This was fabulous! I learned so much about the process in Portugal. Great job Kalie! Thank you both for another informative and fun video.

Great job Kalie - and Josh too! This was a great video explaining the mortgage process from the pre-approval all the way to closing. I think for most folks from the U.S., the life insurance requirement would be the major difference. It makes sense though, if you take out a 200,000 Euro mortgage, then you may need a 200,000 Euro life insurance policy just in case something happens to the borrower(s).

Any guy who doesn’t blink when he is explaining something is a Great sales man. Great info ….

Thanks Kalie! 👏 You were laser focused! Great guests Josh! Super resourceful! Well done! Wow crazy low interest rates compared to US! Almost retired and will be ready to go within two years! I thought US citizens can no longer purchase properties in coastal areas?

Wow you earned that shopping spree! Thanks for the super informative post!

Excellent info on the mortgage Process. I can tell that these folks know how to process the loans the right way. If we had these Portuguese running the mortgage loans in the US, we wouldn't have had the 2008 Housing Market collapse. This shows how the US banking and mortgage systems are run by crooks and rogue loan officers in Banks. Surprised to note the rates were in the 1 plus rate. Can you have another episode that covers the additional % age for closing for the landed cost (the equivalent of US closing cost that includes Courier fee, copying fee and other bogus fees which alone cost 1% , in the total 3.5 to 5% closing cost). From what i can tell the system seems to be FAIR and not a robbery like in the US. Great job Kelly.

Do a video on the process to buy a car….start to finish. Private party and dealer. Thanks.

Great job Kallie! Glad you got the funds. It was a good video to explain the process.

Very informative especially for us in the process of finding a home, so thanks! I would've liked to have seen what you bought...Love Desigual! 😉

OMGOSH Thank you! I pretty much gave up getting a overseas loan. I just couldn’t find any information on it. I will definitely be doing this. I don’t like pay rent on something I can eventually own.

Oh, I almost forgot then at the closing and you sign it like a 1,000 papers and then you have the keys to your house. Good job explaining all that, Kalie!!!😃

Great job Kalie!!! That was so information rich and compact! Awesome as usual. Love it!

Excellent video! Bookmark worthy! I always appreciate getting into the details vs not. BTW-I trust those pastel de nata’s didn’t go to waste. 😁

Thanks, valuable information Kalie, I like to be in touch with the person. Best wishes

Excellent job explaining the details of every corner this topic entails! We are a Canadian family working in Denmark and recently started to look into portugal for real-estate investment opportunities... this is by far the best video that the hits the nail on the head

South Africans- yes we are everywhere. How did you mic Stacey, with all that scarf. Good job. Very informative. Thanks

Yay Kalie! Awesome interview, awesome wrap up! 👏💕👏💕👏

Thanks!

Great video and GREAT questions Kalie.

Looks like Kalie earned her retail therapy! 😜

Cool. One thing they never mention is property taxes. As you know, in the US , it is a crucial piece when buying a property. I also heard you must pay a sales tax (vat or IVA, something like that) which is money above and beyond the down payment you should have ready to pay.

So informative and how you did that without jotting down one note is amazing!! Thanks for another great video and glad you found some clothes at Desigual!

💯👏👏👏Gonna have to make the challenges much harder 😆 I would have loved to see you throw Kalie into the swimming pool 😅😂

the interest rates that they pay compared to us is a bargain!! Great info!

What a great video, thanks for the information.

Thanks so much for this video! It's been incredibly helpful!

Thank you so much. This was extremely useful.

Thanks for sharing this wonderful video.

Can you qualify based on just dividend investment income?

This was super helpful! And really encouraging,👍

Great job! Very clear. Thank you. One question that wasn't mentioned was whether you need to select a property before seeking preapproval.

Hi guys, can you do a video about taxation for an American citizen who has a property abroad and lives in USA or lives abroad, earning money abroad and bought a property for himself or gets a rental income from it? As an American citizen there is an obligation to pay taxes regardless where you live and work. Can you clarify that information for me? How does it work with you, guys? Thanks in advance.

