MEDLA · OVB
Mortgage negotiation, with MEDLA and OVB.
Your purchase and financing, as one project. MEDLA coordinates your mortgage assessment with OVB: finding offers, negotiating terms and following the application through to completion.
Discuss my mortgageMEDLA receives and coordinates your enquiry. OVB provides the mortgage intermediary service.
Mortgages · Negotiation and financingBuy, negotiate or review your mortgage.
Buy a home
Financing assessment for residents and non-residents. Your income, savings and purchase plans are reviewed to prepare the application and request offers from participating lenders.
Negotiate a mortgage
OVB negotiates terms available from lenders for your transaction: interest rates, margins, linked products and fees. The comparison considers the total cost as well as the monthly payment.
Review an existing mortgage
A review of the loan and its costs to consider a novation with your bank or a subrogation to another lender. Any improvement depends on available proposals and their feasibility for your circumstances.
OVB
Consider what comes with your mortgage, too.
You can request these additional reviews. Before taking out a product, understand its purpose, costs, risks and terms.
Save towards a goal
Plan regular contributions with the aim of paying down your mortgage in the future. OVB considers options based on your time horizon, capacity to save and access needs. Returns and the possibility of paying off the loan depend on how the savings develop and on the product terms.
Review insurance and other products
Life, home and health insurance, pension plans, current accounts and interest-bearing accounts. An optional review of cover, costs and terms, including how changing or cancelling a product could affect discounts on your mortgage rate.
From your circumstances to a clear proposal.
Understand your starting point
OVB reviews income, available savings, your purchase plans and, if applicable, your existing mortgage and associated products. This establishes the circumstances before approaching lenders.
Compare offers
Your case is presented to participating lenders, and OVB compares the offers they make for your circumstances. The review uses actual proposals, with their requirements and scope.
Consider the full picture
You receive options showing total cost, annual percentage rate of charge (TAE), term, fees and associated insurance or products. You can assess each proposal beyond the monthly payment.
Progress towards completion
OVB’s mortgage department manages the application with the bank and supports the process through to signing before a notary. Financing remains subject to the lender’s assessment and approval.
MEDLA is your first point of contact. We coordinate the mortgage team and any legal or tax advice your project needs with you.
MEDLA coordination. Mortgage expertise.
Your project, with MEDLA
We receive your enquiry, consider financing within your transaction and coordinate the next step. The scope and fees of each service are agreed before engagement.
Mortgage intermediation through OVB
OVB compares and negotiates with lenders and manages the mortgage application. You will know who provides each service and its terms before engaging them. The lender decides whether to approve financing.
Before your next step
Can I enquire if I live outside Spain?
Yes. OVB considers resident and non-resident applications. Documentation, terms and feasibility depend on your circumstances and each lender’s criteria.
What does the service cost?
The scope and fees are confirmed for your transaction before engagement. Mortgage intermediation, banking costs and legal or tax services may have different charges, itemised in the relevant proposal.
Does the savings plan guarantee paying off my mortgage?
No. This proposal guarantees neither a repayment date nor a return. Contributions, product performance, risks, access to funds, costs and the outstanding loan balance all need to be considered.
MEDLA receives and coordinates your enquiry. OVB provides the mortgage intermediary service.
