How to Get a Mortgage in Spain in 2026 🇪🇸

For residents, banks For residents, banks can usually can usually can usually finance up to 80%. finance up to 80%. finance up to 80%. For non-residents, this For non-residents, this For non-residents, this figure varies from figure varies from figure varies from 60% to 70%. So, 60% to 70%. So, 60% to 70%. So, let's say 70% of let's say 70% of let's say 70% of the value of the collateral. the value of the collateral. the value of the collateral. This is Rafael, an This is Rafael, an award-winning mortgage award-winning mortgage broker for foreigners broker for foreigners broker for foreigners in Portugal, and he in Portugal, and he in Portugal, and he tells us how it tells us how it tells us how it works in Spain. You works in Spain. You works in Spain. You helped us helped us helped us get a mortgage in get a mortgage in get a mortgage in Portugal, we Portugal, we Portugal, we recommended you to recommended you to recommended you to many people, and many people, and many people, and now you have moved to now you have moved to now you have moved to Spain. Spain. Spain. Yes, Kaylee. Spain Yes, Kaylee. Spain Yes, Kaylee. Spain attracts many attracts many attracts many foreigners foreigners foreigners looking for a better looking for a better looking for a better quality of life in a quality of life in a quality of life in a sunny place where sunny place where sunny place where their income or pensions their income or pensions their income or pensions have greater have greater have greater value. Noticing value. Noticing value. Noticing this, we registered this, we registered this, we registered our mortgage our mortgage our mortgage broker with the Bank of broker with the Bank of broker with the Bank of Spain under number Spain under number Spain under number E797, and we can now E797, and we can now E797, and we can now help help help residents and residents and residents and non-residents non-residents non-residents obtain a mortgage in obtain a mortgage in obtain a mortgage in Spain with the same Spain with the same Spain with the same quality as in quality as in quality as in Portugal. Portugal. Portugal. This is incredible. So, This is incredible. So, This is incredible. So, let's figure out let's figure out let's figure out who who who qualifies and what they qualifies and what they qualifies and what they need to know. First need to know. First need to know. First of all, I think the main of all, I think the main of all, I think the main question is: can question is: can question is: can someone get someone get someone get funding if they funding if they funding if they don't have a visa or don't have a visa or don't have a visa or don't live in don't live in don't live in Spain? Spain? Spain? You don't need a visa, you You don't need a visa, you You don't need a visa, you don't need a don't need a don't need a European passport, European passport, European passport, or even pay or even pay or even pay taxes in Spain taxes in Spain taxes in Spain to have access to to have access to to have access to Spanish banks.

Spanish banks. You just need to You just need to show your show your show your income tax return from your home income tax return from your home income tax return from your home country, other country, other country, other financial details, and financial details, and financial details, and enough funds for the enough funds for the enough funds for the down payment and down payment and down payment and taxes. Then you taxes. Then you taxes. Then you can buy can buy can buy a property to a property to a property to live in now or in live in now or in live in now or in the future, or the future, or the future, or rent it out rent it out rent it out for a long or for a long or for a long or short term. short term. short term. Okay, but do you need to Okay, but do you need to Okay, but do you need to have a job in Spain have a job in Spain have a job in Spain or work for a or work for a or work for a Spanish company? Spanish company? Spanish company? No, Kaylee. You do not No, Kaylee. You do not No, Kaylee. You do not have to have have to have have to have a job or a job or a job or receive a salary receive a salary receive a salary in Spain to in Spain to in Spain to access access access credit here. You will credit here. You will credit here. You will show your show your show your payment details from your payment details from your payment details from your home country and home country and home country and bank statements, bank statements, bank statements, your personal your personal your personal accounts there, and banks in accounts there, and banks in accounts there, and banks in Spain will verify Spain will verify Spain will verify this data from abroad. this data from abroad. Okay, that's good Okay, that's good news. news. news. Yes, okay, simple, Yes, okay, simple, Yes, okay, simple, great. Does it make a difference great. Does it make a difference great. Does it make a difference if you are a resident of if you are a resident of if you are a resident of Spain or a Spain or a Spain or a non-resident? non-resident? non-resident? Yes, the main difference Yes, the main difference Yes, the main difference between a resident and a between a resident and a between a resident and a non-resident is the non-resident is the non-resident is the percentage of percentage of percentage of financing. financing. financing. Of course. Of course. Of course. So, for a resident, So, for a resident, So, for a resident, banks can usually banks can usually finance up to 80%. finance up to 80%. For non-residents, this For non-residents, this For non-residents, this varies from 60% to 70% varies from 60% to 70% . So, let's say 70% of the . So, let's say 70% of the . So, let's say 70% of the collateral value.

