Self-check · 1 minute

Mortgage readiness check — how realistic is your financing?

5 questions on income, equity, debt-to-income ratio, age and paperwork status. At the end: a rough read — green, amber or red — for Spain and Portugal separately.

How realistic is my mortgage as a non-resident?

Five factors typically decide the pool of banks and the loan-to-value: type of income (employed or self-employed), equity ratio, debt-to-income ratio (the 35% rule), age at the end of the term, and the status of your paperwork — above all the NIE or NIF. Employed applicants usually reach up to 70% loan-to-value in Spain and up to 80% in Portugal; self-employed applicants in Spain typically face around 60% and a higher equity requirement. The check below places your situation in about a minute — including the lever that helps most at amber or red. Does not replace a bank review and is not a financing commitment.

Mortgage readiness check

Your situation in 5 questions

Each answer counts points. At the end: a rough traffic light — not a bank review, not a financing commitment.

Your assessment
Traffic light
Points out of 15

A rough self-assessment, not a bank review and not a financing commitment. Actual feasibility depends on the bank's full review — including the property (e.g. a finca on rústico land: only 50–70% loan-to-value), creditworthiness in detail, and current terms.

Free checklist

Keep this result — and the matching checklist

The check gives you a read. For the bank meeting, the right paperwork counts. We'll send you the PDF checklist for Spain, Portugal or both — free, no sales pressure.

Request the checklist

For which country?
Checklist language

Free · 30 seconds · no sales pressure

What's behind the check

Five questions, one rough compass

The check doesn't replace a bank review — it shows which of the five levers is most likely holding things back. At amber or red, it's rarely the whole constellation that's the problem, but usually one single factor: often the debt-to-income ratio, because many non-residents underestimate their existing German obligations at first glance. Green means: the constellation fits the standard pattern. Amber means: financeable, with a narrower, targeted pool of banks. Red means: difficult with the standard route, but not automatically impossible — usually it needs a specialised structure, such as a second-charge mortgage on a German property as additional equity.

FAQ

Frequently asked questions

Does red mean financing isn't possible?
No. Red means the standard route for non-residents usually doesn't fit — not that no bank will finance it. Especially for self-employed applicants, a high debt-to-income ratio, or higher age, there are special structures, such as a second-charge mortgage on an existing German property. The check shows which lever to work on first.
Why do Spain and Portugal give different results?
Because the usual loan-to-value cap differs — typically up to 70% in Spain and up to 80% in Portugal for non-residents. With the same equity ratio, the same amount therefore stretches further in Portugal.
Why does the debt-to-income ratio carry so much weight?
Because Spanish and Portuguese banks usually apply the 35% rule for non-residents: the new instalment plus all existing obligations must not exceed 35% of net income. German loans or lease instalments count too — often overlooked.
What if I'm self-employed and land in the red on several questions?
Then a personal conversation is especially worthwhile. Self-employed applicants already face higher hurdles (often 60% instead of 70% loan-to-value in Spain, a higher rate) — several weak factors together rarely balance out through a single lever.