Mortgages for People Under 35
Mortgages for Young People
Better Mortgage Conditions for Young People
The Advantages of Applying for a Mortgage When You’re Under 35Your Home is Closer Than You Think
Despite the challenges young people face when buying a home in Spain, the reality is that buying a home is much more profitable than renting, as banks offer many advantages to help you access a mortgage if you are under 35.
Most financial institutions have specific mortgage products for young people, and furthermore, in Spain and the Balearic Islands, there are programs and lines of credit aimed at facilitating the purchase of a first home for young people.
Some of the advantages are:
Most financial institutions have specific mortgage products for young people, and furthermore, in Spain and the Balearic Islands, there are programs and lines of credit aimed at facilitating the purchase of a first home for young people.
Some of the advantages are:
Better interest ratesLonger repayment termsPossibility of financing up to 90%Subsidies and government programsAid such as ICO guaranteesPossible tax breaksAt AvalTeca, we help with the entire process so you can get the best possible mortgage conditions.
If your goal is to buy a house with your partner, you will have even more opportunities to access a mortgage, as you will have greater economic capacity, more security, and can access a better home with more attractive mortgage conditions.
How We Work at AvalTecaOur Method Combines Approachability, Security, and Precision
Free Assessment
Free, no-obligation assessment of your financial situation
Presentation of Offers
Presentation of offers from several institutions in Mallorca and the Balearic Islands
Comparison
Detailed comparison with clear explanations
Negotiation
Personalized negotiation to improve conditions
Always with You
Support until the signing of the mortgage
Your opinion is the most important thing
Customer Testimonials
We were fortunate to have Jordi as our mortgage broker, and we could not be more satisfied. From the first moment he offered us a close, clear and professional treatment. He accompanied us throughout the mortgage process, resolving every doubt quickly and efficiently, and today we have been able to complete the purchase of our home thanks to his excellent work. Totally recommended!
Francisco José Copete García
A very good experience with the personalized treatment that Jordi has towards his clients, you immediately gain confidence with him, as if he were your trusted friend. Thank you very much Finance Luxe Group for getting me and my wife the house we wanted. I recommend it 100%.
Marc Manrique
We went to ask for information because we wanted to build our house with a mortgage. They have guided me in both the mortgage and the appraisal. Totally recommended, especially a special thanks to Jordi.
RT Abogados y Asociados
I want to thank all the advice I received to acquire my first house. From the first communication, Jordi was fully aware of every detail, resolving all my doubts and accompanying me in the process. In less than 29 days he managed my mortgage with the best possible conditions. The most important thing is that he showed me great responsibility, commitment and professionalism. Do not hesitate to consult him. People like Jordi are much needed in our society.
Alicia Franco
Thanks to their services we were able to have the mortgage at 90% with an interest rate of 2.25. Great professionalism and very attentive at all stages.
Rafa Morales Alguacil
Frequently Asked Questions (FAQs)
If this FAQ section doesn’t answer your questions, don’t hesitate to contact us.
What advantages do young people have when applying for a mortgage?
In some cases, banks offer special conditions or a higher financing percentage, especially for a first home.
Is it necessary to have guarantors?
Not always, but in many cases, young people need them to strengthen their risk profile.
Can I apply for a mortgage with my partner even if we are not married?
Yes, you can apply jointly as long as you both meet the financial requirements.