MORTGAGES

By this financial product, the bank will hand over an amount of money to the client at the signing of the contract. The client is then obliged to refund the same amount plus the agreed interests.

A loan with real guarantee for the acquisition of houses, business premises or land.

Types of mortgages:

There are different types of mortgages depending on the:

Agreed conditions:

• Fixed rate mortgage
• Variable rate mortgage
• Mixed rate mortgage

Acquisition:

• House
• Investment
• Business premises
• Labour land

>> Documentation

How to proceed

1. In order to grant a personal loan, a study on the solvency of the client, as well as on the property, will have to be carried out. For that reason, you will have to bring the documentation regarding the property (simple note).

2. At any of our branches you will be given the necessary forms to be completed regarding your income, debts and properties. You will also have to bring us documentation proving the given information.

3. Once your economic situation has been analysed, Caja Rural will request on your behalf a technical study of the property to a valuation entity (Sociedad de Tasación) that will establish the official price of the property. That will mean the end of your mortgage study.

4. Finally, you will sign both the purchase/sell contract (by which you will buy the property) and the mortgage (necessary to pay the property) before personnel of Caja Rural and a Notary.

PERSONAL LOANS

By means of this type of contract, an amount of money is granted to the client at the signing of the contract.
The client is then obliged to refund the same amount plus the corresponding periodical interests on a monthly basis.

Types of insurances

There are different types of insurances depending on the hired conditions:

• Fixed rate loan
• Variable rate loan
• Mixed rate loan

>> Documentation

How to proceed

1. In order to grant a personal loan, a study on the solvency of the client will have to be carried out.

2. At any of our branches you will be given the necessary documentation to be completed regarding your income, debts and properties.
You will also have to bring us documentation proving the given information.

3. Finally, once your economic situation has been analyzed, you will sign the contract before personnel of Caja Rural and a Notary.
From this time on you will have the granted money at your disposal.