The various loans subsidized by the State
We will try to review the various soft loans that may be encountered that are likely to be part of the borrower’s financing plan, knowing that most of them are conditional .
On the other hand, home ownership support has been the subject of many reforms. First in January 2011 and then in the new Finance Act for 2012 and finally more recently with effect from January 1, 2013.
While some aid has disappeared like the device of the land pass or the reduction of taxes on the interests of loan, others have undergone modifications in depth .
This is the case for the new zero-rate loan, which has been modified several times in recent years.
To know : most of the loans are reserved for a first real estate purchase.
History of the zero interest loan
Changed quite generously in January 2011 when the government “opened” the PTZ to all borrowers with no income ceiling, the aid underwent a clean cut in the last Finance Law.
The 2012 PTZ reintroduced the concept of income and was refocused to the only purchases of principal residences in the new.
Lastly, the last 2013 effect does not change much except for low-income households in the two lowest brackets, who will benefit from a total grace period.
The employer loan
The employer loan is another type of enhanced loan. It is reserved for employees working in a company of more than 10 people. Like the zero rate loan, it concerns the principal residence but is not subject to income conditions.
The official loan
The civil servant loan is a specific loan reserved for public service employees (incumbents or assistants) only. Also intended for the acquisition of the principal residence, it is nevertheless reserved for the beneficiaries of a SAP.
The PAS loan is a loan for low-income households that allows a rate capped by the government and remains subject to income conditions. It must concern the acquisition of the principal residence. However, given the market conditions, this cap is absolutely not competitive.
One advantage however, the SAP allows to claim the APL (personalized assistance to housing)
The loan agreement
As before, the loan agreement allows to benefit from a capped rate but is not subject to conditions of resources. Like the SAP, it allows to claim different housing aids like the APL
There are other subsidized loans such as the EDF loan, the Eco loan. All have specificities and often reduce the monthly payments of his credit.
See the different articles on loans
- Loans granted by mutuals
- Local subsidized loans
- Get a credit for the work of your house
- Negotiate a loan for a rental investment