Spanish Mortgages for US Citizens
Get expert-approved financing up to 70% and move into your Spanish property with transparent, hassle free guidance tailored for American buyers
“See how American families cut medical costs while gaining peace of mind.”
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30+ Years Experience
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Download FREE Complete Mortgage Guide to Buying in Spain
Are you Relocating, Retiring, or Investing?
Start with our free Spanish mortgage assessment:
2-minute tool. Personalized offers. No Credit impact.
The 3 Main Mortgage Hurdles for Americans
Gathering the right US and Spanish documentation
Navigating 70% LTV rules, rate choices, and euro transfers
Avoiding hidden fees, delays and missed legal requirements
Solve These Instantly
Property Guide
Your dream home in the sun. The best areas to live in Spain.
Visa Hub
Find the right visa and apply confidently for a smooth move to Spain.
Tax Deduction
Plan your finances, stay compliant, and save money with clear tax guidance.
Currency Exchange Planning
Discover world-class healthcare in Spain, at the fraction of the costs in the US
What You’ll Need (Don’t Worry - You Probably have most of it )
Spanish banks ask for more documentation that US lenders, but Its straightforward. We’ve broken this into what matters most and what’s nice to have
Critical (You Definitely Have These)
• Valid US passport
• Last 3 years of tax returns(1040s)
• 6 months of bank statements
• NIE (Spanish tax ID – we’ll help you get this)
Important (Most People Have This)
• Employment returns (proof of income)
• US credit reports (we’ll pull these for you)
• Proof of savings/investments
Required By Bank (They Order These)
• Property Valuation (Bank Pays)
• Property Insurance quotes(you’ll get these anyway)
• Energy Efficiency certificate(bank orders from sellers)
Nice to Have (Speeds Things Up)
• Mortgage pre-approval letter from another bank
• Professional property inspection
• Currency forward contract confirmation
Critical (You Definitely Have These)
• NIE (Spanish Tax ID) – don’t have it yet?• Do this FIRST, even before viewing properties
• Can be done through Spanish consulate in US (2-4 weeks)
• Or in person in Spain (1-2 weeks)
• Without it, you cannot move forward with any transaction
Mortgages at a Glance Table
Buyer Type (Situation) |
Max
Loan-to-Value |
Rate
Range |
Minimum
Required Income |
Process
Time |
|---|---|---|---|---|
|
US Relocation |
70% |
2.5-5.0% |
€2,000-€3,000/month |
6-10 weeks |
|
Retiree |
70% |
2.5-5.0% |
Pension/ Investment |
8-12 weeks (age-limited) |
|
Investor |
65%-70% |
2.8-4.6% |
€2,500+/month |
7-9 weeks |
|
Local Resident |
80% |
Best Available |
Spanish income |
3-5 weeks |
MEDIA
WATCH • LISTEN • READ
NATIVES
(video)
Learn more from real people, just like you & experts about moving to Spain.
Mortgages in Spain
Can Americans get mortgages in Spain?
DEEP DIVE
(podcasts)
5-15 minute conversations about Americans living in Spain.
Key Considerations
Tom & Ina talk through the details on the mortgage landscape.
SPAIN MADE SIMPLE
(blogs)
10-15 minute conversations about Americans living in Spain.
Is it Possible?
Yes. The mortgage system is competent and transparent.
THE EXPLAINER
(video)
10-15 minute videos answering your biggest Spain questions.
Mortgage Analysis
Over 100 leading sources, from banks, brokers & portals on mortgages in Spain.
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NATIVES-DEEP DIVE-SPAIN MADE SIMPLE-THE EXPLAINER
Watch • Listen • Read
Everything You Need to Know
Visa and Residency Options
All pathways explained in plain English
Buying and Property in Spain
Step-by-step guides written for Americans
Mortgages for US Citizens
How to secure Spanish financing from abroad
Schools and Education
American & International school options
Healthcare for
Expats
Public vs private: what Americans need to know
Cost of Living & Comparison
How much will Americans save by living in Spain?
