First home
Up to 90% of the appraisal value. We accompany you from the first meeting to signing before the notary.
Learn more →Mortgage specialists
Your home, our mission.
We negotiate with 30+ banks to get you the mortgage that best fits you. No cost until you sign. No surprises.
Talk to us and we'll call
you back within 24h.
30+ banking
institutions.
institutions.
SABADELLBANKINTERABANCAINGBBVAEUROCAJAKUTXABANKUCIDEUTSCHBANK
Main service · Mortgages
TAILOR
MADE
We advise you on whatever you need and give you personalised offers with transparency and clarity.
Switch bank
Subrogation. Lower your monthly payment without moving home.
For foreigners
Non-residents and recent residents. Translated documentation.
Second home
Investment, holiday or change of residence.
100% financing
For profiles meeting specific requirements. We'll study it.
Young mortgage in Spain
Your first home, even if you're young.
Buying your first home while you're young in Spain is more achievable than you think. The young mortgage is designed for people aged 18 to 35-36 buying their first main home. With the ICO guarantee line (the State guarantee), it is possible to reach financing of up to 100% of the purchase price, overcoming the deposit barrier that holds so many young buyers back.
What exactly is a young mortgage?
It's not a single product from one bank, but the set of conditions, discounts and guarantees designed to help young people access housing. Banks traditionally finance up to 80% of the appraisal value; for a first home we can reach 90%, and thanks to the ICO guarantee for young people and families, the State guarantees part of that deposit so the mortgage financing percentage reaches up to 100% if you meet the requirements.
The ICO guarantee, in plain terms
Through an agreement with the ICO, the State guarantees up to 20% of the loan amount (up to 25% if the home has a good energy rating). That guarantee works as additional security for the bank: you don't receive that money, but it lets the bank finance a higher percentage. This way a young person with limited savings but stable income can buy a home without waiting years to gather the full deposit.
Common requirements
- Be up to 35-36 years old (or a family with dependent children).
- It must be your first main home.
- Income within the programme's limits (around €37,800 gross per year per person, higher for joint purchases and per child).
- Residency and circumstances that meet the bank's and the guarantee's conditions.
- Sufficient repayment capacity: the payment should not exceed roughly 30-35% of your income.
The conditions of the ICO guarantee and of each young mortgage depend on current regulations and on each bank, and may change. At MG Credit we review your case, check whether you meet the requirements and negotiate with 30+ banks to get you the highest financing percentage at the best rate (fixed, variable or mixed).
Our DNA
3 reasons to
trust MG Credit…
TRUST
…from start to finish, you'll deal with a single advisor who will guide you through the whole process.
MGTAILOR-MADE
We advise you on whatever you need and give you personalised offers with transparency and clarity.
MGRESULTS
We help you finish the process with the best conditions on the market.
MGWe also solve
Personal loans. Debt consolidation. Joint property dissolution.
Personal loans →
Renovations, a car, studies or any project. Conditions tailored to you. Learn more.
Debt consolidation →
One single monthly payment, lower and easier. We bring back your peace of mind. Learn more.
Joint property dissolution →
Divorce, inheritance or separation of co-owners. We handle the whole operation. Learn more.
The process
4 steps.
Zero
surprises.
From the first call to signing before the notary, we are with you every step of the way.
01
First call
You tell us what you need and your situation. 15 minutes, no obligation.
02
Analysis & proposals
We study your profile and negotiate with the banks. We send you the best offers.
03
We choose together
We compare options with you. You pick the one that fits best. No pressure.
04
Sign & close
We coordinate notary and signing. Our fee only if you sign.
After two banks said no, MG Credit got us the mortgage in 3 weeks. Without them we wouldn't have bought our first home.
1,200+
Deals closed
30+
Banking partners
24h
Average response
Frequently asked questions
What we get asked most.
A young mortgage is designed for people usually under 35-36 buying their first main home. Thanks to the ICO guarantee line, the State can guarantee part of the deposit, allowing a higher percentage of the price to be financed — in some cases up to 100% — subject to age and income requirements.
Generally banks finance up to 80% of the appraisal or purchase value. For a first home we can reach 90%, and with the ICO guarantee for young people and families it is possible to reach 100% if requirements are met. We study each case to maximise your financing.
The initial study is completely free and with no obligation. We only charge a fee if you finally sign the deal under the conditions we negotiated for you. If you do not sign, you pay nothing.
Most deals close within 3 to 6 weeks from the first call. Within 24 hours we give you a first answer on what we can do for you.
Yes. We specialise in profiles banks consider complex: self-employed, variable income, non-residents or situations with debt registers. We study your case with no obligation and tell you honestly what real options exist.
Yes, through a subrogation or a new mortgage we can move your loan to a bank with better conditions and reduce your monthly payment, analysing first whether the change is worth it once the costs are deducted.
Free study
Tell us your case.
We'll call you within 24h.
No cost until you sign and no obligation. Fill in the form or message us directly on WhatsApp — whatever you prefer.