100% financing home purchase - tips for banks / intermediaries?

We have the chance to buy a renovated house with a secure income under conditions where, with a repayment rate of 2 to 2.5%, the costs are about the same as the local rent. (We are talking about €500 cold :) Yes, here in the rural area, property prices are rock bottom.)

At least, this is what results from my "back-of-the-envelope calculation" with usual mortgage calculators.

Our only problem: The equity is enough for the necessary renovation materials (floor coverings, replacement of sanitary ceramics, paints, etc.) and for the obligatory fitted kitchen. Possibly, the incidental costs (thankfully without broker commission) are also covered. So we would have to finance 100% of the purchase price and possibly value-increasing renovation measures, e.g. replacement of the heating boiler (otherwise everything is fine).

Which bank would be best suited for such 100% financing? Where are there currently favorable conditions for this?
Would there be a reasonable (and low-risk) alternative to a pure mortgage loan?

Tips like "20% equity" are not necessary for us. The opportunity is here now, and the burden is no higher than the rent we currently pay and will always have to pay. Therefore, the step now and not after saving up a few tens of thousands of euros.

Thanks for your tips, experiences, and ideas!

Regards

Lutz

Approach your house bank, local savings bank, or Genobank, contact the two well-known large credit brokers and see what comes out.

A 100% financing is no longer a magic trick.