Are you Captain, Engineer, or Crew on a Superyacht looking for a French Mortgage?

No Income Tax Returns……but a stable income within the yachting industry?

French Mortgage Xpress has been working within the French Mortgage field in France since 2004 and has assisted many clients within the yachting industry to purchase properties in France. Knowing some of the difficulties that a ‘non-tax status’ can bring, French Mortgage Xpress are perfectly placed to offer you a bespoke product designed specifically for people working within the yachting industry and looking for a French Mortgage.

3.10% repayment loan, minimum 30% deposit

Loan Characteristics:

• Minimum Loan Amount: €100,000  Maximum €1,000,000

• Minimum Down-Payment: 30% of Purchase Price

• Interest Rate: 3.10%

• Term: 10 to 30 years

Documents Required:

• A photocopy of each borrower’s passport.

• A photocopy of each borrower’s birth certificate.

• Photocopy of marriage certificate if applicable.

• A letter from your captain or management company specifying your position, length of service, and monthly income. If you have been there less than 2 years please also provide a copy of   your previous work contract .

• Justification of your personal contribution (proof of down-payment) eg. bank account statement, building society statement showing you have the funds for down-payment,

• Photocopies of the last 6 consecutive monthly bank statements showing income, loans, mortgages & regular outgoings .If you have more than one bank account please indicate clearly where your salary is deposited each month.

• Details of any existing loans and mortgages (schedule of repayment),

• A copy of your “Compromis de Vente” or Reservation Contract of the property you intend to buy.

• Signed completed application form and health questionnaire.