Spanish Mortgage Advice
Spanish Mortgage Advice
Spanish Mortgage Advice
Habeno – Spain’s leading independent Mortgage Broker
Habeno has been operating in Spain since 2006. Since then, they have cemented their place as the leading independent broker in Spain. They offer a premium broking service to clients of all nationalities and secure the best possible deals.
Spanish Property Expert has chosen to collaborate with Habeno over other brokers/intermediaries for the following reasons:
- qualified advisers
- native English
- work with all lenders offering finance for Spain
- mortgage quotes within 24-48 hours
- no-obligation advice delivered in a professional and friendly manner
- competitive fees for a premium service
If you wish to learn more about financing in Spain, Habeno is available to discuss your options with you and provide a no-obligation mortgage quote.
Apply for a pre-approval Please Click HERE
NO FEE FOR QUOTES: Habeno does not charge for initial quotes. They charge an Administration Fee only once you decide to proceed with a formal application. All advice given until then is free of charge and there is no obligation to use their services
If somebody said you will get 100% financing, I would probably not believe him. But Spanish banks can actually lend 100%.
How to get 100% financing:
If you buy a property from 1MEUR and have a wealthy profile, let’s say 150,000€ in salary, 300,000€ in portfolios, 1,5MEUR in real estate assets. You have big chances to get 100% financing with interest only, during 10 years from a private bank.
In exchange, you have to deposit 60% of the purchase amount in a pledged portfolio with the lending private bank.
Why is this interesting?
- You put no money into the house, but 60% into a portfolio.
- The portfolio can give you a yield (ROI).
- You have a great cash flow since you don’t pay amortization.
Interest rate: you would probably pay around 1.5% + Euribor.
Apply for a pre-approval Please Click HERE
