Mortgages, in general, come with a backpack. And the fact is that banks, in most cases, only offer their best interest if the client agrees to contract other services or products of theirs: domiciliate the payroll, subscribe to one or more insurance policies, invest in pension funds or plans, and even install alarms! If these conditions are not accepted, the applied rate usually rises significantly.
According to the financial comparator HelpMyCash.com, the best mortgages on the market are those with a competitive interest rate that can be achieved without contracting too many associated products that increase the final price of the financing. And those that meet these requirements are Banco Santander (at a fixed rate) and EVO Banco (at a mixed and variable rate).
It is worth keeping in mind that the conditions of a mortgage are always negotiable. That is, the client can try to reach an agreement with the entity to improve some aspects of the initial offer, such as lowering the interest or eliminating any commission or associated product. The greater the solvency of the applicant, the more options they will have to obtain.
For this reason, HelpMyCash recommends negotiating with as many banks as possible, both those mentioned and others. This way, the chances of getting the best possible mortgage will be higher. And if you do not have the time or the necessary knowledge to haggle with different entities, you can hire a mortgage broker, who is a professional specialized in obtaining more competitive conditions for their clients.
