Mortgage declined? Find out what may have failed before trying again.
A rejection is not a diagnosis. It may come from affordability, savings, existing debt, the property, the valuation or the lender's own risk policy.
Why doing the numbers first matters
A mortgage is not only about finding a low interest rate. The purchase has to work as a whole: upfront cash, monthly payment, existing debt and enough liquidity after completion. The earlier those numbers are clear, the easier it is to avoid signing a reservation or deposit contract based on an assumption.
Find the reason before changing banks
A different lender may have different criteria, but sending the same file again without understanding the rejection wastes time.
Check buyer and property separately
The issue can be affordability, savings or debt, but it can also be the valuation or characteristics of the property.
If you have signed arras, time matters
Read the contract immediately, note every deadline and seek legal review when money is at risk. A bank rejection does not automatically cancel the deposit contract.
What you can expect from Hipoteca Real
We carry out an initial mortgage study, organise the information needed for the case and, where the operation fits the solutions we can handle, accompany the process through documentation, prescoring, presentation to the lender and the steps before signing. Hipoteca Real does not grant or approve credit.
No fees for you. You do not pay Hipoteca Real a client fee. When a mortgage is formalised through a lender we work with, our remuneration comes from that financial institution.
Common questions
Do I need to have chosen a property?
No. We can start with a price range and your financial situation, then update the study when you have a specific property.
Can I do everything remotely?
Yes. The service is available online and by phone throughout Spain.
Does the study guarantee approval?
No. The lender makes the final lending decision after its own affordability and risk assessment.
Do you charge the buyer a fee?
No. Hipoteca Real does not charge the client fees for the study or for the transactions we handle.