Thank you for sharing, am looking forward to stay in Portugal and your information are certainly vital to us, cheers.

Hi Kalie, happy that you were able to go shopping. When you decide to purchase a home in Portugal, is there a rwuited home inspection? You did a great job with getting all the mortgage info. I ko e watching you, your husbabd and Sia! Thank you!!!

Thank you guys , that was soooo good!!🙏🙏😊

Kalies normal speaking is quick, but you put the vid on 1.25 speed or the like. 😃😃

Very informative

You guys did great!

This is so excellent! Thank you!!

Nice one injoy it.

Extremely informative video. I think I'll print out my financials when I come to further explore Porto neighborhoods next month. Your Bonfim, especially, and Marques videos sparked my interest. Are you looking to buy in the Algarve now? All my best to you!!! Obrigada!

Wow, great job! I just have a question about life insurance: What if the client already has US life insurance, would she still have to get a Portuguese one? And: Is there an obligation to maintain the life insurance policy for the duration of the loan? The reason for this question is that life insurance rates frequently change as you get older (they do on my current US policy).

Great video. Very clear and helpful. Though gratefully we were able to buy our house for cash. Though i do wonder, looking at the interest rates, if financing the house and investing the cash may have made me more money Love that you can't carry more than 40% monthly debt. What a nonpreditory approach

Thank you so much it was a great informative video!

We’re in this process right now, what I dislike about this whole process of buying a property in Portugal is the pressure that the estate agent puts on about signing the promise to buy contract and paying the deposit, even before you know if the bank will approve the loan, to me this doesn’t make sense. 🤔

NEVER do variable rates. If you want to risk loosing everything go ahead. But I can’t believe people do this.

This was an interesting conversation and it’s great that it was in English, admittedly better absorption of the information. Buying in a different country has a lot to take in, I wonder if the appraisers of banks in PT have stricter rules now that prices are going up with their exposure much greater. Thank you, Kalie and Josh.

Great video. Ideal Homes appears to be oriented to properties in the south of Portugal. Who do you recommend for properties in the north?

Hi, where can you buy a 2-3 apartment under $300K (US$) close to Porto? within walking distance? Or 3-5 Km to Porto? Not a free-standing house, and certainly no yard! Also lots people recommend Caldas, because of proximity to Lisbon. I know you did not "expat" Caldas. Largely because? Too small? Not much to do? Lack of amenities?

Hi Kalie, I was impressed! You made it! Shopping was a satisfying way to end the video!! Kaylee, there is only one question that was not asked but an important one. How much are the closing costs? When I asked another realtor she said it’s about 10% of the sales price. That’s more than we have to pay in the states. It’s like paying the realtors and the closing costs. 10% of $300,000 is 30,000 yikes. I would have also asked the male realtor how he makes money since he said he doesn’t charge. Do you think you can find out if the closing costs are the same with Ideal homes? I don’t know if it was one specific realtor and that office or if that’s the standard for buying in Portugal. Thanks!! Your videos have been so helpful. I’m gathering information and planning.

Guys your content is amazing, and come on dude just 100€? Alright 2 quick questions: - the 3 years of tax returns have to be from Portugal? So basically one had to live there for 3 years then apply? - the guys spoke about variable rate of 0.7%, how about the fixed rates? What are the ranges approximately? Thanks!

I just went through the mortgage process myself. There's no way you can explain it in 60 seconds. This video is over 20 minutes long just to explain it at a high level...

Excellent video and just the information I was looking for! So, I assume the seller has to pay Ideal Home a commission ? And funny enough, I looked at your top and thought to myself “ that looks like a Desigual item” and bam 💥 you mention it 😉 🙌, I like those brand too a lot! Hard to find in New Zealand 😂 they are truly at the end of this earth and far behind the moon 🌒 😬 can’t wait to move back to Europe/ Portugal 🇵🇹

This was very informative. I was planning to pay cash, but perhaps I'll buy two places and have a mortgage.

