Spanish Mortgage - Types of available Mortgage Finance
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100% MORTGAGES FOR RESIDENTS PURCHASE OR REFINANCE
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REPAYMENT MORTGAGE 80% (Capital & Interest)
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· Up to 80% of the value of the property.
· Up to 5 years interest only.
· Rates from 4.2%.
· Maximum term 35 years.
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*REPAYMENT MORTGAGE 70% ( Capital & Interest)
· Up to 70% of the value of the property.
· First 15 years as interest only as option.
· Rates from 4.1%.
· Maximum term 40 years.
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INTEREST-ONLY MORTGAGE
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· 40 years interest only facility up to 70% value of the property.
· Rates from 4.1%.
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Self Certificate Mortgages
· 60% value of the property.
· 30 years terms available.
· No age limit.
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EQUITY RELEASE MORTGAGE
· Up to 60% of the value of the property, including interest only facility.
· Maximum term 40 years.
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OFF PLAN MORTGAGES
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· Up to 50% of the final purchase price of the Spanish property.
· Up to 2 years-interest only.
· Rates from 5%.
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BUILDING MORTGAGE
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· Up to 80% of the project price.
· Release 50% of the land price.
· Rates from 4%.
BRIDGING MORTGAGES
· Own a Spanish property and want to purchase a new one?
· 3 years to sell your own property.
· Bridging mortgage up to 100% of the purchase price.
· Interest only available
The information contained herein has been provided by Spanish Mortgage Services S.L. For further questions please e-mail .
Spanish Mortgage Services S.L. are an Independent Mortgage Broker and have provided the information with the Mortgage- Guide section.
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