€2m mortgage for French expat residing in New York arranged in 7 weeks
Mr D. 39 years old. French national, living and working in New-York City.
Client requirements:
Our client was looking to finance the purchase of a Buy to Let apartment in Paris. Despite a strong global relationship, our client discovered quite late in the process that HSBC France would be unable to meet his requirements due to capacity constraints.
Mr D was introduced to Bluesky Finance by his notary.
Financing solution engineered by Bluesky Finance:
– €2,000,000 loan
– 15 year fixed rate capital repayment mortgage loan
– 60% LTV loan
– Interest rate: 1.30%
– Financial collateral deposited in USD
Mortgage loan arranged and paid out in less than 7 weeks.
A fast turnaround delighted this customer who thought he had got his deal in the bag until the last minute. This can happen but with a tight brief we were able to step in and find a solution quickly. Now he owns a delightful pied a terre in Paris and is hoping to move back as soon as he can.
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