Enjoy your property investment, both now and in the future. With Group MMG. Buying or renovating a house is an important financial decision that requires long-term investment planning. MMG offers clients its know-how and specialised skills developed over the years to provide you with guidance, understanding and help in choosing together the best mortgage solutions. MMG`s experts work closely with your relationship manager to provide you with specialist loan advice tailored to your particular global financial situation and to offer you flexible, low-cost mortgage solutions. MMG mortgage solutions include fixed- and variable-rate loans, as well as construction loans. MMG residential mortgages
| Type | Variable-rate | Fixed-rate | Construction |
|---|---|---|---|
| Interest rate | Variable, based on capital market | Unchanged for duration | Variable rates |
| Advantages | Reduces if rates fall | Precise calculation | Based on amount used |
| Rate risk | Exists for duration | Only at maturity | Exists for duration |
A Lombard loan is a loan granted by the Bank and secured by some or all of the marketable securities held by a client in a custody account.A Lombard loan fulfils a need for immediate cash without having to divest assets. This is an attractive financing solution for those who wish to take advantage of the leverage effect, optimising their portfolios through the purchase of new financial instruments without having to sell their existing securities. You can borrow against deposited assets up to a certain percentage of their respective market values. Lending value percentages depend on the level of risk inherent in the securities and the type of securities themselves. Usually two types of Lombard loan are available:
| Feature | In current account | As a fixed advance |
|---|---|---|
| Interest | Only on actual amount used | On total loan amount |
| Term | Fixed term | 1 month to 1 year |
| Rate | Variable interbank rates | Fixed for entire term |