collateral value. collateral value. Having a Having a Having a residence permit but residence permit but residence permit but earning income earning income earning income abroad does not abroad does not abroad does not automatically guarantee 80%. Therefore, automatically guarantee 80%. Therefore, automatically guarantee 80%. Therefore, some lenders some lenders some lenders may only give you may only give you may only give you 70%. So, first 70%. So, first 70%. So, first contact us, contact us, contact us, find out from the banks find out from the banks find out from the banks what conditions they what conditions they what conditions they offer. Some offer. Some offer. Some banks are more flexible banks are more flexible banks are more flexible than others and are than others and are than others and are better suited to a particular better suited to a particular better suited to a particular case. case. case. Of course, that's logical. Of course, that's logical. Of course, that's logical. Okay, let's Okay, let's Okay, let's get to the numbers. get to the numbers. get to the numbers. How much money in euros do How much money in euros do How much money in euros do you think a person you think a person you think a person needs for a needs for a needs for a down payment? down payment? down payment? Perhaps give an Perhaps give an Perhaps give an example of a property example of a property example of a property worth, say, worth, say, worth, say, 300,000 euros. What numbers 300,000 euros. What numbers 300,000 euros. What numbers should be taken into should be taken into should be taken into account? account? account? Great question, Great question, Great question, Kaylee. For Kaylee. For Kaylee. For a property worth a property worth a property worth €300,000, if you are a €300,000, if you are a €300,000, if you are a non-resident, you should non-resident, you should non-resident, you should consider the down consider the down consider the down payment and taxes. For payment and taxes. For payment and taxes. For a non-resident, the a non-resident, the a non-resident, the minimum down minimum down minimum down payment is 30%. payment is 30%. payment is 30%. So in this So in this So in this example we are talking about example we are talking about example we are talking about 90,000 euros, you understand? 90,000 euros, you understand? 90,000 euros, you understand? The mortgage will be 210,000. The mortgage will be 210,000. The mortgage will be 210,000. So, the bank finances 70% So, the bank finances 70% . In addition, you . In addition, you . In addition, you need to pay need to pay need to pay taxes. Taxes in taxes. Taxes in taxes. Taxes in Spain range Spain range Spain range from 6% to 11.5%. In our from 6% to 11.5%. In our from 6% to 11.5%. In our example, it is from 18,000 example, it is from 18,000 example, it is from 18,000 to 34,500 euros. Taxes to 34,500 euros. Taxes to 34,500 euros. Taxes depend on the depend on the depend on the autonomous region autonomous region autonomous region where you buy a home.

where you buy a home. where you buy a home. Okay, this is important. Okay, this is important. Okay, this is important. And also whether And also whether And also whether the property is new or the property is new or the property is new or second-hand. Typically, second-hand. Typically, second-hand. Typically, taxes are higher on new taxes are higher on new taxes are higher on new properties and lower on the properties and lower on the properties and lower on the secondary market, secondary market, secondary market, depending on the region. depending on the region. During a free During a free consultation, we consultation, we will explain everything in detail, calculate will explain everything in detail, calculate the figures, taxes, and the figures, taxes, and registration costs. In general, registration costs. In general, I would advise preparing I would advise preparing I would advise preparing about 40% of the total about 40% of the total about 40% of the total amount, taking into account amount, taking into account amount, taking into account the down payment, taxes, and the down payment, taxes, and the down payment, taxes, and related expenses. related expenses. related expenses. Of course. Therefore, Of course. Therefore, Of course. Therefore, a person must have enough a person must have enough a person must have enough cash cash cash to to to transfer it immediately. transfer it immediately. transfer it immediately. Yes, that's right. Yes, that's right. Yes, that's right. And how does the bank determine And how does the bank determine And how does the bank determine how much you can how much you can how much you can borrow? borrow? First, they will First, they will ask for tax ask for tax ask for tax returns for the returns for the returns for the last 3 years to last 3 years to last 3 years to verify your verify