Mortgage Broker And Currency Exchange Service

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 almost impossible to get a mortgage from your home bank in the US for a French property; reason is they cannot value it.

The good news is it is possible to get a mortgage in France, usually via a specialist mortgage broker, with 30% down.  And mortgage rates are currently extremely attractive, in the region of 3%.

Excellent Mortgage Broker: We’ve worked with an excellent team in Paris for many years and most of our owners have obtained very favorable mortgages from them.  Their current rates for long term mortgages are in the region of 3%, extremely appealing.

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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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