Mortgage in Portugal without standard income

Finances
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Afternoon all

I have a large portfolio with good capital gains income but no regular income. This apparently makes it so that Portuguese banks won’t offer me a mortgage. I would like a mortgage and I’m looking for alternatives

Do any other countries offer mortgages I could use? I’m thinking of say, getting a mortgage in Germany and using the money to buy a Portuguese property. But I’m not sure about the rules for other countries

I’m also considering a margin loan from IBKR but that needs more investigation still. Don’t really want to move from vanguard but their rates are horrible

Any thoughts or advice are greatly appreciated

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Hi Garrett
Have you considered a Lombard loan on the portfolio (assuming it consists of liquid securities) many Private Banks will lend EURs on a USD portfolio and allow you to fix & roll up the interest. The Lombard could reduce of elimate the need for a traditional mortgage & be cheaper.
Just a thought, Peter

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That’s basically what a margin loan is (I was looking at IBKR’s rates, and they’re approximately 6% which isn’t the worst - just a bit complex in terms of actually getting, compared to the alternatives I think

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For comparison Credit Suisse lend EURs at 4.5% for a month and less for longer duration on a Lombard

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Yes but I’m not sure I can hold my current investments with them, let alone whether I want to hold them in an institution out of the USA.