your verify your annual income and annual income and annual income and stability. For the stability. For the stability. For the current year or the current year or the current year or the last 6 months, last 6 months, last 6 months, they will analyze they will analyze they will analyze your DSTI—this is your your DSTI—this is your your DSTI—this is your debt-to-income ratio. This debt-to-income ratio. This debt-to-income ratio. This ratio ratio ratio should not exceed should not exceed should not exceed 40% of your net 40% of your net 40% of your net salary. Let me salary. Let me salary. Let me give you an example. If give you an example. If give you an example. If a person earns a person earns a person earns €10,000 net salary €10,000 net salary €10,000 net salary per month, their DSTI per month, their DSTI per month, their DSTI is €4,000. This is €4,000. This is €4,000. This could be a mortgage in could be a mortgage in could be a mortgage in the US for 2,000 per month the US for 2,000 per month the US for 2,000 per month or a mortgage in Spain or a mortgage in Spain or a mortgage in Spain for 2,000 per month. This for 2,000 per month. This for 2,000 per month. This is 40%DSTI. If a couple is 40%DSTI. If a couple is 40%DSTI. If a couple earns 20,000 net earns 20,000 net earns 20,000 net income per month, the DSTI income per month, the DSTI income per month, the DSTI is 8,000, or 40 is 8,000, or 40 %. So, 8,000—that could %. So, 8,000—that could %. So, 8,000—that could be a mortgage for 4,000 in be a mortgage for 4,000 in be a mortgage for 4,000 in the US and two mortgages in the US and two mortgages in the US and two mortgages in Spain for 2,000 each per Spain for 2,000 each per Spain for 2,000 each per month. Of course?

month. Of course? month. Of course? So, it's always this 40%DSTI. So, it's always this 40%DSTI. So, it's always this 40%DSTI. Some banks, depending Some banks, depending Some banks, depending on your profile, on your profile, on your profile, may go a little may go a little may go a little further, a little more than further, a little more than further, a little more than that. But don't take that. But don't take that. But don't take it for granted. it for granted. it for granted. Check Check Check it with us first. Choose it with us first. Choose it with us first. Choose banks before banks before banks before signing anything or signing anything or signing anything or making any making any making any payments. payments. payments. Of course. So, does Of course. So, does Of course. So, does this make this make this make things more difficult for those who are things more difficult for those who are things more difficult for those who are perhaps retired perhaps retired perhaps retired or near-retired, or near-retired, or near-retired, self-employed, or self-employed, or self-employed, or business owners? business owners? business owners? Can they still Can they still Can they still get get get funding, or is it funding, or is it funding, or is it somehow difficult? somehow difficult? somehow difficult? Yes, of course they can, Yes, of course they can, Yes, of course they can, Kaylee. It's just that the way Kaylee. It's just that the way Kaylee. It's just that the way you submit documents you submit documents you submit documents to banks is slightly to banks is slightly to banks is slightly different. For different. For different. For an employee an employee an employee or retiree, we or retiree, we or retiree, we will provide W-2 forms will provide W-2 forms , pay slips , pay slips , unemployment verification letter, , unemployment verification letter, , unemployment verification letter, or or or retirement letter. And for a retirement letter. And for a retirement letter. And for a self-employed person self-employed person self-employed person or business owner, or business owner, or business owner, it's important to show it's important to show it's important to show exactly what personal exactly what personal exactly what personal income they receive income they receive income they receive from their clients from their clients from their clients or a company, or a company, or a company, such as an LLC or such as an LLC or such as an LLC or S corporation. So, S corporation. So, S corporation. So, company income company income company income is not automatically is not automatically is not automatically income available income available income available to you. What matters is to you. What matters is to you. What matters is how much the company how much the company how much the company pays you pays you pays you each month or each month or each month or quarter into your quarter into your quarter into your personal bank personal bank personal bank accounts through accounts through accounts through distributions, distributions, distributions, wages or dividends, wages or dividends, wages or dividends, etc.

