€550,000 mortgage loan to purchase a ski Châlet in the French Alps

Our clients, an American family residing outside the US, were looking for a mortgage to finance the purchase of a family sky Châlet in the Alps. Out of 5 shareholders of the newly created SCI, only one had documented income, all be it substantial.

€550,000 mortgage loan to purchase a ski Châlet in the French Alps

AB Private Finance solution : 20 year 80% LTV capital repayment mortgage loan at a fixed rate of 1.8% for an amount of €550,000. The mortgage loan was secured on the French Châlet. The lender also took a pledge against a portfolio of securities with a gross value of €150.000.