Investing in real estate involves financing the acquisition of the property through mortgage, it is possible to obtain this financing without having any personal or professional contribution.
Mortgage without contribution for rental investments
Going into rental investments or increasing your wealth in order to collect new rents involves investing, some have the amount of money necessary to cover the acquisition of a house, an apartment, others will have to use banking mechanisms to get the money you want. It is therefore necessary to start by filing a housing loan request with a bank or a broker to hope to finance your new investment.
This type of purchase is generally used within the framework of an SCI or a SCPI, a structure making it possible to manage the goods but also the charges and the debts. It can also be set up on a personal basis, for example, homes wishing to buy secondary property and then rent it out. In both cases, there is a problem that must be answered, it is quite simply the ability to be able to borrow. The bank will assess the plaintiff’s situation and calculate its debt ratio and its remainder to live, essential indicators making it possible first to gauge the financial situation of a borrower and secondly its capacity to get into debt.
Get your loan quickly without any investment
The first elementary step in the context of a rental investment is to carry out a mortgage loan simulation online. Most banks will talk about the personal contribution to add to the file but you should know that this sum is by no means an obligation, many households and SCI have no contribution to assert and they still manage to obtain financing without contribution for a real estate acquisition . Banks have solutions such as the 110% loan to support borrowers in their rental investment, not all present the offers in the same way and do not necessarily have the appropriate proposals. It is precisely for this reason that online simulation must be used.
To maximize the chances of obtaining a mortgage without contribution, you must start by taking stock of your situation and in particular your ability to borrow. With a debt ratio above 25%, it will be difficult to accumulate a new monthly payment and the repurchase of mortgage loan can make the rental investment feasible. In fact, the loans in progress are bought back and the bank uses the mortgage on the main property to offer financing for the rental investment, a special arrangement but possible by resorting to the repurchase of credit without contribution. If the debt is between 15% and 25%, there is a good chance that the loan will be accepted directly, so take care to file a simulation request online and compare the proposals of banks and credit institutions.