Low deposit Home Loan for an American couple purchasing a Paris Pied à Terre
Mr and Mrs M. 39 and 36 years old. An American couple from Phoenix, Arizona.
Mr is a senior partner in a law firm and they are both Francophiles particularly enamoured with the delights of Paris. Mrs M loves the Paris shopping and fashions and who wouldn’t!
The couple found a perfect 2 bed apartment ideally located on rue d’Assas on the left bank, a short distance from the Jardins du Luxembourg with a purchase price of € 1,440,000
They had a substantial deposit but were keen to borrow in euros to benefit from low interest rates and tax benefits. They also wanted the confidence of some support with the purchase and so were referred to Bluesky Finance by their real estate broker.
We set to work to find out the best solution for them and took over handling all the administration for the purchase which they said was a huge relief. We provided them a mortgage pre-qualification which came very handy to secure an offer on the apartment.
Financing solution engineered by Bluesky Finance :
A 70% Loan to Value euro denominated mortgage loan
25 year term
Fixed rate of 1.80%
Opening of Checking accounts and property insurance
No pledged financials
Mr and Mrs M can now zoom back and forth to Paris from Arizona and enjoy hassle free breaks in the capital and get a glamorous new Parisian wardrobe injection into the bargain!
More Case Studies
The “Out of the Box” Solution – Securing an Interest-Only Loan for a US Trust Beneficiary
At BlueSky Finance, we pride ourselves on being solution orentated. While traditional French retail banks are bound by rigid debt-to-income ratios (HCSF criteria), we understand that international wealth is rarely linear. This case study demonstrates how we secured a bespoke financing structure for a US family by looking past their French tax returns and focusing…
Negotiating French Mortgages for US Expats – A Success Story in Paris
At BlueSky Finance, we specialize in bridging the gap between international wealth profiles and the French banking system. For American citizens working in France, securing a mortgage can often feel like an uphill battle due to strict regulatory requirements and a lack of flexibility from traditional retail banks. This case study illustrates how we leverage…
Loan insurance : providing solutions when your bank can’t
The Profile The Client: A 35-year-old French expatriate living and working in London, UK. Employment: Employed under a UK contract with a stable, high-tier income. Status: Single, looking to build wealth through a French real estate portfolio. The Project Our client sought to purchase a buy-to-let apartment in the vibrant port city of Marseille. Having…