There has been a turn over of staff at Ideal Homes so some of the contact info in the video might not get to who you are trying to contact. Email us at [email protected] so we can get you connected with a mortgage broker!

Kalie from Expats Everywhere has been living in Portugal for a little over a year. She's been looking at buying a property and got invited to Ideal Homes, an awardwinning real estate company in Portugal (Vilamoura, Algarve). So today we will learn how to get a mortgage in Portugal, and discuss in details about how they work.

Kalie meets with the team at Ideal Homes to learn about their 3 step mortgage process from preapproval, to formal approval, and closing. She has around 25 minutes to learn how mortgages in Portugal work and then she needs to summarize the process in 60 seconds to show what she's learned. If she can't do it, she's going to be thrown into a pool by her husband, Josh. If she can do it, she gets his portion of the clothing budget to shop at the outlets in Algarve.

Learn the mortgage process along with Kalie as Ideal Homes mortgage experts tell you how it works and then see if Kalie can summarize it properly and clearly in 60 seconds or less.

For more information about Ideal Homes, check out their website here: https://www.idealhomesportugal.com/

Chapters:

00:00 Intro
01:07 Step 1 (preapproval)
15:48 Step 2 (formal approval)
20:11 Step 3 (closing)
26:21 Kalie’s 60 second challenge
26:29 60 second summary of the mortgage process in Portugal
27:40 Did Kalie succeed?
27:59 Very important info before you go

* ABOUT US *
Josh and Kalie left the US for a life abroad in 2009 and haven't looked back. They have lived in Spain, South Korea, Saudi Arabia, Singapore, and are currently in Portugal. Yes, they realize they only moved to countries starting with the letter "S" until they spoiled that streak with their move to Portugal. Follow ExpatsEverywhere as we aim to get information to you through expat interviews, city breakdowns, expat life, travel, vlogs, and more.

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We have a course to help DIY the D7 visa for Portugal. The course includes stepbystep videos, checklists, resources, recommendations, discounts, and more. It breaks down the timeline and when and how to do things, plus gives action items to keep you on task but not be overwhelmed. Check it out here: https://expatseverywhere.thinkific.com

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Wanting to get your mail forwarded to you while abroad? Use Anytime Mailbox! Be sure to use this specific link when you sign up: https://www.anytimemailbox.com/?affke...

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