LOAN BROKERAGE FRANCE
Your project is to buy a property in France !
Fantastic, we will assist you with the financial part.
WHO WE ARE
"Loan Brokerage France” is a brand of SOCIETE2COURTAGE which is the leading brokerage agency dedicated to French expats, non-residents who will buy in France.
Our mandate is to get you the best financial conditions from French banks.
The company is led by Jeevanthy Nivert, who has a financial background and acquiered a lot of expertises
in the banking field for non-residents, foreigners.
Thomas Nivert, is supporting the operations with admin, compliances and business development activities.
Our office is located at Saint Germain en Laye near Paris and composed of 7 people.
Code of conduct:
Our business deals with money, which is a sensetive topic where a trusty and
transparent relationship plays a critical role.
As such, we purposely do not sell any investment nor insurance solutions and have for sole interest to get the financing for which our clients mandated us.
Am I eligible for a loan ?
Based on French law, anybody can buy properties and real estate in France.
It goes the same way with bankability where anyone is buying a property in France he/she is eligible to get a loan from French bank.
The truth isn’t that straight but you could consider that there is no legal barrier, which it's a good start!
What are the eligibility criteria for a loan ?
There will have 2 main paths that matter:
The first will be your financial strength where your debt ratio (after project) shall not exceed 30-35%.
The second deals with your relationship with France and personal project.
Why do you want to invest, what ‘s your goal, purpose…?
Common features for an housing loan in France
Length 20 years (might go up to 25 in some cases).
Fixed interest rate ranging from 2.20% to 2.70% (as of September 2022).
Interest only loan (in-fine) up to 15 years.
Cash injection range from 10% to 30% of the project.
Collateral varies from 10-50% depending of the project.
Loan insurance not mandatory but a common practice in the industry.
If new building being built (VEFA), up to 2 years franchise before instalments start.
Renovation work can be financed.
Real estate agent’s fee can be financed (3-5%).
Notary fee can’t be financed (7.5%).
Financing opportunities when buying a property in France
General patent for foreign buyers
100% cash injection
Commonly, remortgage back home
For a premium location,
the average return of the past
10-15 years will range to 2.5% Y/Y.
LBF's value proposition
Aim at leveraging 50 - 100% of
the asset's value + renovation cost
A collateral shall be provided to the
bank on 10-15 years timeline,
the yield shall be greater.
What we do
Our aim is to advise you, toward the financials options available and get it done !
That's why, we will have to ask many questions about your financial and personal situation and analyze your documents (bank statement, employment contract…)
What we don't
We are not engaged with real estate agencies and/or search of real estate.
We are not selling any financial / insurance products aside from the real estate transaction for which our clients appointed us.
The customer’s journey:
1h call is generally enough to validate your project
Signature Search Mandate
Needed to approach banks on your behalf
Deep dive call
Understanding you and your project in depth
Review, adjustments and validation of the financing solution
Processing, account opening and edition
Monthly statements… will be needed along the flow. Bank may ask document along the instruction. A physical meeting at the branch might be needed (part of the bank’s KYC)
Release of funds
Funds are wired to the Notary office
Payment of broker fee
Our payment is due once funds are released from the bank
Why using our services
Increase your chance of success
Reduce your risk of losing the security deposit paid to seller
Guide you thru choices and options available
Get you the attractive conditions from bank(s)
To get a loan, in France alone
was a such difficulty.
As soon as we signed with
LOAN BROKERAGE FRANCE,
they call us and we get our "loan"
It was so great !
I didn't get the time and i didn't want to spend so much time
preparing all the administrative taff.
LOAN BROKERAGE FRANCE
did everything from A to Z
they were so efficient !
They take care of everything
and i get especially the best rate for my loan.
They are awsome !
LOAN BROKERAGE FRANCE
14, rue des Gaudines, 78100 Saint Germain en Laye
Office : +33 9 73 88 97 66
WhatApp : +33 6 51 61 00 74