{"id":7463,"date":"2020-05-27T09:34:49","date_gmt":"2020-05-27T08:34:49","guid":{"rendered":"http:\/\/wordpress.dev.aws.athome.lu\/?p=7463"},"modified":"2022-05-11T11:33:24","modified_gmt":"2022-05-11T09:33:24","slug":"8-tips-for-obtaining-a-real-estate-credit","status":"publish","type":"post","link":"https:\/\/www.athome.lu\/blog\/en\/acheter\/pret-immobilier\/8-conseils-pour-obtenir-un-credit-immobilier\/","title":{"rendered":"8 tips for obtaining a mortgage"},"content":{"rendered":"<p class=\"has-text-align-left\"><span style=\"color: #000000;\">It is the obligatory step to become the owner of your property: obtaining a loan from the bank to buy your house or flat.<br><\/span><span style=\"color: #000000;\">Have you found your future home or are you actively looking? Before making an appointment with an advisor, prepare your file carefully beforehand.<\/span><\/p>\n\n\n\n<p class=\"has-text-align-left\"><span style=\"color: #000000;\">Here are the 8 tips to make your dream of home ownership a reality.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"color: #000000;\"><strong>1- The amount of the contribution<\/strong><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-left\"><span style=\"color: #000000;\">Even if it is possible to obtain a loan without a down payment, a financial contribution from the borrower is often required by banks. This is because, <strong>most banks consider that the contribution must cover the various costs (notary and file fees)<\/strong>. The amount of this contribution may also vary according to the banks and the overall quality of the client's file. Savings account, home savings plan, early release of funds, etc. Several financial sources can be combined to raise the amount of the personal contribution required by the banks.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"color: #000000;\"><strong>2- Professional stability<\/strong><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-left\"><span style=\"color: #000000;\">More than ever, banks fear instability. <strong>Open-ended contracts and seniority are the keys to accessing credit.<\/strong> It is necessary to be able to prove a stable professional situation. For the liberal professions and the self-employed, it is recommended to provide two or three years of balance sheets.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"color: #000000;\"><strong>3- Beware of overdraft <\/strong><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-left\"><span style=\"color: #000000;\">Before deciding whether to grant a loan, the bank examines the borrower's financial situation. <strong>It is therefore important to avoid being overdrawn in the three to six months preceding the application<\/strong> If the borrower is above reproach in this respect, it will be easier not only to obtain credit but also to negotiate the terms of the loan with the bank.  If the borrower is above reproach in this respect, it will be easier not only to obtain credit but also to negotiate the terms of the loan with the bank.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"color: #000000;\"><strong>4- Monitor your debt capacity<\/strong><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-left\"><span style=\"color: #000000;\">This is perhaps the best-known rule for prospective borrowers, the so-called \"33 %\" rule. The exact rate varies from one bank to another and according to the file. If indebtedness is an important point,&nbsp; <strong>the 33% rule is not a strict condition. The notion of \"reste \u00e0 vivre\" is crucial for the acceptance of the application.<\/strong><\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"color: #000000;\"><strong>5- Gathering the documents<\/strong><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-left\"><span style=\"color: #000000;\">Showing up with only half the documents you need, or sending your pay slips and other statements in a rush, will be unpleasant for your interviewer - and will make you look untrustworthy to them.<strong> Provide the necessary documents as they are requested<\/strong>. This is also important for you! You will get an answer more quickly if all the information is included in your file in good time.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span style=\"color: #000000;\">The documents to be provided are :<\/span><\/h3>\n\n\n\n<p><span style=\"color: #000000;\"> - Copy of identity card <\/span><br><span style=\"color: #000000;\"> - 3 last pay slips <\/span><br><span style=\"color: #000000;\"> - Last salary certificate <\/span><br><span style=\"color: #000000;\"> - Last 3 bank statements <\/span><br><span style=\"color: #000000;\"> - Sales agreement <\/span><br><span style=\"color: #000000;\"> &nbsp;- Proof of contribution &nbsp;<\/span><br><span style=\"color: #000000;\"> - Certificate of housing rights (Ministry of Housing of Luxembourg)<\/span><\/p>\n\n\n<section id=\"section-3-14695\" class=\"ct-section\" ><div class=\"ct-section-inner-wrap\"><div id=\"div_block-4-14695\" class=\"ct-div-block\" ><div id=\"new_columns-7-14695\" class=\"ct-new-columns\" ><div id=\"div_block-8-14695\" class=\"ct-div-block\" ><div id=\"div_block-14-14695\" class=\"ct-div-block\" ><\/div><\/div><div id=\"div_block-9-14695\" class=\"ct-div-block\" ><h1 id=\"headline-11-14695\" class=\"ct-headline\">What are the property prices at the moment?