In Brief (TL;DR)
A complete guide to all the benefits and requirements for young people under 36 looking to buy their first home in 2025, with a detailed analysis of the opportunities offered by the Consap Guarantee Fund and other available tax incentives.
Discover the main support measures, from the Consap Guarantee Fund to tax exemptions, and the requirements needed to apply for them in 2025.
We analyze the necessary requirements and the steps to follow to access these important opportunities for purchasing your first home.
The devil is in the details. 👇 Keep reading to discover the critical steps and practical tips to avoid mistakes.
Buying a first home is a major milestone in the lives of many young people, a dream that combines tradition with a desire for stability. In a complex socioeconomic context like today’s, characterized by less linear career paths than in the past, accessing credit can be a significant hurdle. For this reason, Italian institutions have implemented specific measures to support younger generations. Mediterranean culture, and Italian culture in particular, places a deep value on homeownership, seeing it not just as a material asset but as the heart of family and personal life. This guide analyzes the opportunities available in 2025 for those under 36, with a focus on financial innovations aimed at making this goal more accessible.
The path to securing financing is often perceived as complex, especially for those entering the real estate market for the first time. Younger people typically have limited savings and lower initial incomes compared to those with more work experience. In this scenario, government benefits are not just a help, but a true key to accessing the credit market, allowing them to overcome barriers that would otherwise seem insurmountable and turn an aspiration into a concrete project.
The First Home Mortgage Guarantee Fund: Real Assistance
The main tool supporting young people is the First Home Guarantee Fund (Fondo di Garanzia per la Prima Casa), managed by Consap on behalf of the Ministry of Economy and Finance. Established in 2013, this fund provides a public guarantee on the mortgage, reducing the risk for lending institutions and, consequently, making it easier to grant the loan. With the 2025 Budget Law, this important measure was not only confirmed but also refinanced and extended until December 31, 2027, ensuring an unprecedented three-year stability. This continuity offers crucial security for those planning a medium-term purchase.
The real innovation for those under 36 lies in the enhanced guarantee. For those who meet specific requirements, the state coverage can reach up to 80% of the principal amount of the mortgage. This intervention is crucial because it allows banks to issue loans that exceed the standard 80% loan-to-value threshold, in some cases covering the entire purchase price (100% mortgage). This way, even those who lack the initial cash for a down payment, typically 20% of the price, can realistically consider buying a home.
Requirements to Access the Benefits in 2025
To benefit from the enhanced 80% guarantee, the age requirement alone is not enough. A series of specific conditions must be met, designed to direct the aid to those who need it most. The applicant must not have turned 36 years old in the calendar year the purchase deed is signed. Additionally, a valid Equivalent Economic Situation Indicator (ISEE) of no more than €40,000 per year is required. This parameter ensures that the support is targeted at young people and families whose economic situation requires assistance in accessing credit.
In addition to personal requirements, the property and the loan must also meet certain criteria. The home to be purchased must be a “first home” and must not belong to luxury property categories (cadastral categories A/1, A/8, A/9). Finally, the mortgage amount cannot exceed €250,000. It is important to note that those who, despite being under 36, have an ISEE above the €40,000 threshold can still access the standard state guarantee, which covers 50% of the mortgage’s principal amount.
What’s Changed in 2025: Focus on the Guarantee
It is crucial to understand the evolution of these benefits. Until December 31, 2023, the “Under-36 First Home Bonus” also included significant tax exemptions, such as the waiver of registration, mortgage, and cadastral taxes, and a tax credit on VAT for those buying from a developer. With the new provisions, these specific tax benefits for those under 36 have not been extended. As of January 1, 2025, the only major advantage dedicated to young people is facilitated access to the Consap Guarantee Fund with enhanced coverage.
This change shifts the focus from tax savings to support in obtaining credit. The public guarantee of up to 80% remains a powerful tool, directly impacting the ability to get a first home mortgage approved. For young people, often with non-standard or fixed-term employment contracts, passing the bank’s creditworthiness assessment is the main challenge. The state guarantee mitigates the risk for the financial institution, effectively making financing more accessible and allowing for potentially more favorable terms.
