Mortgage Pre Approval

Mortgage options through Avocado have several advantages.

• We will compare rates from various banks to find the very best options for your purchase.
• We offer a pre-approve mortgage service that won’t affect your credit rating.
• We work with all the main banks in Spain, Caixa Bank, Sabadell, Santander, Unicaja and BankInter.

Just complete the enquiry form and the bank representative will contact you to discuss your options.

Fixed Rate vs Variable Rate:

Interest rates with a variable rate mortgage are usually less that with a fixed rate, however these could increase without any warning and are based on the Euribor or base rate applied.

Fixed Rate:

A fixed rate will allow you to budget and although the interest is slightly higher your payments will be fixed for a period or until the end of your mortgage.

Variable:

There are risks with a variable rate mortgage as although they are based on the Euribor base rate, this is reviewed every 12 months and could change considerably.

Loan to Value:

Generally, the loan to value is 70% for non-residents, this can vary and there are some banks that still offer 100% on bank repossessions.

At Avocado our job is to find the very best option for our clients, to find your best option Just complete the enquiry form and we will contact you to discuss your options.