Spanish Mortgages – the Options

We can secure whatever type of mortgage meets your needs – and cater for both non- residents and residents alike. Lenders offer fixed, variable and, in some cases, mixed rates. However, as Fluent Finance Abroad have been in the Spanish mortgage business for over 15 years, and our reputation within the Spanish lenders is second to none, we have been able to secure preferential and exclusive mortgage rates for our clients.

The FFA exclusive mortgages are not available if you go directly to the bank yourself, or go through another intermediary. The banks offer us these exclusive rates due the quality and volume of mortgage business we generate for them. As everyone’s requirements are different, and as interest rates change and vary over time and from lender to lender, you do need to talk with our Mortgage Consultants. We will provide you with the very best mortgage deal for your circumstances based on the current market conditions.

With the Euribor rate being in negative figures it’s easy to see why Spanish mortgages are a very attractive proposition. And with interest rates looking at remaining low for the foreseeable future, low-cost variable rate mortgages are proving popular. However, we can also offer fixed rate mortgages which offer more security against interest rate rises, with very tempting rates and payment terms.

We can offer these exclusive terms as we’re able to negotiate directly with a range of banks to offer our clients tailor-made rates and terms, specifically to match each and every requirement. And we think we’re pretty much unbeatable in what we can achieve for our clients!

Spanish Mortgages For US Citizens

Spain already has a thriving US expat community, which is seen through the various groups like the American Club of Madrid, which FFA is a Corporate Member.

Spanish Mortgages For Non-Residents

Non-residents in Spain can borrow up to 70% of the purchase price of a property.  We have exclusive deals available, with lower rates than those offered directly by banks.  Call us now to find out more.

Spanish Resident Mortgages

For full Spanish residents where your main residence is in Spain, we can offer mortgages of up to 80%, although in some cases we can secure mortgages of 90% to 100% but these are rare.  There are some great mortgage deals on offer so contact us now to find out more.

Spanish Lifetime Mortgages

A financial solution exclusively designed for individuals who have reached retirement age and have been residents of Spain for over three years.

Equity Release/Capital Raising Mortgages

Releasing equity or releasing capital from your property in Spain can be challenging, however we can always discuss whether you may qualify for this type of mortgage as releasing funds is achievable in certain circumstances.  Contact us now to see if we can help you.

Spanish Remortgage or Mortgage Refinancing

If you already have a mortgage on your Spanish property, but are looking to get a better mortgage deal, such as increasing the loan amount, extending the term of the mortgage or looking for a better interest rate, we can also help you. Call us now for further information.

Self-Build and Construction Mortgages

Many people dream of building their own home in Spain, but need financing to achieve this dream.  The process of building your home or an “autopromocion” project will be considered for finance by several Spanish banks, lending on the land and building costs separately.  Call us now and we can explain the process in more detail.

Commercial Mortgages

If you’re looking to purchase a shop or office premises, or other type of commercial building such as a restaurant or hotel, then we can help you secure a commercial Spanish mortgage.  The terms and rates of interest differ from those of a residential mortgage, but one of our Mortgage consultants will be happy to explain all of the details.

Alternative Residential Lending

If you think that you don’t exactly fit the criteria for a straightforward resident or non-resident mortgage, there are other options available to you outside of the traditional lending routes.  If you’d like to know more and see if you qualify call us now.