Latest transaction: €803,250 mortgage for a property in Bar sur Loup
Posted on 08 Jun 2022 in Transactions
- Buying in: Bar sur Loup
- Property price: €945,000
- Loan amount: €803,250
- Mortgage type: Repayment *
- Interest rate: 2.20% *
- LTV: 85%
- Term: 20 years
Our client desired the greatest LTV possible since he did not want to sell his assets. He has an excellent profile (high income, low debt) which is really important obviously.The lower the debt-to-income ratio is, the better.
There is no need for life insurance and there is no collateral requirement.
It was a pretty much straight forward application which is sometimes nice.
We ended up getting the mortgage offer in a matter of a few weeks only!
* The rate / the product may differ to what is currently offered since this mortgage has been agreed.