STRUCTURED FINANCEWe pay off the mortgage on your property in the United States and you start paying in reais in Brazil. The US bank exits and the property lien is recorded in favor of the First Icon group.
We request from the US bank the exact amount to pay off the mortgage on the closing date.
Term, installments and down payment, if any, set during the credit review.
Lump-sum payment to the bank through a title company, and release of the old mortgage.
Mortgage or deed of trust recorded in the county in favor of the group.
Monthly payment through the portal, by boleto (Brazilian bank slip) or Pix.
With the final installment, we issue the release of mortgage.
The debt is now in reais and no longer grows when the dollar rises.
The deed does not change; only the mortgage lender does.
Dollar rental income can keep coming in while you pay in reais.
Transfers through an authorized institution and reports to the Central Bank when required.
Tell us what you have to receive, protect or recover. Our team will respond with a proposal.