<\/h1><div id=\"text_block-12-14695\" class=\"ct-text-block\" >Prices are slowing down. Interest rates are rising. What are the trends for the coming months?<\/div><a id=\"link_button-13-14695\" class=\"ct-link-button\" href=\"https:\/\/www.athome.lu\/blog\/blog\/marche-immobilier\/prix\/tendances-2022\/\" target=\"_blank\"  >Read the analysis<\/a><\/div><\/div><\/div><\/div><\/section>\n\n\n<h2 class=\"wp-block-heading\"><span style=\"color: #000000;\"><strong>6- Do not wait too long<\/strong><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-left\"><span style=\"color: #000000;\">In the same vein, it is preferable not to wait too long before seeking financing. From the time of receipt of the preliminary sales agreement, the buyer of a property has a fixed period of time in which to justify to the seller that he has obtained a loan. It is advisable not to waste any time.<\/span><\/p>\n\n\n\n<p class=\"has-text-align-left\"><span style=\"color: #000000;\"><strong>Anticipate even before you find your property<\/strong>. If you have precisely defined your project, your needs and the type of accommodation you want, you can already <a href=\"https:\/\/www.athome.lu\/blog\/finance\/pret-immobilier\">contact a broker<\/a> to find out about possible financing offers.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"color: #000000;\"><strong>7- Be careful what you buy<\/strong><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-left\"><span style=\"color: #000000;\">The more dynamic the property market is in the town or district where you buy, the greater the chances of selling your property quickly and under good conditions. You may not think about this when you buy, but your bank is likely to pay attention.<\/span><\/p>\n\n\n\n<p class=\"has-text-align-left\"><span style=\"color: #000000;\"><strong>When buying a property for the first time, also be reasonable about the purchase price<\/strong>. There is no point in coming up with a project that is likely to be rejected.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"color: #000000;\"><strong>8- Try to reduce the length of your loan<\/strong><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-left\"><span style=\"color: #000000;\">The risk that the bank takes increases with the duration of the loan it grants. It may therefore be a good idea to reduce the term of your loan as much as possible... as far as possible.<\/span><\/p>\n\n\n\n<p class=\"has-text-align-left\"><span style=\"color: #000000;\">For example, by increasing the amount of your personal contribution, or by postponing certain works if you wish to acquire a property to be renovated.<\/span><\/p>\n\n\n\n<p class=\"has-text-align-left\"><span style=\"color: #000000;\"><strong>To get the best possible conditions for your real estate loan, don't hesitate to compare banks. It's important to be competitive!<br><\/strong><\/span><span style=\"color: #000000;\">If you are not comfortable with the financial world, use a credit broker. As a finance professional, the broker will provide you with valuable assistance. He or she has a network of solid financial partners and will select for you the banks most likely to accept your application. <strong><a href=\"https:\/\/www.athome.lu\/blog\/finance\/pret-immobilier\" target=\"_blank\" rel=\"noopener noreferrer\">Contact an atHomeFinance broker<\/a><\/strong><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>C\u2019est le passage oblig\u00e9 pour devenir propri\u00e9taire de son bien immobilier : obtenir de la banque un cr\u00e9dit pour r\u00e9aliser l\u2019achat de sa maison ou son appartement.Vous avez trouv\u00e9 votre future maison ou vous \u00eates en recherche active ? Avant de prendre rendez-vous avec un conseiller, pr\u00e9parez consciencieusement votre dossier en amont. Voici les 8 [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":7002,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[207],"tags":[36],"class_list":["post-7463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pret-immobilier","tag-credit-immobilier"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>8 conseils pour obtenir un cr\u00e9dit immobilier - atHome Blog<\/title>\n<meta name=\"description\" content=\"C\u2019est le passage oblig\u00e9 pour devenir propri\u00e9taire de son bien immobilier\u00a0: obtenir de la banque un cr\u00e9dit pour r\u00e9aliser l\u2019achat de son logement.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.athome.lu\/blog\/en\/buy\/home-loan\/8-tips-for-obtaining-a-real-estate-credit\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"8 conseils pour obtenir un cr\u00e9dit immobilier - 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