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Marian

Question:

HI,
I want to have an interest only mortgage where I have 100% interest free and place 20% in insurance linked account.

Can I do this?

by Marian on 04 Nov 2015
Des Cooney

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Answer:

Dear Marian,

Thank you for your enquiry.

French banks have different lending criteria and products. Some offer interest only loans, which I suspect is what you are referring to. French banks generally extend loans to borrowers of approximately 85% of the purchase price of a property. If you would like me to look at your proposal in more detail, please feel free to contact me directly.

Regards

Des

by Des Cooney on 05 Nov 2015

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