Previously set at 0.5%, the rate of the Homeownership loan offered by Action Logement, a home loan granted to people with low incomes, will increase to 1.5% from March 1, 2023.
Bad news for applicants for the Accession loan from Action Logement. Hitherto fixed at 0.5% (excluding insurance), the interest rate of the Accession loan will pass 1.5% excluding insurance as of March 1can we read on the site ofHousing action. And the latter could still evolve, since this loan will benefit from March 1, 2023 from a fixed rate which may be adjusted by Action Logement Services if the evolution of market conditions so requires.
Aid of up to 40,000 euros
As a reminder, the Accession loan helps certain borrowers finance their real estate project for a maximum amount of 40,000 euros. To take advantage of this, the borrower must be an employee of a non-agricultural private sector company with 10 or more employees, and buy a home in mainland France or in the DROMs.
In addition, the dwelling, if acquired new, must meet certain energy performance conditions. Old homes, sold by a social housing organization as part of the HLM sale, must report an energy performance diagnosis (EPD) between A and E. Finally, certain means conditions apply.
Find the lowest rate for your real estate project!
If you think you are eligible for this loan, the steps are as follows. First, you need to log in to the Membership Platform, then test your eligibility. In the event of a positive response, you can make an online request by filling in the supporting documents requested. Please note, however: the maximum time limit for completing a request on the Accession platform is 30 days.