Double Tax & Beckham’s Law
Will Beckhams’s law work for you? Paying tax in Spain?
Moving Step-by-
Step
Guiding you from an idea to living the life you want
Spain Mortgage Types & Costs
Mortgage Types
Variable Rate Mortgages
Euribor + 2.5–4.5% margin (reviewed annually)
Fixed Rates
3.0–5.0% for full term; ideal for risk-averse buyers or retirees
Hybrid Loans
Start fixed, then switch to variable for balance
Additional Cost & Fees
Arrangement fees
0.5-1%
Notary/legal
€1,000-6,000
Valuation fees
Varies
Stamp duty
1.2%
First year insurances
Required
Tip: Total closing cos typically range from 10-15% of the property value
Ready to Calculate Your Mortgage
User our load calculator for personalized cost breakdown tailore to you situation
Resources
Property Buying Guide
Step to close in Spain, regional tips and pitfalls to avoids.
Visa Hub
Understanding mortgages options by visa type and residency status
NIE/EIN Guidance
Early Preparation for legal compliance and loan approval.
Currency Transfer Advice
How to transfer large sums, avoid fees, and hedge rates.
Document Checklist Download
All required paperwork, apostille translations
Tax Deduction Guide
Interest deductible scenarios, US-Spain treaty coverage, Beckham Law intersetions
Insurance Guide
Required property, life and legal insurances for load approval
Loan Calculator Tool
Personal payments, amortization and total costs over time
Frequently Asked Questions
I work remotely for a US company can I get a Spanish Mortgage?
Yes, income stability matters most; rates 0.2-0.5% higher for non-residents.
I’m retired-will my pension and social security qualify as income
Yes, retirees qualify; loan term limited by age (typically ends by 75).
We’re thinking about retiring in Spain - will our pension and social security be enough?
Yes, Spanish banks look at full financial picture, not just credit score.
Can US citizens get Spanish mortgages?
Yes! Up to 70% LTV, documentation-heavy
What are total cash needed for a €300k property?
Yes. Americans can attend both US-curriculum and international schools in Spain without any special restrictions. Spain has many American schools offering a US K–12 curriculum, AP courses, and a smooth path back to US colleges. There are also international schools offering IB, British, and bilingual programs, which are popular among expat families.
Are the rates negotiable?
Yes. Americans can attend both US-curriculum and international schools in Spain without any special restrictions. Spain has many American schools offering a US K–12 curriculum, AP courses, and a smooth path back to US colleges. There are also international schools offering IB, British, and bilingual programs, which are popular among expat families.
Can retirees get approved?
Yes. Americans can attend both US-curriculum and international schools in Spain without any special restrictions. Spain has many American schools offering a US K–12 curriculum, AP courses, and a smooth path back to US colleges. There are also international schools offering IB, British, and bilingual programs, which are popular among expat families.
How should I transfer funds for the down payment?
Yes. Americans can attend both US-curriculum and international schools in Spain without any special restrictions. Spain has many American schools offering a US K–12 curriculum, AP courses, and a smooth path back to US colleges. There are also international schools offering IB, British, and bilingual programs, which are popular among expat families.
Which documents must be apostilled/ translated?
Yes. Americans can attend both US-curriculum and international schools in Spain without any special restrictions. Spain has many American schools offering a US K–12 curriculum, AP courses, and a smooth path back to US colleges. There are also international schools offering IB, British, and bilingual programs, which are popular among expat families.
Should I use a mortgage broker or go direct?
Yes. Americans can attend both US-curriculum and international schools in Spain without any special restrictions. Spain has many American schools offering a US K–12 curriculum, AP courses, and a smooth path back to US colleges. There are also international schools offering IB, British, and bilingual programs, which are popular among expat families.
Still Have Questions?
Not finding the answer you need? Our team is here to guide you with visa, tax, and property questions — no pressure, no obligation.
