Young and living in the Balearic Islands?
We'll help you with your mortgage

If you're between 18 and 35 years old, get 90% financing for
your imaginBank mortgage * thanks to the Institut Balear de l’Habitatge.

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Apply for your mortgage easily

Apply for your mortgage from the app and get help from an adviser if you need it.

Discounted mortgage 1



Non-discounted Mortgage 2



Financing up to


Of the lower of the purchase price and appraised value.

I'm interested!

Fixed-rate and no surprises

The same amount each month.

Discounted mortgage

You need to direct deposit your salary
and take out our Home Insurance and Life Insurance.

NIR: 3,10 % FIXED
AER: 3,822 % 1

€719.14 a month 1

Non-discounted mortgage

Without direct depositing your salary or taking out our Home Insurance and Life Insurance.

NIR: 3,85 % FIXED
AER: 4,336 % 2

€779.38 a month 2

Housing assistance requirements
in the Balearic Islands

You are of legal age and no older than 35.

You can legally prove that you lived continuously in the Balearic Islands in the 5 years before you apply for the financing.

It is your first home purchase and you can prove that you don't own any property.

The property is located in the Balearic Islands.

It will be your primary and permanent residence for at least 2 years. And you can show that you have had a checking account in your name for more than 2 years.

The purchase price, without the expenses and taxes inherent to the purchase, does not exceed €270,150.

Our imaginBank mortgage

Fixed rate

Pay the same amount for the duration of the mortgage.

Enjoy a discounted mortgage

Get the discounted mortgage by direct depositing your salary and taking out our Home Insurance and Life Insurance. It's that easy!

We will refund
the valuation fee

If you take out an imagin
mortgage, we will refund
the cost of the valuation.

Contact a specialist

Steps to apply for a mortgage

Learn more about our mortgage. We'll contact you!

Fill in our form from the app so that we can give you a personalised calculation.


Once you know which mortgage suits you best, you will need to prepare the necessary documentation:

Valuation and signature

When we approve the study, we will value the property. You must then choose a notary for an interview and schedule a date for signing.

To apply for aid from the Balearic Islands, you will need to provide the following extra documentation*:

  • Original identity document

  • Certificate of census registration for the last 5 years.

  • Land registry clearance certificate.

  • Certificate of registration from the Land Registry index.

  • Contract of option to purchase, reservation or sale of the property.

  • Personal income tax return (IRPF) or income certificate of the applicants issued by the State Tax Administration Agency, corresponding to the tax year closed immediately prior to the last tax period with a deadline for submission at the time of the application for funding.

  • Application and responsible declaration in accordance with the established model published on the IBAVI website.

If the property is social housing or a pre-priced property, the current certificate or document accrediting the maximum authorised sale price will be requested.

*All original documents must be provided and notarised by the notary.


A discounted mortgage is, simply put, a discounted interest rate enjoyed by the user when a series of services or associated products are contracted with the banking entity. At Imagin, we only require you to direct deposit your salary and/or take out our Home Insurance and Life Insurance to get the discounted mortgage.

Your monthly payment should not exceed 40% of your total income.

Once you have sent your mortgage assessment request, we will need you to send us a number of documents to carry out the evaluation. The documentation required will vary depending on your employment situation. As it is a mortgage, you must also provide information on the status of the property.

Salaried employee

  • Tax ID.
  • Proof of income (last 3 payslips, rents, revenue, etc.) and employment contract.
  • Your last annual tax return.
  • Signed declaration of property or capital gains tax.


  • Annual VAT summary (form 390) and statements for this year.
  • Annual summary of personal income tax (IRPF) deductions and statements for this year.
  • Payment of business tax (IAE).
  • Last three social security payments and the payment of the quota for self-employed workers.
  • Annual statement of activities with third parties (form 347).
  • Certificate attesting you are up to date with social security payments.
  • Certificate attesting you are up to date with tax obligations.

Property documents

  • Supporting document of the Property Registration.
  • Last property tax (IBI) bill for the property to be mortgaged.
  • If necessary, certificate demonstrating being up-to-date with homeowners' association fees.
  • Property purchase and sale agreement or deposit contract.

Once you provide us with all the necessary documentation (personal documents, property and appraisal documents), after assessing your viability, we will be able to give you an answer in a matter of days.

This will depend on the schedule of the notary you choose. You will have to choose the notary to schedule the signing day and to receive advice.

Please note that, by law, once the ESIS (a binding document containing the mortgage conditions) and its annexes have been signed, you will have 10 calendar days, or 14 calendar days in Catalonia, to reflect on and review the mortgage conditions, before signing before a notary.

During the consultation, the notary will issue a certificate of compliance to be signed, and this document will state the date from which the contract can be signed.

As a minimum, you must complete the reflection period that applies in your case.

We are what we do

We go above and beyond the standards that certify us as a company with good social, environmental and corporate practices.

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