After several years of restrictions, the down payment required to obtain a mortgage is beginning to decline. This is an encouraging sign for borrowers with limited savings. But can you really get a loan without a down payment in 2025? And under what conditions?
Who will be able to borrow without a deposit in 2025?
10% of the amount borrowed. This is the minimum personal contribution that banks generally require to agree to lend you money for a property purchase .
This 10% contribution is most often used to finance additional costs linked to your acquisition, such as notary fees , agency fees and guarantee fees .
Borrowing without a deposit: mission impossible?
However, banks sometimes agree to bend this rule. This is known as a ” 110% loan .” But these mortgages with no down payment are not accessible to everyone.
To qualify, you’ll need to show your credentials . Especially since, with soaring interest rates – quadrupled between the start of 2022 and the end of 2023 – banks have significantly tightened their lending conditions .
The proof: between 2019 and 2024, the average deposit jumped by 45.8% for existing properties and by 19.4% for new properties. Borrowing without a personal contribution had therefore become (almost) mission impossible.
Towards more flexible credit conditions
But the wheel turns. ” The personal contribution rate required has fallen in 2024 ,” notes Michel Mouillart, professor of economics and member of the Crédit Logement/CSA Observatory, in the columns of Capital .
In detail, the personal contribution rate for new real estate fell from 18.1% to 16.6% between the fourth quarter of 2023 and the end of 2024. This represents a decrease of 1.5 points , according to the Crédit Logement/CSA Observatory.
In the existing market, the decline is even more marked ( -2 points ). The contribution rate thus falls from 22.7% to 20.7% . The explanation? After reaching a peak of 4.5% in December 2023, rates are falling.
Who will be able to borrow without a deposit in 2025?
For a 20-year loan, the average rate now fluctuates between 3.20% and 3.35% , according to the broker Meilleurtaux . As a result, banks are becoming less hesitant to lend money.
In 2025, it could therefore become possible to borrow with little or no down payment. But only for (very) good borrower profiles .
There is no law that requires you to respect a minimum period before reselling a property that you have acquired on credit. And for good reason: you are the owner! No bank therefore has the power to prevent you from doing so. You have two options: pay off your mortgage early upon the sale of your property or – if a clause in your loan agreement stipulates it – transfer your mortgage to acquire a new home .