Second home purchase, Alpes Maritimes - 900.000€ purchase price

This was an interesting challenge, as it was for an American tax resident.


What was needed?

The purchase was for a second home in the Alpes Maritimes here on the French Riviera.

What was the challenge?

There are very few banks who can finance US residents due to extra regulations involved with FATCA and US residents. The client was looking for around 50% LTV, which helped as the client did have a good personal contribution.

The HB Mortgages Solution

In the end, we managed to get a 60% LTV over 15 years with a fixed rate of just 1.55% for the duration of the loan. So a happy customer in the end as the rate was considerably lower than expected.

So please do not hesitate to get in touch if you are American looking to buy here on the French Riviera or you are a Non-resident looking to buy a property and need a mortgage in France, we would be happy to help.

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'HB Mortgages' is a trading name of 'HB Property S.A.S'. 'HB Property S.A.S' as comme activites, achat, vente, location et gestion de bien immobilieres, courtage en operations de banque et services de paiement. Immatriculation au R.C.S Antibes ‘831 714 761’. 'HB Property S.A.S' est inscrit a L'Orias le Registre unique des Intermédiaires en Assurance, Banque et Finance sous le numéro d’immatriculation '18005964'. Carte professionnelle 'Transactions sur immeubles et fonds de commerce' (Gestion Immobilière) numéro '0605 2018 000 036 819' délivrée par la CCI de Nice Côte d’Azur. TVA Intracommunautaire FR 06831714761.