Mortgage without a guarantor

A mortgage without a guarantor is one in which the bank provides financing without requiring an additional person or entity to back the loan. In other words, the borrower alone is responsible for repaying the debt to the bank, and no family member, friend, or third party is needed as a guarantor. This also means there is no collateral, such as a fully paid-off property, required as security.

It is the most common type of mortgage, although for certain profiles or situations (young buyers, 100% financing, modest income), the bank may still require a guarantor.

Yes, although it is more difficult. Obtaining a mortgage without a guarantor and without savings means that:

• The bank finances up to 100% of the property value

• You do not provide a down payment or additional guarantees

This is usually reserved for very specific profiles, such as:

• Civil servants with job stability and good income

• Buyers of properties owned by the bank

In these cases, even if you don’t provide a guarantor or savings, the bank may require greater banking tie-ins, insurance, or slightly higher interest rates.

The bank may require a guarantor in the following situations:

• Financing above 80% (90% or 100% mortgages).

• Profiles with low or unstable income.

• Young buyers without financial history or savings.

• When the debt-to-income ratio exceeds 35%.

• In transactions considered risky by the bank (atypical properties, sales between family members, etc.).

• Mortgages with a single borrower and a debt-to-income ratio between 30–35%.