Get a better rate with the real estate loan dedicated to civil servants: national education, territorial function, hospitals, trainee, holder, contractual, we explain everything to you.
The home loan for civil servants
The mortgage allows you to finance the acquisition of real estate and / or finance works, this loan is possible from $ 75,000 and often requires a guarantee (mortgage, surety as for example with the mutual guarantee official or again SACCEF). In the case of a first acquisition, it is possible to benefit from state aid such as the zero rate loan (PTZ), subject to resources and to a certain extent.
Many civil servants each year pass the course to become the owner of their real estate, whether in primary residence or in secondary residence. Thanks to their statutes, they can benefit from advantages on home loans, whether in terms of rates, in terms of guarantees or in terms of loan conditions.
The advantages of a mortgage for civil servants
The contract
The public service provides a more stable position than the private sector and the banks have realized that civil servants are a safe bet, some consider the contractual contract as a potential permanent contract, moreover certain professions such as the AESH for example must complete 6 years of CDD before going to CDI. A permanent official or trainee will not encounter any problems in embarking on mortgage loan procedures.
The caution
Who says mortgage says collateral, and necessarily, there must be security for the bank. The home loan can be concluded in two ways, either with a mortgage (scale of notaries), or with a deposit (specific rates) and on this second option solutions are entirely dedicated to civil servants. This is for example the case of the SACCEF surety which operates in the form of a contribution paid at the start of the loan. The civil servant mutual guarantee works on the principle of mutualisation of risks, with often low contributions. The organizations offering these mutual guarantees are the following: MGEN, MAI, MFP, MPIR, MUTARIS CAUTION, CNG / MG, INTERIALE, UNION MUTANE, FMGM / AGPM, GMPA.
The rate
An official seeking a mortgage, even without personal contribution, can benefit from advantageous conditions because his situation presents a real asset for the banker. The proposed rates are often more advantageous, or at least more easily negotiable because the domiciliation of bank accounts represents a real asset for the establishment. Another point, file fees can often be negotiated, especially since some banks specializing in civil servant profiles systematically offer them.
Real estate loan without contribution for civil servants
A civil servant who finds himself without a contribution can completely obtain a mortgage since certain credit institutions have specialized in this type of financing. The contribution allows in a classic request to settle the costs related to the establishment of financing but without contribution, nothing prohibits the bank and especially the borrower official to take out a mortgage. We regularly talk about a 110% mortgage, this is the amount of the loan increased by 10% to cover the costs of the operation. Good to know: without input, a civil servant can count on his borrowing profile by highlighting his account statements and good financial management, arguments which in addition to job stability reassure bankers. The simulator takes into account requests for real estate loans for civil servants without personal contribution.
Simulate online financing
To obtain a first feasibility opinion and to begin a comparison of the best offers of the moment, the mortgage loan simulator dedicated to civil servants is the best solution. This free and non-binding form allows you to present your financial situation and specify the amount of the desired home loan. After validation, the first offers are quickly communicated, which makes it possible to compare them and move towards the most financially attractive. It is good and useful to specify that as part of a home loan offer for civil servants, borrower insurance is not always included in the proposal, this element can also be negotiated with a company. insurance specializing in public service profiles.
