Video explanation - Documentation
When applying for a mortgage in Spain, you will need to provide a list of documents, below is a list and a video explanation.
Mortgage documents explained
We deal with 40+ Spanish banks. This video will explain what documents most of the lenders in Spain will require.
Every situation is different though, so speak to an advisor to find
List of documents required
Below you can see a list of the documents required based on being a resident or non-resident of Spain, regardless every situation is different but these are the minimum requirements.
Non-Resident Mortgages
If you are a resident of a country other than Spain, then you can generally borrow up to 70% of the value of the property.
List of documents required to begin to apply for a mortgage in Spain.
- Copy of your Passport / NIE
- Most recent tax declaration / P60
- Last 3 payslips
- Bank statement showing last 6 months movements
- Details of properties you own including any potential rental income
- An Experian credit report (UK Residents)
UAE Residents
Additionally, for anybody living in the UAE, you will need to provide a certificate from your bank in place of a tax declaration.
If employed in the UAE you will need to provide a certificate of earnings.
Spanish Residents
If you are a resident of Spain, then you can borrow up to 80% of the value of the property. Sometimes higher, but as a
Below is a list of the documents you will need to provide in order to apply for a mortgage as a resident.
- Passport / NIE
- Declaration de
renta - Last three payslips
- Bank statement showing last 6 months movements
- Details of other properties you own including any potential rental income