Since 2004 WeCare Mortgages advises and assists foreign buyers with obtaining a mortgage in Spain. Their team is growing continuously with all the developments in the market. They are up to date with all current rules, regulations and possibilities offered by the Spanish Government and banks.

The name WeCare Mortgages says exactly what they do: they care about their customer finding a suitable mortgage. During a period of 4 to 8 weeks they have intense personal contact throughout the whole procedure, until the moment of signing at the notary. The new home owner can enjoy his or her dream home without any worries. And of course always contact them if there are any questions or when circumstances have changed!

Martin and his team at WeCare Mortgages work with a highly experienced team of professional mortgage advisors. Many years of experience combined with staying up-to-date with the latest developments in mortgages, allows them to offer you the best customized service.

New Spanish mortgage law
On 15/06/2019 the new Spanish mortgage law LCCI entered into force. It is intended for consumer protection and guarantees, among other things, professional competence, financial security and clear and appropriate financial advice. Only mortgage advisors who are admitted to the register of the Central Spanish Bank and are certified, such as Martin Faessen of WeCare Mortgages, may operate as such. 

Financial benefits of taking out a Spanish mortgage
Even though you don´t need a mortgage, it may be fiscally beneficial to take out a mortgage anyway. The interest rates are very low at the moment and – very important to know- once you have purchased your Spanish property you cannot establish a mortgage in a later stage! You need to decide on taking out a mortgage at the moment of purchase. 

Mortgage advice Spain – Get informed on what you can borrow
The Mortgage Quick Scan provides information on your real possibilities for a mortgage in Spain: the maximum amount you can borrow, monthly payments, and terms. Within the Mortgage Quick Scan there are possibilities to vary with purchase prices, mortgage interest rates and terms.

You can find all information about the Mortgage Quick Scan on the website of WeCare Mortgages.

After completing the Mortgage Quick Scan, our partners at WeCare Mortgages will:

•             discuss your financial situation and the amount you wish to borrow

•             verify if the monthly instalments suit your situation

•             explain the mortgage offer

•             explain the related costs

•             review the action plan of the mortgage application

•             discuss the different strategies for a successful completion

This is also one of the greatest advantages of WeCare Mortgages: they shop for the best mortgage offer and translate the Spanish way of working to your understanding and expectations.

•             After you complete the Mortgage Quick scan, you will receive a pro forma quotation with the mortgage conditions like the mortgage interest rates, terms, monthly instalments, mortgage costs etc.

•             The “subject to financing” situation is addressed through calculating the maximum mortgage amount beforehand. We know the criteria that the Spanish banks use and are able to indicate the maximum mortgage accurately.

Martin and his team at WeCare Mortgages operate as a real partner with you in all aspects and processes of the application in order to get the best possible mortgage quote. WeCare Mortgages assists you throughout the entire mortgage process. It is clear and a lot easier!