In times of economic crisis like ours, we can find ourselves in the condition of not being able to pay the loans in progress and with the need for additional liquidity to be allocated to various needs.


In these cases, liquidity and debt consolidation mortgages can be an excellent solution. 

This is an opportunity offered by the banks to be able to obtain certain amount of liquidity to be used for their projects and needs – mutual liquidity – and to pay off debts already contracted by renegotiating the conditions and repaying everything in a single lower monthly installment – debt consolidation mortgage.


Mutual liquidity and debt consolidation: what are they and what advantages do they offer 

The mortgage liquidity is, in essence, an alternative to conventional loans, recommended if you need a larger sum of 30,000 Euros, considering the associated costs of a mortgage. 

The liquidity loan has lower rates than traditional loans and can have much longer duration: 30 years maximum against 10 for classic loans.


The main advantages of mutual liquidity compared to a normal loan, therefore, concern:

  • the interest rate
  • duration
  • greater amount of the amount.
  • The requisite to request is the possession of a mortgage-free property that is used to guarantee the requested sum.


What is debt consolidation loan?

debt consolidation loan

The debt consolidation loan, introduced by the Italian law with the DL 212/2011 to avoid the excessive indebtedness of the families typical of these years, consists in a mutual substitution. 

This tool allows you to repay certain installments related to different loans, up to a maximum of 5 (for example the home loan + 4 loans), combining them into a single installment of a lower monthly amount and a higher amortization period, making the extinction of debt more sustainable and even simpler. 

Another advantage of mutual consolidation is that it also allows you to change the interest rate, choosing a lower one. 

It is also possible to request liquidity additional to face any unexpected expenses or to be used for the needs of the family with greater confidence. 


How to get this kind of loan?


To obtain the loan for consolidation, the applicant must prove that he is not a bad payer, that is, that he has regularly paid all the loan and loan installments, and that he has a regular income or pension or, at least, someone who can help him guarantor in the event of insolvency.


Generally, the banks grant a maximum loan corresponding to 80% of the property value.