etc. etc. Of course. So, it is Of course. So, it is Of course. So, it is important to have important to have important to have confirmation of this confirmation of this confirmation of this before you before you before you apply. apply. apply. That's right. That's right. That's right. Good. You gave us Good. You gave us Good. You gave us some documents, like some documents, like W-2s, etc. What other W-2s, etc. What other W-2s, etc. What other documents should documents should documents should people know they will people know they will people know they will need to submit? need to submit? need to submit? Well, as we Well, as we Well, as we mentioned, tax mentioned, tax mentioned, tax returns for the returns for the returns for the last three years. In last three years. In last three years. In the US, Form 1040 is the the US, Form 1040 is the the US, Form 1040 is the primary document, primary document, primary document, as well as the W-2 where as well as the W-2 where as well as the W-2 where applicable. In England, applicable. In England, applicable. In England, this is the P60 or self-assessment of this is the P60 or self-assessment of this is the P60 or self-assessment of income. But in income. But in any country, it will be any country, it will be any country, it will be tax returns tax returns tax returns for the last three years for the last three years for the last three years so that the bank can so that the bank can so that the bank can verify the annual verify the annual verify the annual gross income. In gross income. In gross income. In addition, pay addition, pay addition, pay slips and bank slips and bank slips and bank statements for the last statements for the last statements for the last three to six months. three to six months. three to six months. Three months if you are Three months if you are Three months if you are an employee an employee an employee or retiree, six or retiree, six or retiree, six months if you are months if you are months if you are self-employed self-employed self-employed or a business owner. or a business owner. or a business owner. Updated and complete Updated and complete Updated and complete credit credit credit history and Equifax report. history and Equifax report. history and Equifax report. Good. Good. Good. A letter of confirmation A letter of confirmation A letter of confirmation of employment, which of employment, which of employment, which can be obtained from the can be obtained from the can be obtained from the human resources department or from the human resources department or from the human resources department or from the director. As well as director. As well as director. As well as savings accounts and savings accounts and savings accounts and investment statements investment statements investment statements showing showing showing at least 40% for the at least 40% for the at least 40% for the initial deposit. initial deposit. initial deposit. Of course, the more the Of course, the more the Of course, the more the better, better, better, so to speak. But at least 40% so to speak. But at least 40% for down for down for down payment and taxes.

payment and taxes. payment and taxes. I think in everything in I think in everything in I think in everything in life: the more, the life: the more, the life: the more, the better. It always better. It always better. It always looks good when it looks good when it looks good when it comes to money, comes to money, comes to money, right? right? right? Yes, because some people think Yes, because some people think Yes, because some people think that if you show that if you show that if you show the bank more the bank more the bank more savings, they will savings, they will savings, they will give you less. But it's the give you less. But it's the give you less. But it's the opposite. opposite. opposite. Rightly. Rightly. Rightly. Of course. Of course. Of course. The more you The more you The more you show, the more the show, the more the show, the more the bank can bank can bank can offer. offer. offer. That's good to know. That's good to know. That's good to know. Maybe they see Maybe they see Maybe they see some stability and stuff some stability and stuff some stability and stuff . . . That's right. That's right. That's right. Okay. OK. Well, we Okay. OK. Well, we Okay. OK. Well, we already talked about this already talked about this already talked about this when we discussed when we discussed when we discussed mortgages in Portugal. mortgages in Portugal. mortgages in Portugal. And that's always what I And that's always what I And that's always what I think think think Americans think about: Americans think about: Americans think about: fixed or variable fixed or variable fixed or variable rate. Because in Europe, I rate. Because in Europe, I rate. Because in Europe, I think variable rates are think variable rates are think variable rates are quite common. But quite common. But quite common. But in the US, we in the US, we in the US, we lean more towards a lean more towards a lean more towards a fixed rate. fixed rate. fixed rate. That is, we know what That is, we know what That is, we know what to expect. So to expect. So to expect. So tell us about tell us about tell us about Spain, do they have Spain, do they have Spain, do they have fixed rates? fixed rates? fixed rates? Banks in Spain Banks in Spain Banks in Spain offer three types of offer three types of offer three types of rates. These are fixed rates. These are fixed rates. These are fixed rate, variable rate rate, variable rate rate, variable rate and mixed rate. A and mixed rate. A and mixed rate. A fixed rate is a fixed rate is a fixed rate is a rate that we all rate that we all rate that we all know. That is, know. That is, know. That is, the rate is fixed for the the rate is fixed for the the rate is fixed for the entire term of the loan. entire term of the loan. entire term of the loan. So, for 20 or 30 years, So, for 20 or 30 years, So, for 20 or 30 years, it's definitely the it's definitely the it's definitely the safest safest safest option, but option, but option, but the most expensive, and also the most expensive, and also the most expensive, and also expensive to expensive to expensive to repay early, because you typically repay early, because you typically pay 2% for each pay 2% for each amortization during the fixed rate term. That is, it is amortization during the fixed rate term. That is, it is amortization during the fixed rate term. That is, it is 200 euros for every 10,000 200 euros for every 10,000 200 euros for every 10,000 euros you euros you euros you depreciate.

