French Property Forum

[Noeli]

Hi,

What should I know when contracting from a French lender?

Thanks

[J Foreman]

If obtaining a mortgage is essential to purchasing your French real estate, insist on having a clause to that effect inserted into your Preliminary Sales Agreement, often called the Compromis de Vente or Promesse de Vente.

Life Insurance is a mandatory loan requirement.

You can approach banks directly or use a broker to help compare loan offerings from various sources.

Other things to know regarding French mortgage tips for foreign investors