What do you need to ask for a mortgage?
From Agenthia we want to explain to you what are the main conditions to take into account when taking the step.
The most important is the monthly income, since they are the basis of any bank to approve or deny a mortgage, since the bank will take into account your economic position to ensure that you can return the instalments without problem.
Right now, banks do not finance 100% of a mortgage, but they do grant a large part if they have savings to assume the remaining percentage.
In addition, we cannot have indebtedness at the time of requesting financing, in the event that there is a default, someone would have to make us a guarantee, and would be responsible for the monthly payments or debts.
Regarding the documentation you need is the NIF or NIE, the working life, and the income tax return. Also, the bank statement and property deeds. And regarding receipts, those paid for loans and rental contracts and the latest receipts for the current home. Above all, all this documentation has to be updated and up to date.
In Agenthia we recommend that you consult a professional if you have doubts, and remind you that we are at your disposal to help you with all mortgage processes.