depreciate. depreciate. Okay. Okay. Okay. The variable rate is, The variable rate is, The variable rate is, of course, the cheapest, of course, the cheapest, of course, the cheapest, but it is the most but it is the most but it is the most unstable. So you unstable. So you unstable. So you never know never know never know how much you will how much you will how much you will pay from year to year. pay from year to year. pay from year to year. Your payment will be Your payment will be Your payment will be reviewed every 3 reviewed every 3 , 6 months, or annually, , 6 months, or annually, , 6 months, or annually, depending on the index. depending on the index. depending on the index. And it will be And it will be And it will be recalculated recalculated recalculated according to Euribor, according to Euribor, according to Euribor, similar to the Libor rate similar to the Libor rate similar to the Libor rate in England or the in England or the in England or the federal funds rate in the federal funds rate in the federal funds rate in the US. US. US. Mhm. Mhm. Mhm. And finally, we have a And finally, we have a And finally, we have a mixed bet. This is an mixed bet. This is an mixed bet. This is an interesting structure where interesting structure where interesting structure where you can have you can have you can have fixed rate blocks. You fixed rate blocks. You fixed rate blocks. You can start with a block of can start with a block of can start with a block of two, three, or five two, three, or five two, three, or five years. And after that years. And after that years. And after that you switch to a you switch to a you switch to a variable rate. Then variable rate. Then variable rate. Then you can stay you can stay you can stay on a variable rate on a variable rate on a variable rate if you wish. You if you wish. You if you wish. You can can can repay early with a lower repay early with a lower repay early with a lower penalty as it is penalty as it is penalty as it is 0.5%. That is, 50 0.5%. That is, 50 0.5%. That is, 50 euros for every 10,000 euros for every 10,000 euros for every 10,000 depreciated. Or you depreciated. Or you depreciated. Or you can can can fix the rate again, fix the rate again, fix the rate again, refinance for a refinance for a refinance for a different term. different term. different term. Okay. Okay, so there are Okay. Okay, so there are Okay. Okay, so there are options. Is options. Is options. Is mixed betting common here mixed betting common here mixed betting common here ? ? ? This is very common, This is very common, This is very common, extremely common extremely common . . . Another thing that I Another thing that I Another thing that I think is also talked about with think is also talked about with think is also talked about with mortgages is mortgages is mortgages is life insurance.

life insurance. life insurance. Is this mandatory for Is this mandatory for Is this mandatory for Spain? Spain? Spain? Life insurance Life insurance Life insurance is not mandatory, but is not mandatory, but is not mandatory, but some banks may some banks may some banks may require it require it require it depending on your depending on your depending on your profile. That's why you profile. That's why you profile. That's why you compare compare compare bank offers and bank offers and bank offers and see what exactly see what exactly see what exactly they offer. And they offer. And they offer. And some banks may some banks may some banks may provide a discount on your provide a discount on your provide a discount on your rate if you rate if you rate if you purchase purchase purchase life insurance. life insurance. life insurance. Home insurance is Home insurance is Home insurance is mandatory, but mandatory, but mandatory, but it is important to it is important to it is important to protect your protect your protect your asset and also gives you a asset and also gives you a asset and also gives you a discount on your rate. discount on your rate. discount on your rate. Our job is to tell Our job is to tell Our job is to tell the client what is really the client what is really the client what is really needed and what is needed and what is needed and what is optional, and optional, and optional, and simply provide a discount simply provide a discount simply provide a discount on the rate. Do on the rate. Do on the rate. Do you recommend you recommend you recommend searching and searching and searching and finding finding finding a property first or a property first or a property first or talking to talking to talking to you first? you first? you first? Great question, Great question, Great question, Kaylee. First, Kaylee. First, Kaylee. First, contact us contact us contact us so we can check so we can check so we can check the banks and obtain the banks and obtain the banks and obtain your letters of intent your letters of intent . With such . With such . With such letters in hand, you will know letters in hand, you will know letters in hand, you will know your down your down your down payment, interest payment, interest payment, interest rates, monthly rates, monthly rates, monthly payment, and check for payment, and check for payment, and check for possible problems with the possible problems with the possible problems with the documents. And then with documents. And then with documents. And then with these letters, you these letters, you these letters, you can start can start can start looking for properties looking for properties looking for properties with a realistic with a realistic with a realistic idea of ​​what idea of ​​what idea of ​​what you can finance. you can finance. you can finance. So, first So, first So, first check your check your check your financial financial financial capacity and then capacity and then capacity and then confirm whether the confirm whether the confirm whether the property meets property meets property meets the requirements. the requirements. the requirements. And what caveats And what caveats And what caveats should a buyer be aware of should a buyer be aware of should a buyer be aware of when it comes to when it comes to when it comes to things like deposits or things like deposits or things like deposits or signing a signing a signing a real estate contract?

