Bankless Mortgage – Private Equity Mortgage

14 February, 2024 | Antonio Beltrán

Last Updated on 2 months by Antonio Beltrán

Who is it for?

This service is designed for those who urgently need money and cannot obtain it through their bank or other conventional sources.

If you own a property in Spain, this can be an ideal solution to obtain liquidity.

Examples:

Inheritance in trouble: Were you left an inheritance, but the taxes are killing you? Don’t worry, with our mortgage, you can put that property in your name and clear up those messes once and for all.

Immediate liquidity, regardless of your history: Are you blacklisted by banks and need money instantly? No problem, we solve your situation in no time.

For those who build dreams: If you are a small or medium-sized builder and the banks turn their backs on you, we are here to save your project. Forget about impossible conditions, with us, you will find an alternative that truly understands and supports you.

Total relaunch: Is your business in a coma and the banks are ignoring you? Don’t give up, we can give you the push you need to get it back on its feet.

The tax office won’t sour your life!: If debts with the tax authorities are overwhelming you, calm down, with our help, you can get everything up to date.

Now, what do you need for us to give you the OK?

Problem-free property: Whether it’s an apartment, a holiday home, a shop, or an industrial warehouse, it must be free of encumbrances.

Solid repayment plan: Don’t worry, we have flexible options. Whether by selling the property, obtaining bank financing later, or collecting outstanding debts.

Minimum amount of 25K euros: If you need less, sorry, we can’t help you!

Who provides the money?

Companies registered with the Bank of Spain as real estate lenders, complying with the regulation established by Law 5/2019, of March 15, on real estate credit contracts.

How long does it take to get the loan?

The process is quick:

Identify the property.

Indicate the purpose of the money.

Inform how you plan to repay the loan. The maximum term can be up to 20 years.

A proposal is presented to you.

The property is appraised.

If you are an individual, you wait 15 days to sign; if you are a company, the signing can be immediate.

Bankless mortgages are also known as:

  • Private equity mortgages
  • Private capital loan
  • Private mortgage