Tag Archives: Mortgage deposit requirements Switzerland

Source: Raiffeisen - Click to enlarge The bank Raiffeisen has dropped its attempt to reduce minimum deposit requirements for home loans, according to RTS. Last autumn, it unveiled plans to reduce loan deposit requirements. However, last week, the bank announced that FINMA, Switzerland’s financial regulator, was opposed to the idea. FINMA sets guidelines for mortgage lending in Switzerland which banks follow. Anyone...

The bank Raiffeisen has dropped its attempt to reduce minimum deposit requirements for home loans, according to RTS. Last autumn, it unveiled plans to reduce loan deposit requirements. However, last week, the bank announced that FINMA, Switzerland’s financial regulator, was opposed to the idea. Source: Raiffeisen FINMA sets guidelines for mortgage lending in Switzerland which banks follow. Anyone wishing to use mortgage finance to purchase a home must meet three requirements. First, they must...