real estate contract? real estate contract? Important question, Important question, Important question, Kaylee. Signing a Kaylee. Signing a Kaylee. Signing a preliminary preliminary preliminary contract creates contract creates contract creates an obligation to an obligation to an obligation to the seller and may the seller and may the seller and may put your put your put your deposit at risk deposit at risk deposit at risk depending on the terms. depending on the terms. depending on the terms. Of course. Of course. Of course. Therefore, we recommend that you have Therefore, we recommend that you have Therefore, we recommend that you have your contract your contract your contract reviewed by a Spanish reviewed by a Spanish reviewed by a Spanish lawyer before lawyer before lawyer before doing anything, signing anything, doing anything, signing anything, doing anything, signing anything, or paying anything. or paying anything. or paying anything. And what happens And what happens And what happens after approval? after approval? after approval? Can all this be done Can all this be done Can all this be done remotely, or will you remotely, or will you remotely, or will you have to have to have to travel to travel to travel to Spain if the person Spain if the person Spain if the person doesn't live there? doesn't live there? doesn't live there? Yes, Kaylee. This is an important Yes, Kaylee. This is an important Yes, Kaylee. This is an important question. Similar to question. Similar to question. Similar to Portugal, you can Portugal, you can Portugal, you can hire a lawyer to hire a lawyer to hire a lawyer to represent you in represent you in represent you in Spain throughout the Spain throughout the Spain throughout the process. A lawyer process. A lawyer process. A lawyer can start by can start by can start by getting your NIE, getting your NIE, getting your NIE, i.e. Spanish i.e. Spanish i.e. Spanish tax number, and tax number, and tax number, and then open then open then open an account with the bank of an account with the bank of an account with the bank of your choice that your choice that your choice that offers the best offers the best offers the best mortgage terms. mortgage terms. mortgage terms. Mm. Mm. Mm. Then help with Then help with Then help with the documents, the documents, the documents, negotiate negotiate negotiate protective conditions with protective conditions with protective conditions with the seller. When the seller. When the seller. When the time comes, a lawyer the time comes, a lawyer the time comes, a lawyer can sign the deed can sign the deed can sign the deed on your behalf under on your behalf under on your behalf under a power of attorney, a power of attorney, a power of attorney, pay all taxes, pay all taxes, pay all taxes, and even after and even after and even after signing, some signing, some signing, some lawyers in Spain lawyers in Spain lawyers in Spain will help with will help with utilities like utilities like electricity, water, electricity, water, electricity, water, alarm systems, etc.

