Lending criteria


The banks will take the following two criteria into consideration when analysing your mortgage file for approval:

  • Financial strength
  • Property valuation


Financial strength


Your income

The bank will require proof of your current earnings such as salary income, dividend payments, investment income, pension income and rental income.

This information will help the lender to ascertain if you can comfortable afford the monthly cost of your Portuguese mortgage.

The banks consider the net income of each applicant that is confirmed by pay/pension slips, tax return and bank statements.

Your existing debts

The lender will require confirmation by way of a credit report or loan/mortgage statement in order to analyse your monthly fixed commitments for existing liabilities such as mortgages, personal loans and credit cards.

Your employment history

The lender will require proof of your current employment in form of an employer's reference letter. If you are self-employed the bank will require information about your company, confirmed by your accountant.

Your credit history

The bank will require a credit report from your country of residence (if available) and will also carry out a check with the Bank of Portugal for any existing liabilities in Portugal.


Property valuation

The bank will commission an independent engineer to value your property. The banks are currently lending between 60-80% of the valuation price.

Quinta Finance will liaise with your appointed key holder and arrange a visit to the property for the engineer. We will also arrange for all necessary property documentation for the bank.


Please find more information on the following subjects:-

+351 289 369 058