Good job, Kalie! :)

Great Video/Great Info!!!!

How about buying income properties in Silver Coast, for example, for Airbnb? Have you been there? I am very curious about that area. It seems to be potential area to invest. Please make a video on that. Thank you both!

Great information and summation. You should have taken the whole wallet!

Very valuable. Thank you.

Fantastic job kallie. How do I update my cvs info to be a patron

I was a little surprised about the life insurance...Anyone have more experience with that aspect? I would think it's just about percentage down and qualifying income for monthly mortgage...No?

Excellent information! I love Pico island! Would be a great place to retire! Are expats welcome?

Congrats Kaylie,! And where’s that mall? Lol

I believe it is mortgage insurance that you will be getting and not life insurance. People get life insurance for their personal needs, banks encourage you to buy insurance based on the value of the mortgage (aka mortgage insurance)to cover you/them if one spouse dies. The cost of a mortgage insurance is very expensive and you get nothing in return when the mortgage is paid off or if and when the property is sold. It is cheaper to buy separate insurance at a lower rate from a private insurance company to cover the value of the mortgage in case of death of one spouse or loss of income due disability. When I purchased my first property I refused the insurance the bank was pushing for it didn’t benefit me.

Any idea what your credit score and report need to look like to get approved for a mortgage in Portugal? Great video! Thank you.

Bro's interest rate advice didn't age well lol 🤣 aside from that, great video very informative thank you guys!

Do mortgages in Portugal have pre-payment penalties? Can you add extra monthly to principle?

I'm an independent contractor. I'm guessing the self-employed status would apply to me?

I never realized it but Kalie somewhat reminds me of Kate Middleton!

Do you have any recommendations for a similar mortgage broker like Idealhomes but closer to Porto? Looks like Idealhomes might be more suited to the Algarve. Great video though, cleared up a lot about the process there.

Would they finane a multy family house ? A fourplexe as in example

Thanks. I’ve emailed ideal homes twice and never had a response pretty disappointing

I've never had a mortgage. What if you have a twenty year mortgage but pay it off early, say after ten years. Are there any penalties or restrictions in Portugal? Thanks. Great video.

So many procedures to go through to buy a property in Portugal

Hello, which broker help you,to buy house?Thanks.

Good Katie can you send me information on this gentleman I’m interested in loan and moving forward thank you

Hey Josh and Kalie, what happens if you get the appraisal back(I forget what they call it) and there are some issues Are They willing to negotiate?

Can self employed in India can get a mortgage home loan in Portugal

Thank you Kalie and Josh. really good video. Did you by any chance ask about retirees since they don't have a 'regular paycheck/income' - what proof of income would they need? Thanks and Happy Shopping!

What Jose said is BS. They have me just one option and it was not pre approved. Just an email stating the amount. When I asked for another offer they never called back.

What about possibility for a bridge loan ?

Is this guy from South Africa?

Does the mortgage include escrow? How does property taxes and insurance work?

Hi Guys I sent this video to my friends who need to watch it because they’re considering getting a mortgage and buying a property in Portugal. One of my friends is asking if we could meet with this mortgage broker. Is that possible? Do you know how we can contact him? Thanks again Janis

Biggest advice: DONT DO VARIABLE RATE- YOURE AT RISK FOR FORECLOSURE

A monthly clothing budget?? Josh….. we need to talk 😂

Wait, wait! Josh has a MONTHLY CLOTHING BUDGET?! OK he qualifies as a Metrosexual hahaha! I have my own 1 minute tutorial on financing a home purchase in PT: ALL CA$H OFFER. Hahahaha. Hey, where’s that video on Lapa? My sister wants to see it before she visits….

Will my income be considered as foreign source of income and will i be eligible for NHR if i make money by trading in crypto and NFT?

Less than 1% now?

Don’t use apostrophes to make plurals. Foreigners is the plural of foreigner. Thank you.

Just talk about mortgage and not about what this josh is doing or throwing

Lol, you are a good husband because she did not win this challenge- nit even close!

Thanks!