French Mortgages
Fortier is located in the heart of the French Riviera and has unrivalled expertise in obtaining high-value mortgages.
French Mortgages
Fortier is located in the heart of the French Riviera and has unrivalled expertise in obtaining high-value mortgages.
Mortgages in France
KNOWLEDGE AND EXPERTISE
We have established ourselves as a leading mortgage brokerage in Europe, with a specific emphasis on prime lending locations in France.
Our reliable network includes domestic banks, challenger banks, and private banking institutions, allowing for a diverse range of financing requests.
This comprehensive network enables us to effortlessly connect our clients with the most suitable financial partners, ensuring a personalised approach to meet their specific funding needs.
How we can help
French Retail Banks
Mortgage range: €1,000,000 – €5,000,000
Most domestic banks in France provide capital and interest mortgages only.
Loan to value (LTV).
- Up to 90% LTV for French expatriates (not in US or UAE).
- Up to 80% LTV for European & Schengen Countries.
- Up to 70% LTV for US residents (best case scenario).
- Up to 65% LTV for UAE & other territories.
Duration of mortgage facility.
- Maximum 20/25-year term (subject to age of borrower)
*Interest only solutions available subject to placing assets or cash with lender for the duration of loan period.
Key Considerations
Mortgage Capacity
Proof of income
(average net income) and not suitable for entrepreneurs or individuals with a ‘complex’ income.
Age of borrower
No financial covenants
No financial covenants or very low compared to private banks but barriers to entry are high (discuss with broker).
Mortgage insurance
Currency exchange
Challenger Banks
Mortgage range: €1,000,000
Challenger banks redefine the norms of traditional banking by offering alternative solutions tailored to the needs of high-net-worth borrowers.
Hybrid mortgage
- Up to 100% LTV.
o 70% capital and interest.
o 30% interest only.
o Maximum 20/ 25-year term (subject to age of borrower).
o Assets Under Management (AUM) pledged with lender for duration of loan facility.
The selection of an investment strategy is the responsibility of the borrower(s), and any related risks must be assumed by the borrower. This option might not be suitable for low-risk borrower.
Key Considerations
Interest only
Interest only options for high-net-worth borrowers with a clear repayment strategy.
Mortgage capacity
Hybrid solution
Assets under management
Assets under management (AUM) is when a lender requires an investment portfolio to support a mortgage facility. This might also include a cash reserve or deposits (case by case).
Banking fees
Mortgage insurance
Mortgage insurance might be required (discuss with mortgage broker).
Private Banks
Mortgage range: €2,000,000 +
Private banks often cater to high-net-worth individuals (HNWIs) by providing custom-tailored credit and lending solutions with favourable terms and conditions.
HNWIs benefit from exclusive banking services, such as dedicated relationship managers, financial planning, and a range of tailored wealth management solutions.
- Up to 100% LTV.
- Interest only.
- 10-year term.
- Partial capital and interest to be included at request of borrower(s).
- Maximum 20-year term.
- Assets Under Management (AUM) required to support mortgage solution (case by case).
- Up to 50% LTV renovation work available post purchase (case by case).
It’s important for HNW individuals to choose a private bank that aligns with their financial goals and preferences.
The relationship between a private bank and it’s client is often built on trust and deep understanding of the financial situation and objectives of client.
Key Considerations
Interest only
High cost and high-risk lending product are not suitable for retail investors (discuss with broker).
Mortgage capacity
Family office
Wealth management
Banking fees
Mortgage insurance
Privacy and confidentiality
Disruptive Bank
Mortgage range: €1,000,000 +
Flexible mortgage products are available with a handful of financial institutions that challenge traditional lenders.
- Property held in a personal name or SPV only (discuss with broker).
- Up to 65% LTV for prime lending location (case by case).
- Interest only.
- Up to 50% LTV renovation work available (case by case).
- Interest only.
- Maximum 5-year term.
- 6 to 12 months Interest payment reserve required with lender (case by case).
Key Considerations
Interest only
Mortgage capacity
Rate
Cash reserve
Privacy and confidentiality
Bridging & Development Loans
Funding range: €1,000,000 +
Short-term funding solutions secured against a prime property in the following locations.
- Paris
- Cote d’Azur
- French Alps
- Provence
Product specifications:
- Holding structure: French SPV (or alternative options available).
- Up to 70% LTV (case by case).
- Rate from 0,65% per month (case by case).
- Maximum term of 3-years.
- Minimum period of 3 months.
- Arrangement fees: (case by case).
- Broker fee: (case by case)
Suitability of product:
- HNW individuals.
- Property professionals only – minimum of 2 projects.
- Clear repayment strategy with lender(s).
Key Considerations
High cost
High cost and high-risk lending product are not suitable for retail investors (discuss with broker).
