You know what you want and when you want it, or rather, you want it now. When it comes to mortgage loans, you're looking for a fast mortgage.
Is there anything like that on the market? Not by that name, of course. There are some financial institutions that are slower and others that are faster when it comes to applying for a mortgage.
The entire process of applying for a mortgage online is resolved in an express manner . As a starting point, once you answer the initial questions to apply for the mortgage, you will receive an indicative response about the loan in less than 2 days .
This result is only indicative, but serves as a starting point. From there, we will review all the documentation you send us to analyze the viability of the operation.
How long does it take to get a mortgage?
The law does not establish a specific deadline for responding to a mortgage application, but it can take from 10 days to 2 months or forever.
At Hipotecas.com we know that you don't like to wait, especially when you need a quick mortgage to buy the house of your dreams. That's why , in less than 48 hours, we offer you an indicative response on the possibility of granting a mortgage , it's that easy and that fast.
This is one of the advantages of the entire process being online, if you prefer. The procedures are much more streamlined, which translates into speed for you, who are eager to start doing the math to finally have the house of your dreams.
Is there anything I can do to get a mortgage faster?
10 days is a long time when we need a mortgage immediately because we have found a good buying opportunity and we don't want to miss it. Is there any way we can speed up the process?
With most entities there are some specific ways to speed up the mortgage granting process:
Have the documentation ready to process the mortgage. If we know what documentation they will ask for, we can speed up delivery times, although it will still depend on the entity that processes it more or less quickly. The documents to apply for a mortgage normally include pay slips and proof of income, receipts for other debts and the last tax return. With Hipotecas.com you will need:
- DNI or NIE
- Updated work life
- Latest income tax return.
- Last 3 payslips
Do some homework on your financial situation. This is more complicated, although there are certain elements that will make it easier to get a mortgage and quickly. Namely, review your income, debts and savings for part of the down payment; although there are also mortgages with maximum financing for those who do not have savings.
From there, knowing that we have a mortgage for our house, all that remains is to continue with the formalities. The longest has to do with the notary, whom we will visit twice. From the first visit, which is mandatory and free, to the second to sign the mortgage, a minimum of 10 days or 14 days (in the case of Catalonia) must pass as a reflection period.
For this reason, a quick mortgage will never be signed before 13 or 14 days (in the case of Catalonia). A lot or a little? It all depends on what you compare it to. The advantage is that with us you will be accompanied throughout this time to resolve any doubts you may have regarding your purchase .