Real estate loan

Cashare offers two types. They differ in who provides the loan.

• Subordinated real estate loan: a loan secured by a mortgage lien on your property. Investors fund it through the platform. As a rule, it ranks behind your bank's mortgage. Learn more
• Mortgage brokerage: For a mortgage, we obtain offers from various banks and insurance companies free of charge. The mortgage is granted by the partner, not by Cashare. Learn more

The Consumer Credit Act (CCA) does not apply to loans secured by a mortgage lien. Deadlines and fees therefore differ from those for personal loans.

We offer mezzanine financing only on request. Please contact our support team.

A subordinated real estate loan, also known as a loan with subordinated security, is a loan that you secure with your property. Investors fund it through the platform. It is a separate loan, in addition to an existing mortgage from your bank.

• Security: a mortgage note on your property (mortgage lien).
• Ranking: As a rule, the loan is subordinated, that is, it ranks behind your bank's mortgage. First rank is possible but rare, for example for special properties or building land.
• Amount: for private individuals, CHF 50,000 to CHF 1,000,000. For companies, the amounts of the SME loan apply, up to CHF 1,000,000.
• Loan-to-value: up to 80% of the estimated value, including the new loan.
• Use: for example for a renovation, an investment, debt consolidation or bridge financing.

Because the loan is secured by a mortgage lien, the Consumer Credit Act (CCA) does not apply. Instead of the revocation period under the CCA, a withdrawal period of 14 days from receipt of the signed contract applies. How it works is explained in How does a subordinated real estate loan work?

• Loan-to-value: All loans on the property together, including the new loan, normally amount to no more than 80% of the estimated value.
• Property of sufficient value: The property must fully cover the loan. Its value is determined by a valuation.
• Repayment: It must be clear how you will repay the loan, for example from your income or from the sale or refinancing of the property. To assess this, we check your creditworthiness.

For the review, we usually need the land register extract, proof of building insurance, and plans and photos of the property. You can see in the application which documents about you or your company are also needed.

1. Enquiry: Companies apply using the SME loan application and state that a property serves as security. Private individuals contact the support team.
2. Review and valuation: We review your application and have the property valued.
3. Offer: You receive an offer with the interest rate and conditions.
4. Funding: If you accept the offer, we publish your loan project on the platform. Investors fund it.
5. Contracts and security: After the funding, you receive the contracts. You sign them and send them back to us. At the same time, the mortgage lien is established.
6. Withdrawal period and payout: You can withdraw from the contract within 14 days from receipt of the signed contract. After that, we pay out the loan as soon as the security has been established and we have all the documents.
7. Repayment: You pay interest and amortisation to Cashare. We allocate the payments to the investors and pass them on.

How long it takes until the payout mainly depends on the valuation and on establishing the mortgage lien. You can see the status of your application in your account.

The application is free of charge. We deduct the platform fee once, at payout. If the funding does not go ahead or you withdraw within the withdrawal period, it is not charged.

The valuation of the property costs extra. If you repay the loan early, the fee for loans outside the Consumer Credit Act (CCA) applies.

You can find all amounts in the fee schedule.

Cashare does not grant mortgages itself. We pass your enquiry on to various banks and insurance companies and obtain offers from them. This way, you can compare several offers with a single enquiry.

The brokerage is free of charge for you. If a mortgage is concluded through our brokerage, we receive a commission from the partner.

You conclude the contract directly with the bank or insurance company. It reviews your enquiry and decides on the mortgage. How to submit an enquiry is explained in How do I apply for a mortgage?

The bank or insurance company we refer you to decides on the mortgage. The requirements differ from partner to partner. As a rule:

• Equity: at least 20% of the purchase price or the investment.
• Affordability: Your income must be able to cover the costs of the mortgage, that is interest, amortisation and ancillary costs, over the long term. The partner decides how affordability is calculated.
• Creditworthiness: a stable income and a debt collection register extract without entries.
• Valuation: The bank or insurance company values the property itself.
• Place of residence in Switzerland or a valid residence permit.
• Age: The partners set any age limits.

For companies, the partners usually also require the annual financial statements for the last two years, the tax returns and a current debt collection register extract. The purpose must be clear, for example purchase, construction, renovation or refinancing.

For the property, you usually need the land register extract, proof of building insurance, and plans and photos. For a construction project, the building plans and the cost breakdown are also needed.

Fill in the mortgage enquiry. We will get in touch with you, discuss your plans and obtain offers from our partner banks and insurance companies.

How long it takes to get approval depends on the bank or insurance company and on your documents. It is quickest if your documents are complete.