{"id":11560,"date":"2018-09-27T13:22:15","date_gmt":"2018-09-27T12:22:15","guid":{"rendered":"https:\/\/www.athome.lu\/blog\/?p=11560"},"modified":"2022-06-14T15:01:10","modified_gmt":"2022-06-14T13:01:10","slug":"solutions-for-buying-real-estate-without-a-fee","status":"publish","type":"post","link":"https:\/\/www.athome.lu\/blog\/en\/acheter\/pret-immobilier\/les-solutions-pour-acheter-un-bien-immobilier-sans-apport\/","title":{"rendered":"Solutions for buying a property with no deposit"},"content":{"rendered":"

Contrary to popular belief, buying without a down payment is possible in Luxembourg. However, to qualify for this total financing, you must meet certain conditions and provide guarantees. We'll tell you what they are!<\/span><\/p>\n\n\n\n

Funding at 110 %<\/strong><\/span><\/h2>\n\n\n\n

If you do not have any personal contribution to finance a flat or a house, then you must take out what is known as a 110 % loan. This type of loan allows you to finance the entire property and the associated costs (registration fees, deeds, administrative costs, etc.).<\/span><\/p>\n\n\n\n

The absence of a personal contribution is therefore not necessarily an obstacle to becoming a homeowner, as some banks will grant 110% financing if they obtain guarantees.<\/span><\/p>\n\n\n\n

The conditions to be met to buy without a deposit <\/strong><\/span><\/h2>\n\n\n\n

To be able to borrow without a down payment, the buyer must follow the same rules as for traditional financing with a down payment. In particular, they must have a stable job and be in a healthy financial situation. <\/span>
The debt ratio (the 33% rule) and the concept of the \"reste \u00e0 vivre\" are also to be considered and do not change for a total financing. However, the borrower will have to present a guarantee.<\/span><\/p>\n\n\n\n

Guarantees to be provided to buy with no deposit <\/strong><\/span><\/h2>\n\n\n\n

To finance a property project without a deposit, there are two distinct solutions:<\/span><\/p>\n\n\n\n