Requesting a mortgage from the bank to buy a home is a process, which in turn involves many other procedures, which is only easy if you have a trusted real estate agency to advise you before, accompany you during the process and ensure that the closing is perfect. Data to take into account before applying for the mortgage Search for offers: before deciding, it is necessary to compare. If you have a bank that you have worked with all your life, take into account that it may not have the best current offer that the market has to offer. This is why you will benefit from evaluating the offers offered by other banks at the exact moment you are going to apply for your mortgage. Some banks launch very interesting promotions that are very beneficial to take advantage of. Online banks usually have the best offers: if you meet the requirements to apply for a mortgage loan at an online bank, you can get significant benefits in terms of fees. You can even combine products to optimize the return on your capital. Deciding between a fixed or variable mortgage Depending on the Euribor situation, one or the other mortgage will be more convenient. When you sign a fixed mortgage, you know in advance the amount you will pay month by month throughout the life of the mortgage. On the other hand, the variable mortgage will be adjusted over time. The advantage of the latter is that, if the Euribor remains low, the total mortgage will be cheaper than that of a fixed one. How to save on insurance The bank's strategy will be to try to get you to take out the insurance they offer. In some cases, you will have no choice but to do so. However, other banks offer, although they do not specify it, so we recommend that you check at the beginning, the following alternatives: - Hire the external insurance of your preference - Use the life insurance you already have contracted Do not sign anything you do not understand The legal terms were written so that those who do not have legal knowledge do not understand them. In the rush to get the property as soon as possible and due to our ability to take certain things for granted, it is normal that we end up signing terms that we do not fully understand. This is a serious mistake. Before signing any mortgage, even the one that seems to be the most beneficial for you, make sure that every term is perfectly clear. Do not drag confusions that will last for twenty years. Why count on a real estate agency when asking for a mortgage? If the mortgage is a procedure that is carried out before the bank, why do you need a real estate agency for this process? The answers are: - Advice - Accompaniment - Help in understanding the terms A real estate agent will let you know which interest option is best for your case. At the same time, they will do the paperwork with the bank so that the documentation arrives in time and form. Thanks to this, you will save time and money, since a delay derived from errors in the presentation of the documentation could lead you to inconveniences such as being forced to pay more time than the rent you are currently paying. Finally, real estate professionals have the training and experience necessary to transform the legal jargon of the terms of the contracts into common terms. At Esphouses we have the staff and the infrastructure to be with you at all times and from anywhere.