Directory · financing
Non-resident mortgage brokers
Portuguese mortgage brokers with track records on non-resident Madeira property lending. LTV caps, Euribor spreads, currency-risk treatment, and realistic approval timelines for foreign-income borrowers.
Non-resident mortgage access in Portugal is real but tighter than for residents. Typical LTV caps land at 60–70% (vs 80–90% for residents), spreads sit at Euribor + 2.8–3.5%, and banks discount foreign-currency income conservatively. Plan for 6–10 weeks from application to sign-off; plan for a CPCV with a financing-contingency clause so your sinal is protected if the bank says no.
Good Madeira mortgage brokers know which banks have an appetite for non-resident lending in which concelhos, can pre-screen your documents, and can tell you early if your scenario is borderline so you can adjust (larger deposit, different purchase price, different property type) before you commit the CPCV.
How we vet this category
- ·At least 2 years of non-resident Portuguese mortgage origination, Madeira-specific preferred
- ·Independent - not captive to a single bank
- ·English capacity confirmed; multilingual preferred
- ·Fee transparency - brokerage fee disclosed before paperwork starts
- ·Track record of closing non-resident mortgages within 6–10 weeks from application
- ·Familiar with Portuguese FX-risk underwriting (GBP, USD, CHF borrowers)
Questions to ask before engaging
- What is the realistic LTV cap for my income profile and the concelho I am buying in?
- What is the current spread over Euribor for a non-resident borrower in my situation?
- What is your realistic timeline from my application to bank sign-off?
- Do you work with banks that accept foreign-currency-denominated income without major haircuts?
- What documentation will you need from my home country, and can I pre-package it?
- Is there a CPCV-compatible financing-contingency option if the bank declines?
- How is your fee structured, and at what point does it become due?
Roster status
We are actively onboarding partners for this section. While we finalise the listed roster, we can still introduce you to professionals we know personally - with full disclosure of any referral arrangement.
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Are you a Madeira professional in this category?
Email hello@madeirarealestate.org with a short introduction, your language capacities, and one or two buyer-side case references. Vetting involves a call and client-reference follow-up - no listing fee to apply.