LoanNest Editorial
Mortgage Intermediary
⟳Last updated: 4 July 2026
DRAFT PLACEHOLDER
This page is scaffolded and pending editorial content. Key topics to cover:
- Who counts as a non-resident for mortgage purposes
- LTV caps and practical down payment requirements
- DSTI rules and income assessment for foreign earners
- Currency risk and income recognition by bank
- Required documents by nationality (EU vs non-EU)
- The application process step by step
- Worked example: €350,000 property, UK buyer
- How LoanNest works with all Portuguese banks simultaneously
Frequently Asked Questions
Can non-residents get a mortgage in Portugal?
Yes. All major Portuguese banks offer mortgages to non-residents. LTV is typically capped at 60–70% (vs 90% for primary residents), and DSTI scrutiny is stricter, but approval is common for buyers with stable foreign income and a clean credit history.
How much deposit does a non-resident need?
Non-residents typically need 30–40% of the property price as a deposit, plus acquisition costs of approximately 6–8% (IMT, stamp duty, notary, registration). For a €400,000 property, expect to have €160,000–€200,000 available.
What documents do I need for a Portuguese mortgage?
You will need: valid passport, NIF, last 3 months' payslips (or 2 years' tax returns if self-employed), last 3 months' bank statements, proof of address, credit report from your home country, and the promissory purchase contract (CPCV) once agreed.
How long does the mortgage process take in Portugal?
From submitting a complete file to final approval typically takes 4–8 weeks. The deed (escritura) can happen within 1–2 weeks of receiving the bank's final offer. LoanNest submits to multiple banks simultaneously to accelerate timelines.
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