Thinking about buying property in Spain? Whether you're eyeing a sunny second home or a smart investment, navigating Spain’s mortgage and property systems can be tricky—especially for non-residents.In this video, mortgage expert Mike Brady from FCG Mortgage Consultants breaks down everything you need to know, including:✅ Mortgage options for international buyers✅ Loan-to-value limits based on your residency✅ What documents you’ll need to apply✅ Financing off-plan properties✅ Unique options like reverse mortgages and bare ownershipDon't let the paperwork and regulations overwhelm you. Learn how to buy your dream home in Spain with confidence.Timestamps:[00:00:03]: Introduction to Nusun Network and Mike from FCG[00:00:16]: Mike Brady's Background and Role at FCG[00:00:30]: Mortgage Advice for Expats on Costa Del Sol[00:00:42]: Mike's Background in England, Peru, and Spain[00:00:52]: Living in Rincon de la Victoria vs Marbella[00:01:27]: International Mortgages for Real Estate Buyers[00:01:48]: The Mortgage Application Process for Expats[00:02:20]: Importance of Hiring a Mortgage Advisor[00:02:51]: Spanish Banks' Requirements and Legislation[00:03:31]: Planning Ahead for Financial Pre-approval[00:04:09]: Preparing Documentation for Mortgage Applications[00:04:42]: Tailoring the Process for Entrepreneurs[00:06:00]: Common Situations for Business Owners[00:06:37]: Spanish Banks' Financial Assessment Criteria[00:07:17]: Advice for Contractors and Business Owners[00:08:26]: Banks' Willingness to Lend to Overseas Buyers[00:09:08]: Working with Flexible Spanish Banks[00:10:00]: Interest Rates and Loan-to-Value Ratios[00:11:11]: Variations in Interest Rates by Residency[00:12:08]: Loan-to-Value Differences for International Buyers[00:13:04]: Interest from US Buyers Due to Lower Rates[00:13:17]: Nationwide Mortgage Services in Spain[00:13:48]: Mike's Partner Alberto Bertazzi's Network[00:14:20]: Benefits of Working with a Mortgage Broker[00:15:15]: Discounts on Mortgage Rates with Bank Products[00:16:03]: Understanding Mortgage Terms and Rates[00:17:07]: Fixed vs. Variable Rate Mortgages[00:17:50]: Limited Interest-Only Mortgage Options[00:18:41]: Alternative Financing Routes for Difficult Cases[00:19:59]: Equity Release Options and Limitations[00:21:10]: Using UK Property Equity for Spanish Purchases[00:22:29]: Reverse Mortgages and BareOwnership[00:23:03]: Benefits of Reverse Mortgages for Retirees[00:24:04]: Bare Ownership Agreements Explained[00:25:19]: Variations in Bare Ownership Agreements[00:26:04]: Growing Interest in Reverse Mortgages[00:27:04]: Age Considerations in Mortgage Applications[00:28:02]: Age Limits and Guarantor Requirements[00:29:13]: Changing Demographics in Mortgage Applications[00:30:02]: Interest from US and Northern Europe[00:30:16]: Interest from UAE Buyers in Spanish Mortgages[00:31:04]: Mortgage Processes for Off-Plan Properties[00:32:07]: Importance of Traceable Funds for Deposits[00:33:23]: Pre-approval for Off-Plan Property Mortgages[00:34:38]: Risks and Benefits of Off-Plan Purchases[00:36:22]: Mortgage Application Process for New Builds[00:37:06]: Navigating Complex Mortgage Processes🔔 Subscribe for more international real estate tipsNuSun RealtyNuSun Network

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