If you are interested in getting a mortgage, apply before you begin your search.  Do this in advance: it not only affects your budget, but it gives your offer a higher position for a seller to accept your offer. Note: It’s not possible to get a mortgage from your home bank in the US for a French property and it’s almost impossible for a US bank to foreclose on a foreign property.
The good news is it is possible to get a mortgage in France as a non-resident buyer, but you’ll need a specialist mortgage broker. French banks typically finance 70 to 80% of property price and rates in France are very attractive - historically much lower than other non-European countries.
Excellent Mortgage Broker: If you are interested in learning more or perhaps getting pre-approved to borrow in France, look no further. We have built a trusted relationship with the leading international mortgage broker in France over many years. Our owners have been delighted with the rates and conditions obtained and excellent customer service afterwards.
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Open an account with a foreign currency exchange firm. You will save thousands in wire fees plus obtain the best exchanges rates by using a registered currency exchange firm. We recommend Shaun Dash at Newbridge FX. Exchange rates are as close to the interbank rates as you can get and the wire fees are low. Contact him at: [email protected]
Please read more about our tips here, including:
Tip 1: Full or Shared Ownership in Paris
Tip 2: Finding the Perfect Location to Buy in Paris
Tip 3: Mortgage Broker And Currency Exchange Service
Tip 4: Find The Absolute Best Apartment; Don’t Settle For Less
Tip 5: Getting the Best Results from Paris Real Estate Agents
Tip 6: Remodelling Costs in Paris
Tip 7: If You’re Not 100% Certain...
Tip 8: No MLS in France: The Value of a Good Search Agent
Tip 9: How does the Purchase Process Work in France?
Tip 10: Can I rent my Paris apartment short term?
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