Tradition and Innovation in the European Real Estate Market
The desire to own a home is deeply rooted in Mediterranean culture, a value that unites generations. With these measures, Italy aligns with other European countries that have implemented programs to support first-time home purchases for young people, albeit with different methods. The Italian approach combines tradition, by recognizing the social and economic importance of homeownership, with innovation, through modern financial instruments like the Guarantee Fund. This initiative is not just financial aid, but a sign of confidence in the new generations, encouraging their independence and the building of a stable future.
A comparison with the rest of Europe shows growing attention to the housing difficulties of young people. However, the Italian model, based on such a high state guarantee, represents an interesting case study. It helps overcome one of the biggest obstacles: the lack of cash for a down payment. Tackling the mortgage application process requires preparation; it is essential to gather all the necessary documents for the mortgage and understand each phase, from the preliminary review to the final deed, to avoid surprises and proceed with confidence.
How to Apply Step-by-Step
Accessing the Guarantee Fund is a process handled directly through the bank or financial intermediary from which you are requesting the mortgage. The first step is to find a lending institution that participates in the initiative (the list is available on the Consap website). Next, you proceed with the mortgage application, specifying that you want to use the Fund’s guarantee. The bank itself will submit the application electronically to Consap after verifying the completeness of the documentation and the existence of the preliminary requirements.
The required documentation includes, in addition to the standard personal and income documents for a mortgage, a valid ISEE certificate to prove you are within the €40,000 threshold. Once the request is received, Consap has about 20 days to communicate the outcome to the bank. If approved, the bank can proceed with finalizing the loan. It is a structured path that, if approached with the right preparation, can lead to achieving a fundamental life goal, such as owning your own home.
Conclusions
The benefits for the under-36 mortgage in 2025 represent a concrete and strategic opportunity for young people who want to buy their first home in Italy. Although the tax exemptions of the past are no longer active, the three-year extension and enhancement of the Consap Guarantee Fund constitute a fundamental pillar for accessing credit. The ability to obtain a state guarantee of up to 80% of the principal opens the doors of the real estate market even to those without a substantial down payment, aligning the dream of homeownership with the economic realities of the new generations. This measure blends the traditional value of home with the innovation of financial tools, offering targeted and decisive support for building one’s future.
Frequently Asked Questions
In 2025, the mortgage for young people under 36 primarily involves access to the First Home Guarantee Fund managed by Consap. This measure, extended until December 31, 2027, allows young people under 36 with an ISEE not exceeding €40,000 to obtain a state guarantee of up to 80% of the mortgage amount for the purchase of a first home. This makes it easier to obtain loans that can even cover 100% of the property’s value, overcoming the hurdle of the initial down payment. Unlike previous years, however, it no longer includes tax exemptions such as those on registration, mortgage, and cadastral taxes.
To access the under-36 mortgage benefits in 2025, you must meet specific requirements. The applicant must not have turned 36 in the year the deed is signed and must have an ISEE (Equivalent Economic Situation Indicator) not exceeding €40,000 per year. Additionally, they must not own other residential properties, with some exceptions, and the requested mortgage amount cannot exceed €250,000. The property to be purchased must not fall into luxury cadastral categories (A1, A8, A9).
The First Home Guarantee Fund, managed by Consap on behalf of the Ministry of Economy and Finance, acts as a public guarantor for the mortgage. For priority categories, such as young people under 36 with an ISEE up to €40,000, the guarantee can cover up to 80% of the loan’s principal amount. This reduces the risk for banks, making them more willing to grant high-value mortgages, even exceeding 80% of the property’s value. The application for the guarantee is not submitted directly to Consap, but to the bank or financial intermediary from which you are requesting the mortgage, which will then forward the application.
If your ISEE exceeds the €40,000 threshold, you will not be able to access the enhanced 80% state guarantee reserved for priority categories. However, you may still be eligible for the standard Consap Fund guarantee, which covers 50% of the mortgage’s principal amount, provided you meet the other requirements of the Fund’s general regulations. This option remains a valuable aid for facilitating access to credit for a first home purchase.
Yes, the main benefits related to the Consap Guarantee Fund for first home mortgages for those under 36 have been extended. The Budget Law has extended the measure’s validity until December 31, 2027, ensuring three years of support. This extension, however, specifically concerns the enhanced state guarantee and no longer includes the tax exemptions on the purchase deed that were in effect in past years, except for specific transitional conditions for those who had already signed a preliminary agreement.
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