Switzerland Overseas Mortgage - CCC Financial

Switzerland Overseas Mortgage

We have overseas mortgage lenders who will :- give 100% mortgages accept adverse credit history mortgages with no deposits.

Includes Swiss residential property.

Loans available for the majority of Nationalities for either House Purchase orre-financing for Home Improvements (other purposes on a case by case basis).

Type of Loan: Repayment Mortgage only (although 5 year Interest only Reviewable Mortgages alsoconsidered)

Minimum:£ 150,000 with no maximum (minimum Purchase Price of approx £500,000), subjectto 80% of (UP TO 100% LTV).

Borrowers must have at least £500,000 in free assets available

We have a flourishing 'self cert' scheme both in Sterling and Dollar. It's very popular and has the same interest rates as full status.

Proof of Income: It is a requirement in all cases that borrowers are able to provide proof ofincome. The definition of income may vary from one lender to the next, butgenerally comprises earned income, pension, rental income and investment income.Each lender may have a different approach in making allowance for a particulartype of income, when they establish the maximum loan available for a borrower.

Non-status loans are not available at this stage.

Term:Maximum 35 years for loans up to 60% and maximum 20 years for loans up to 80% -up to borrower being age 70

Currency:Swiss Francs only

Current Variable Interest Rate in Swiss Francs: from 2.25% although loans of a higher LTV% are charged at a slightly higher rate