Young and from Extremadura?
We'll help you with your mortgage

If you're between 18 and 35, get 90% financing
for your imaginBank mortgage* thanks to the Community of Extremadura.

Applying for your mortgage easily

Apply for your mortgage from the app and get help from an adviser if you need it.

Discounted mortgage 1

2.75%
NIR

3.473%
AER

Non-discounted Mortgage 2

3.50%
NIR

3.980%
AER

Financing up to 90 %

90%

Of the purchase price or appraised value, whichever is lower.

I'm interested!

Fixed-rate and no surprises

The same amount each month.

Discounted mortgage

You need to direct deposit your salary and take out our Home Insurance and Life Insurance.

NIR: 2.75% FIXED
AER: 3.473% 1

€691.97 a month 1

Non-discounted mortgage

Without direct depositing your salary or taking out our Home Insurance and Life Insurance.

NIR: 3,50% FIXED
AER: 3,980% 2

€750.94 a month 2

Housing assistance
requirements in Extremadura

You are of legal age and no older than 35.

This is your first purchase of a home according to the ownership regime.

The purchase price, without the expenses and taxes inherent to the purchase, does not exceed €210.000.**

**the price can be increased by 20% if the home's energy efficiency rating is A or B, as per the applicable regulations.

The property must be in the Community of Extremadura and be your primary and permanent residence for a period of 5 years.

You must prove your residency in the Autonomous Community of Extremadura at the time the Guarantee is issued to you.

Our imaginBank mortgage

Apply for your mortgage from the app and get help from an adviser if you need it.

Fixed rate

Pay the same amount for the duration of the mortgage.

Enjoy a discounted mortgage

Get the discounted mortgage by direct depositing your salary and taking out our Home Insurance and Life Insurance. It's that easy!

Contact a specialist

Steps to apply for a mortgage

Learn more about our mortgage. We'll contact you!

Fill in our form from the app so that we can give you a personalised calculation.

Documentation

Once you know which mortgage suits you best, you will need to prepare the necessary documentation:

Appraisal and signature

When we approve the study, we will appraise the property. You must then choose a notary for an interview and schedule a date for signing.

To request the aid from the Community of Extremadura, you will need to provide the following extra documentation*:

  • DNI of the applicants.

  • Certificate of residence of the applicants.

  • Registry and property certificates showing that no other property is available.

  • Land registry extract of the property in question.

  • Contract with the option to purchase or reserve the property.

  • Sworn statement from the owners to use the home in question as their primary residence for at least 5 years.

*All original documents must be provided and notarised by the notary.

Links of interest:

  • imaginBank Pre-contractual Mortgage Loan Information

  • FAQS on mortgage loans

  • Additional information of interest

FAQs

A discounted mortgage is, simply put, a discounted interest rate enjoyed by the user when a series of services or associated products are contracted with the banking entity. At Imagin, we only require you to direct deposit your salary and/or take out our Home Insurance and Life Insurance to get the discounted mortgage.

Your monthly payment should not exceed 40% of your total income.

Once you have sent your mortgage assessment request, we will need you to send us a number of documents to carry out the evaluation. The documentation required will vary depending on your employment situation. As it is a mortgage, you must also provide information on the status of the property.

Salaried employee

  • Tax ID.
  • Proof of income (last 3 payslips, rents, revenue, etc.) and employment contract.
  • Your last annual tax return.
  • Signed declaration of property or capital gains tax.

Self-employed

  • Annual VAT summary (form 390) and statements for this year.
  • Annual summary of personal income tax (IRPF) deductions and statements for this year.
  • Payment of business tax (IAE).
  • Last three social security payments and the payment of the quota for self-employed workers.
  • Annual statement of activities with third parties (form 347).
  • Certificate attesting you are up to date with social security payments.
  • Certificate attesting you are up to date with tax obligations.

Property documents

  • Supporting document of the Property Registration.
  • Last property tax (IBI) bill for the property to be mortgaged.
  • If necessary, certificate demonstrating being up-to-date with homeowners' association fees.
  • Property purchase and sale agreement or deposit contract.

Once you provide us with all the necessary documentation (personal documents, property and appraisal documents), after assessing your viability, we can give you a response in a matter of days.

This will depend on the schedule of the notary you choose. You will have to choose the notary to schedule the signing day and to receive advice.

Please note that, by law, once the ESIS (a binding document containing the mortgage conditions) and its annexes have been signed, you will have 10 calendar days, or 14 calendar days in Catalonia, to reflect on and review the mortgage conditions, before signing before a notary.

During the consultation, the notary will issue a certificate of compliance to be signed, and this document will state the date from which the contract can be signed.

As a minimum, you must complete the reflection period that applies in your case.

We are what we do

We have been a Certified B Corporation™ since 2020. Discover more here.