Noun phrase
/bɑŋ.ko i.po.te.ˈka.ɾjo/
The term "banco hipotecario" refers to a financial institution that specializes in providing mortgage loans, which are loans secured by real estate property. These banks are a crucial part of the real estate market, enabling individuals and families to purchase homes and make other substantial property investments.
In Spanish, "banco hipotecario" is commonly used in both oral and written contexts, especially in financial discussions, real estate transactions, and legal documents related to property ownership. It is relatively frequent in use, particularly in regions where property ownership is a common topic.
El banco hipotecario aprobó mi solicitud de préstamo.
The mortgage bank approved my loan application.
Es importante comparar tasas de interés entre diferentes bancos hipotecarios.
It is important to compare interest rates between different mortgage banks.
Los bancos hipotecarios ofrecen diversas opciones de financiamiento para la compra de viviendas.
Mortgage banks offer various financing options for home purchases.
While "banco hipotecario" itself may not be found in many idiomatic expressions, it plays a crucial role in discussions about mortgages, loans, and housing. Here are some idiomatic expressions and phrases that involve concepts related to mortgage banking:
Este concepto se refiere a la firma de un acuerdo con un banco hipotecario.
This concept refers to signing an agreement with a mortgage bank.
"Tasa hipotecaria fija"
"Fixed mortgage rate"
Al elegir una tasa hipotecaria fija, puedes asegurarte de que tus pagos no cambien.
By choosing a fixed mortgage rate, you can ensure that your payments won’t change.
"Conseguir financiamiento hipotecario"
"To obtain mortgage financing"
Muchos compradores de vivienda deben conseguir financiamiento hipotecario antes de adquirir una propiedad.
Many homebuyers must obtain mortgage financing before purchasing a property.
"Impago de la hipoteca"
"Mortgage default"
The term "banco" comes from the Italian word "banco," meaning a bench or table, used historically by money lenders. "Hipotecario" is derived from "hipoteca," which comes from Latin "hypotheca," meaning a pledge or mortgage, with roots in Greek "hypotheke," meaning a foundation or basis. In combination, "banco hipotecario" literally translates to "mortgage bank," indicating its function as a lender of secured loans.
Synonyms: - Entidad crediticia (credit entity) - Institución financiera (financial institution)
Antonyms:
- Banco de inversión (investment bank) - as it does not primarily deal with personal loans secured by property.
- Banco de ahorro (savings bank) - which may focus more on savings accounts rather than mortgage lending.