17 Apr 2007 10:52 AM:
Hello everybody!
First of all, I'm new here so a big Hello to everybody (or Hola if you prefer).
There DO exist true self-cert mortgages for non-residents in Spain. The setting is: 60% Loan-to-value, no income proof, 30 years term, interest only for the whole life of the mortgage. It's quite new and even established mortgage-brokers sometimes don't know about it. They are slightly more expensive than normal mortgages, rates start from 5.5% but a true option for people with a hard time proving their income.
If you need more information, send me a private message.
Regards,
Annette
The Banking-Lady
Thread:
Self Cert Mortgages
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