ALGARMOR Mortgage Broker – Property & Real Estate – Expats Portugal Community Forum
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ALGARMOR Mortgage Broker

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Posts: 16
Premium Member
Topic starter
(@bayard)
Member
Joined: 2 years ago

Has anyone had experience working with Algarmor to obtain a bank mortgage?  Thanks LLoyd

4 Replies
Posts: 2
 Shey
Community Member
(@shey)
Member
Joined: 1 month ago

I'm wondering the same thing. I've been working with someone from Algarmor but I don't see much of a digital footprint which worries me.

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Posts: 690
Admin
(@jonesdn2020)
Illustrious Member
Joined: 1 year ago

I have seen them mentioned in the forum but nothing about an experience with them.  I did see a member post a positive experience with https://expatsportugal.com/business-directory/mortgage-direct-sl/

 

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1 Reply
 Shey
Community Member
(@shey)
Joined: 1 month ago

Member
Posts: 2

@jonesdn2020 Thank you. They're linked to another, larger firm and seem to be part of a network that works together. I should've done more research in the beginning. I've been working with someone for a couple of weeks and we've identified some properties. He just seems to be really slow when I've been clear about my sense of urgency due to rising interest rates. Maybe I'm just being too impatient?

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Posts: 2
Community Member
(@amethbrilliant)
Member
Joined: 3 weeks ago

I don’t have any experience yet, but I need to take a loan in Algarmor. Thanks for the answers!
Is it possible to get a loan if I am not a Portuguese citizen? Do I need to collect a lot of documents for that? I work in IT in a US company. Will the local banks accept the source of income as a valid one?
I need a loan to buy a small apartment here and maybe make some investments. I’ve read in Young and Thrifty that it’s high time to invest now in your future, and that’s why I want to buy some papers from local Portuguese companies. It will give me more confidence in the future and maybe make me feel better about today.

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