About SOMOS Finance

Commitment to transparency

1. WHAT IS THE DIFFERENCE BETWEEN A MORTGAGE BROKER AND A MORTGAGE ADVISOR?

The main difference between a broker and an advisor is that a broker focuses solely on finding an offer for you. An advisor conducts a personalised study, seeking the best option adapted to your circumstances. Additionally, the advisor accompanies you throughout the process and in all decision-making, ensuring you don't feel alone or lost.

2. WHY HIRE SOMOS FINANCE AND NOT DEAL DIRECTLY WITH THE BANK?

Dealing directly with the bank you already know can make you feel more secure and comfortable.

Our goal is not to replace the bank, but to simplify the process, enabling you to find the best deals from a multitude of banks fully adapted to your needs.

We offer a way to purchase a completely customised mortgage, eliminating the need to go from bank to bank and repeat the same process. We work with over 20 banks - consider if you have the time to apply for a mortgage on your own with 20 banks.

3. WHY CHOOSE SOMOS FINANCE?

EXPERIENCE AND PROFESSIONALISM

The Somos Finance team has an average experience in the mortgage and banking sector of more than 20 years.

Our managers will negotiate for you with the banks to secure the best conditions, even for the most complicated mortgages, saving you time, money, and worries.

FULL 360º SERVICES

Somos Finance offers additional financial services that complement the mortgage advisory service and can prove highly beneficial to you: financial planning, assistance in finding the best insurance in the market with a comparison with bank offers, tax and legal advice. Our service is more comprehensive than that of any mortgage advisor or broker in the market. We address all the essential aspects of the purchase of your dream home, ensuring you have all the support and advice you need to have peace of mind throughout the process.

EMPATHY AND PROBLEM SOLVING

Our entire team is extensively trained in the most human aspects of client interaction. We are highly empathetic and promptly address any concerns or uncertainties you may encounter.

We will liaise with the estate agent, seller, and notary to ensure a smooth process.

DEFENDING YOUR INTERESTS: IMPARTIALITY

An additional advantage is impartiality. Unlike entities focused on selling their own mortgages, at Somos Finance, we prioritize recommending the best option for you without any external influence.

ALWAYS THERE

You will have access to a mortgage advisor 7 days a week and 24 hours a day who will deal with all your queries by Whatsapp and over the phone.

4. IS SOMOS FINANCE REGULATED?

Yes, Somos Finance adheres to the regulatory framework outlined in Law 2/2009, dated March 31, which governs the contracting of loans or mortgage loans and brokerage services for the conclusion of loan or credit agreements with consumers.

5 HOW MUCH DOES IT COST?

We conduct a free and personalised study of your mortgage. Our fees are only applicable if we successfully secure the best market conditions for you, and you choose to sign with us, all without any obligation on your part.

6. HOW LONG DO WE TAKE TO GET YOUR MORTGAGE?

If you manage the process independently, a bank may take anywhere from ten days to two months to approve your loan application.

However, with the assistance of a Somos Mortgage Expert, this period can be shortened to just one week.

7. WHAT IF NONE OF YOUR OFFERS INTEREST ME IN THE END?

No problem. There is no commitment, and we won't charge you for the work done. We are committed to finding you the best offer, and if we don't succeed, you are not obliged to continue with us, therefore you have nothing to lose.