Last in 2015 not 16. Last application process would be 2014.
BBVA will only provide the loan to you if you/your parents can provide an asset (house) against which to guarantee the loan. If you have a mortgage already on the house, the mortgage PLUS the loan can only come to 60% of the house value. However, if you are not able to do this BA MIGHT guarantee the loan for you but only if you can pass a credit check. This has already been discussed earlier in the thread.