Mortgages

You must demonstrate the ability to pay it off through a steady income and a borrowing level below 35%.

• The last three payslips, an employment contract (if your seniority in the company is less than two years), a social benefits certificate and an employment record report.
• If you are a businessman, the last personal income tax return, the last income tax split payment receipts and a VAT return.
• Details of borrowing at other institutions (Bank of Spain Risk Information Centre - CIRBE).
• Statements of accounts held at other institutions (when the salary, pension or recurrent income and expenses are directly deposited or debited at another institution).
• Last rental bill paid.
• And, if you are businessman, a certificate proving payment of self-employed workers' contributions and proof that you are up to date with all tax and social security obligations.
• Up-to-date registry extracts of the most relevant assets, the property to be mortgaged and its appraisal according to regulation ECO/805/2003.

The tax associated to the mortgage (Stamp Duty, known as Impuesto de Actos Jurídicos Documentados in Spanish) will be paid entirely by Unicaja Banco. Any taxes related to the sale of the property (Property Transfer Tax or VAT, as appropriate) will be incurred by the customer.

The amount that may be financed can additionally include any expenses that are inherent to the mortgage, provided said additional amount does not exceed 10% of the asset's acquisition value as declared in the deed of sale and as long as the mortgage's amount does not exceed 80% of the sale value.