Help and advice on all types of Mortgages including Rent to Buy
Do you want to know how much you can request for your mortgage? Contact us
Get your mortgage in Spain easily. Leave us your contact information and we will give you complete information to obtain your Mortgage in Spain. We will easily guide you through the complex process of mortgage financing in Spain explaining how much you can borrow from a Spanish Bank, how much it will cost you, the cash deposit needed and exactly what documents you will need.
What is the maximum amount that can be borrowed in a mortgage loan?
The maximum loan amount is determined first by the loan-to-value ratio. The concept of loan to value refers to the relationship between the amount of the mortgage and the purchase price of the property (or valuation if it is lower). Non-residents purchasing a second home can borrow up to 70% of the purchase price (or valuation if less). For tax residents in Spain (those who pay Spanish taxes) the maximum mortgage is up to 80%. Bear in mind that most Spanish banks offer tax resident conditions when a reasonable time has elapsed since taxes began to be paid in Spain.