For expats who have been in Spain for a relatively short amount of time and do not have the necessary credit or work history, it can be very difficult to get a mortgage.
www.thespanishmortgagelender.com claims to be able to arrange a mortgage with no need for documents or proof of income. It is likely to be a higher interest rate than a regular mortgage and you will need to pay them an arrangement fee which I am usually against. However, if you have exhausted all other avenues with no success, it may be worth investigating.
BEWARE: Do not overstretch yourself. If you can not keep up with the payments, not only will you risk losing the house, you will also damage your credit rating.
www.thespanishmortgagelender.com
Labels: mortgages
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