Private capital loansGerard Peiró Ribes2026-11-09T01:10:58+01:00
Mortgage-backed loans for individuals
Mortgage-backed loans for individuals
What is a mortgage-backed private capital loan?
It’s a loan granted by a private entity, not by a bank, in which a home or other property acts as a repayment guarantee. Thanks to that collateral, we can study situations that banks usually reject and give you a much faster answer.
Prestamo Capital is the brand of Ondara Capital, S.L., a real estate lender registered with the Bank of Spain. We study each case on a personalised basis and explain all the conditions to you in writing before signing, so you know from the outset how much you’ll pay.
You can use the loan for whatever you need: consolidating debts, renovating your home, accepting an inheritance, cancelling a seizure or dealing with an unexpected expense.
- Amount: from €15,000, depending on the property’s appraised value.
- Financing: up to 45% of the appraised value.
- Term: from 1 to 5 years, extendable to 10 or 20 years depending on your case.
- Collateral: a home or property in Spain free of charges or with a small outstanding charge.
- No up-front payments: the study is free and with no obligation.
What can you use your loan for?
Every situation is different, which is why we study each application individually. These are the most common purposes:
- Debt consolidation: group loans, cards and credit into a single, easier-to-manage instalment.
- Renovations: improve your home or premises and increase its value.
- Inheritances: pay the taxes and costs needed to accept an inheritance.
- Seizures and auctions: get liquidity to stop the proceedings and keep your home.
- Other needs: studies, health, a vehicle or any unexpected expense.
How mortgage collateral works
The collateral is a property —a house, a flat or commercial premises— that backs the repayment of the loan. It must be in Spain and mortgage-free or with a small outstanding charge.
An approved valuer appraises the property and, based on that valuation, we set the amount we can lend you, always taking into account your real ability to repay. The loan is signed before a notary and registered in the Land Registry, which gives legal certainty to both parties.
What if the property isn’t in your name?
The property doesn’t have to be yours. A relative or someone you trust can provide their home as collateral. In that case, you are the borrower and that person acts as mortgagor: they don’t take on the debt, but their home serves as collateral.
Before signing, we explain the obligations and risks of the transaction to both of you with complete clarity.
Required documentation
The process is simple and the documentation minimal:
- DNI or NIE (Spanish ID).
- Title deed or land registry extract (nota simple) of the property you provide as collateral.
- Proof of income: payslip, pension, rental income or other stable income.
Your income allows us to adjust the instalment to your means, so the loan is affordable month by month.
No guarantors
If you have a house or flat in your name, you don’t need guarantors: your own home is the collateral. With the title deed you can already start your application.
Loans with ASNEF or RAI
Being listed on defaulters’ files such as ASNEF or RAI doesn’t stop you from applying for a loan with us. Because there is real estate collateral, we assess your current situation and not just your history.
The conditions are the same as for any other client: no additional requirements and no up-front payments. In fact, one of the most common uses is to pay off those debts and get off the files.
