When you need money but do not have enough money on hand, you naturally start looking for a loan. Getting a loan can be a quick and easy process, which depends on a number of factors, from the purpose of the loan to your credit profile. One of the things that all loans have in common, however, is that you will need to carry a paperwork with you when you are going to try your loan. The variation is little depending on the type of loan you want to get but it pays to know the basic list for the different types of loan that you might want to get.

Documents required for real estate financing

Documents required for real estate financing

A home loan requires a little more from you in terms of documents. It is the most bureaucratic type of loan, followed closely by the loan for vehicle financing. You will need to bring the following documents to your real estate financing:

  • Official identification with photo and CPF of all who will finance the property
  • Proof of income
  • Work portfolio or other proof of employment relationship (work contract, company social contract, MEI voucher or standalone, etc).
  • Proof of address
  • Income tax
  • Birth certificate, marriage, separation, or proof of widowhood
  • Information about your bank accounts
  • Holder of the last 3 months or bank statement of the bank accounts of the last 3 months.

Chances are that your mortgage lender may also ask for additional documentation to offer real estate financing. So keep an eye on the requirements.

Documents needed to make loan for vehicle purchase

Documents needed to make loan for vehicle purchase

The loans for purchasing vehicles can be a bit different. Depending on where you are getting the loan, you may not need to bring in much documentation. What is generally required, however, are the following documents:

  • Photo identification and cash deposit are required at check-in for incidental charges.
  • Proof of income
  • Proof of address
  • Work portfolio or other proof of employment relationship (work contract, company social contract, MEI voucher or standalone, etc).

Generally, with this alone it is possible to obtain auto financing. Some lenders may require some proof of extra income for self-employed or business owners in the form of income tax return, but often this is not necessary.

Getting your loan will require several official documents on hand so as not to delay your lending process. 

Documents required to make personal loans

Documents required to make personal loans at CAIXA, Itaú, Banco do Brasil, Crefisa, etc.

A personal loan is a loan that you get for purposes other than the purchase of a home or vehicle, ie an unsecured loan on your part. To obtain this loan, the following documents are required:

  • Photo identification and cash deposit are required at check-in for incidental charges.
  • Proof of income
  • Proof of address
  • Work portfolio or other proof of employment relationship (work contract, company social contract, MEI voucher or standalone, etc).
  • Latest Income Tax Statement
  • Credit information (usually obtained by the bank or financial institution itself)

It will take a few days to do an analysis of your credit profile and offer the personal loan to your profile. Personal loans tend to have higher interest rates than loans that offer some sort of collateral as they present higher risk to the lender. Here also fit the credit for negatives.

Documents required to make consignment loans at any bank or financial institution

Documents required to make consignment loans at any bank or financial institution

These are like personal loans but may have lower or higher interest rates depending on your financial condition. For example, a negative payday loan can be very expensive. But generally speaking, they are the worst type of loan you can get because they can leave you with financial obligations directly deducted from your salary, weighing in the family budget. The documents for this type of loan are:

  • Photo identification and cash deposit are required at check-in for incidental charges.
  • Proof of income
  • Proof of address
  • Work portfolio or other proof of employment relationship (work contract, company social contract, MEI voucher or standalone, etc).
  • Latest Income Tax Statement

No matter what type of loan you are trying, you should talk to the lender in advance to ensure that you have all the documentation they need. It is also important to compare the loans before confirming, in order to obtain the most advantageous rates and conditions.

Any questions about the documentation needed for a loan? Leave us your questions and we will respond as soon as possible!