The granting of mortgages is an important and complex process that involves obtaining financing for the purchase of a property.

Before granting a mortgage, Financial institutions evaluate various factors and establish requirements to ensure that the borrower has the ability to repay the loan.

Next, present the common requirements to get a mortgage and how “The Real Estate Xerea” puede ayudarte a obtener una hipoteca con condiciones favorables.

Financial stability and ability to pay: To apply for a mortgage, demonstrable financial stability is essential. Financial institutions will evaluate your income, employment history and ability to pay to determine if you can make the financial commitment of the mortgage.

Have a stable job, regular income and a strong credit history Your chances of getting a mortgage will increase..

“The Real Estate Xerea” puede ayudarte a evaluar tu situación financiera y a preparar la documentación necesaria para demostrar tu capacidad de pago. Our team of mortgage experts will guide you through the process and provide advice to optimize your chances of obtaining a mortgage with favorable conditions..

Savings and ability to pay down: In most cases, A down payment or amount of money saved is required to apply for a mortgage. This down payment typically represents a percentage of the property's total value.. The greater your initial payment capacity, the better your position will be to get a mortgage and get better conditions.
“The Real Estate Xerea” puede ayudarte a evaluar tus opciones y buscar propiedades que se ajusten a tu capacidad de pago inicial. Besides, we can advise you on the different financing options available and special programs that could help you obtain a mortgage with a lower down payment.

Credit history and debt: Your credit history is a key factor that financial institutions take into account when granting a mortgage. A good credit history, with punctual payments and manageable debts, demonstrate financial responsibility and increase your chances of obtaining a favorable mortgage.

property value: Financial institutions also evaluate the value of the property you want to buy. They carry out an appraisal to determine its real value and ensure that the amount requested in the mortgage is proportional to the value of the property.