Portugal


I haven't tried them yet, but planning to when I move.

Let me know if you try them and how was your experience..

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LaFong
  1/17/2020 10:40 EST

Here is another reason to use cooperatives instead of commercial banks:

https://www.portugalresident.com/banking-cartel-yet-further-proof-of-criminal-and-abusive-practices-sanctioned-in-portugal/

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