alarm systems, etc. alarm systems, etc. OK. Of course. OK. Of course. OK. Of course. So, signing So, signing So, signing a power of attorney is what a power of attorney is what a power of attorney is what you'll have to you'll have to you'll have to do to do to do to allow them to do all of this allow them to do all of this allow them to do all of this . . . That's right. That's right. That's right. That's right. That's right. That's right. OK. What are the benefits, OK. What are the benefits, OK. What are the benefits, or the best or the best or the best benefits, of working with benefits, of working with benefits, of working with you as a mortgage you as a mortgage you as a mortgage broker? broker? The value of our The value of our work, Katie, work, Katie, work, Katie, lies in the ability lies in the ability lies in the ability to prepare a strong to prepare a strong to prepare a strong application for application for application for M-m. M-m. M-m. and submit it to the banks. and submit it to the banks. and submit it to the banks. Of course? Because we Of course? Because we Of course? Because we have many years of have many years of have many years of experience. We know experience. We know experience. We know what banks expect, what banks expect, what banks expect, so this is so this is so this is critical to the critical to the critical to the likelihood of likelihood of likelihood of approval. In addition, approval. In addition, approval. In addition, we know the best we know the best we know the best banks that are friendly to banks that are friendly to banks that are friendly to residents and residents and residents and non-residents. This is non-residents. This is non-residents. This is also important. And also important. And also important. And also in every also in every also in every institution, in every institution, in every institution, in every financial institution, the financial institution, the financial institution, the best managers best managers who will help you. who will help you. who will help you. Okay. Okay. Okay. Having a good Having a good Having a good manager at the bank is manager at the bank is manager at the bank is very important because very important because very important because the manager will defend the manager will defend the manager will defend your process, your your process, your your process, your application in the application in the bank's risk department. bank's risk department. Mhm. Mhm. Mhm. Of course? So this is Of course? So this is Of course? So this is also critically also critically also critically important. important. important. Yes, that sounds Yes, that sounds Yes, that sounds really important. really important. really important. Instead of Instead of Instead of just going into a bank and just going into a bank and just going into a bank and learning about learning about learning about a mortgage without knowing a mortgage without knowing a mortgage without knowing who the manager is and who who the manager is and who who the manager is and who can help, you can help, you can help, you are provided with the best are provided with the best are provided with the best specialists, especially specialists, especially specialists, especially if you are a non-resident, if you are a non-resident, if you are a non-resident, who will be able to help you choose a who will be able to help you choose a who will be able to help you choose a mortgage and favorable mortgage and favorable mortgage and favorable rates.

rates. rates. That's right, that's right. That's right, that's right. That's right, that's right. OK. So, what advice would OK. So, what advice would OK. So, what advice would you give to someone you give to someone you give to someone looking to buy looking to buy looking to buy property in property in property in Spain? Spain? Spain? My advice is very My advice is very My advice is very simple. If you simple. If you simple. If you are planning to buy a are planning to buy a are planning to buy a property in property in property in Spain within the Spain within the Spain within the next one or next one or two years for two years for two years for current or current or current or future residence, or future residence, or future residence, or for short-term for short-term for short-term or long-term or long-term or long-term rental—first rental—first rental—first contact us, contact us, contact us, find out find out find out the offers of banks, the offers of banks, the offers of banks, obtain obtain obtain letters of guarantee and understand letters of guarantee and understand letters of guarantee and understand your situation. You your situation. You your situation. You book a book a book a free free free consultation with me. I consultation with me. I consultation with me. I will explain all the details to you will explain all the details to you , calculate all the , calculate all the design costs, and show you design costs, and show you all the scenarios. This all the scenarios. This all the scenarios. This way, you will know way, you will know way, you will know everything you need to know before everything you need to know before everything you need to know before investing in the investing in the investing in the country. Do this country. Do this country. Do this before you sign before you sign before you sign any contract or any contract or any contract or make any make any make any payment. payment. payment. Okay. Okay. Okay. Of course? Spain is a Of course? Spain is a wonderful country. She wonderful country. She wonderful country. She is experiencing an is experiencing an is experiencing an incredible moment. incredible moment. incredible moment. You know that. You and You know that. You and You know that. You and Josh know this. So, Josh know this. So, Josh know this. So, banks are ready to banks are ready to banks are ready to lend, and the lend, and the lend, and the interest rates are interest rates are interest rates are excellent. So this is an excellent. So this is an excellent. So this is an opportunity opportunity opportunity worth taking advantage of. worth taking advantage of. worth taking advantage of. Perfectly. Thank you, Perfectly. Thank you, Perfectly. Thank you, Rafael. And if you Rafael. And if you Rafael. And if you want to contact want to contact want to contact Rafael, be sure to Rafael, be sure to email me. email me. It is in the description below. And It is in the description below. And It is in the description below. And if you don't know where if you don't know where if you don't know where to live in Spain, to live in Spain, to live in Spain, watch this video, watch this video, watch this video, it will help you. it will help you. it will help you. Now let's move on.