Formalization of a Spanish mortgage VYM Canarias – Your mortgage partner Looking for a mortgage on your new home in Tenerife, not sure where to start, which bank is offering the best deals, cannot speak the language, then come and speak to the experts. We know that obtaining a mortgage in your own country is a daunting affair let alone in a foreign country. So we at Vym Canarias, having built an excellent relationship with some of Spain’s leading banks will offer its services to assist you throughout this process, We work closely with the following banks. BBVA Sabadell Popular Banca March Caja mar Ing LaCaixa Interest rate: from 1.5% in euros for Spanish tax residents. From 2-2.5% for non-residents of Spain. Ability to choose a fixed or variable loan rate Your own Spanish speaking personal manager who will assist you in every aspect of your mortgage preparation Deposits from 20% on bank owned properties Deposits from 30% on primary and secondary properties Crediting up to 80-100% for tax residents of Spain Loan term: up to 30 years Deadline for consideration of the application: 2 – 4 weeks Your personal manager will always be on hand to deal with any unforeseen issues even after the mortgage has been agreed. Let Vym Canarias take away all your mortgage worries.