Yes, it may be possible to get a mortgage loan without your own savings. The Finnish loan-to-value regulation does not automatically mean that you must have savings. Instead, it limits the loan amount in relation to the collateral provided for the loan. If your repayment capacity is sufficient and the loan has adequate collateral, it…
Yes, it is often possible to stay in the shared home after a divorce if you can buy out the other party’s share and the bank approves the financing based on one person’s income. In practice, the solution depends on repayment capacity, the collateral value of the home, and whether additional collateral is needed. In…
Your own home should not depend on your background – A mortgage guarantee is an equal path to the housing market Economic uncertainty and the employment situation are currently top of mind for those considering buying a home. At the same time, many wonder if owning a home is only achievable for those with wealthy…
Traditionally, home loan collateral has been a family matter. Now, traditions are changing: an increasing number of Finns are choosing professional mortgage guarantees over collateral provided by relatives. More than 100,000 Finnish home dreams have already been realized with the help of a Garantia guarantee. What is behind this popularity? When searching for a home,…
A recent study by the VATT Institute for Economic Research sheds light on an interesting phenomenon in the housing market: Selling an apartment at a loss feels so unpleasant that it slows down the mobility of Finnish households. In addition to high purchase and selling costs, migration is hindered by nominal loss aversion. This is…
Purchasing a home and selecting a residential area are based on your individual needs and desires. While immediate needs may be emphasized when choosing a location, it is also important to consider the long-term phenomena brought about by megatrends. Garantia picked out four essential points from Hypo’s recent Housing Credit Rating that a home buyer…
Buying a first home – How to choose your dream home and secure financing with Garantia’s mortgage guarantee Buying your first home is one of the biggest and most exciting steps in life. In addition to dreams, it often raises many questions, especially for first-time buyers. How do I know how to choose the right…
Your own home with Garantia’s mortgage guarantee Buying your own home is often one of life’s biggest dreams and most significant financial commitments. For many first-time buyers or families looking for a new home, Garantia’s mortgage guarantee can be the decisive factor that turns a dream into reality. But how exactly does a mortgage guarantee…
Garantia has been used in the purchase of over 100,000 Finnish homes. Many of us have friends, relatives, or colleagues who have used Garantia’s home loan guarantee when buying a home. However, there are many beliefs associated with home loan guarantees, and not all of them are true. For more detailed information about the product:…
Is it a good idea to buy your first home in 2025? This is a question that many ponder. The future is hard to predict, but it can be said that the current market situation seems favourable for first-time homebuyers if their personal finances are in order. Below are five different perspectives to support your…
