FINANCING
Financing possibilities
The prefabricated homes are financeable, since their foundation is anchored to the ground and they are considered real estate, which complies with the Technical Building Code (CTE).
When considering real estate, you can request a building permit, obtain a first occupancy license, a certificate of occupancy, register the home in the Property Registry and therefore apply for a mortgage.
Key steps to obtain a mortgage
Once the budget for the construction of the home is known, the client can request pre-authorization of the mortgage as a developer from the reference bank. The bank will request the corresponding documentation to obtain the .
Our financial department will advise and support the most complex cases and guide the client in all the necessary steps to obtain their mortgage..
Once you have reviewed and are satisfied with our detailed estimate for your manufactured home, accept the offer to begin the process.
After designing the construction project, presented to the City Council for its Construction License and it has been granted, contact your bank to send all the required documentation.
Once the requirements with your bank have been met, you will be able to sign the conditions of your mortgage as a self-developer as well as the work and construction contract with MH, to begin the work and agreed payments.
100% personalized advice.
They install quickly and have a low price.
Know that construction time and a fixed price may vary the financing costs and therefore the final costs of your project.
Go for a safe solution. Bet on Modular Home.
The most common thing is to request a self-promoting mortgage, although there are other formulas.
Check with your bank if you can access financing and meet the annual income and financial stability requirements.
In case you don't know where to start, consult our sales department to help you.
Contact us for more information
Ready to start your project?
We are committed to providing the best experience in the construction of prefabricated homes in Spain and Portugal. If you have any questions, comments or want a personalized quote, fill out this form to offer you a complete advisory service.
ModularHome:
Where we are:
SUBSCRIBE TO OUR NEWSLETTER
Log in
Access to obtain updated information about the status of your modular home and explore the multiple advantages that Club MH offers you.