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|  | Thinking about buying a home in Spain?
Where do you start and how do you make sure every part of the buying process is carried out correctly? GE Money can take away these worries. Our highly-experienced, bi-lingual team will help you through every step of the mortgage from application and throughout the term of the loan. We’re fully conversant with the Spanish process for International Buyers in Spain. We understand the challenges you can face – and we’re ready to answer any questions you might have about the mortgage application process. We understand that your top priority is a safe buying environment with a bank you can trust. GE Money contributes to this safe buying environment in ensuring compliance and transparency in everything we do.
| |  | Our mortgage solutions in Spain DreamHome Interest Only: The customer pays just the interest to get them started.
A flexible mortgage, which combines 2 types of loan divided into 2 different phases over a maximum term of 30 years. The first phase is an interest-only mortgage over a limited period. The second phase is standard repayment mortgage, repaying the capital and the interest for a maximum period of 30 years. DreamHome Standard Repayment : A variable rate in line with the Euribor Base rate.
A tracker rate mortgage simply tracks the Euribor base rate at a fixed percentage above it. As the base rate goes up and down, so do the monthly repayments. The rate will therefore change only if the base rate changes. | | | | | |
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