Crédit Agricole KeyFinance > French mortgage provider

French mortgage provider

Conditions for French mortgage provider with the C/A KeyFinance

Purpose and amount of the loan
Purchase, renovation, construction, leasebacks.
Contribution required as down payment : 20% of the purchase price

Borrowers are required to take out
- French Mortgage provider protection with C/A KeyFinance
- Building insurance with CREDIT AGRICOLE

Term
up to 30 years

Income criteria
Your total monthly mortgage and credit commitments (including the new mortgage) should not exceed 1/3rd of your net monthly income.

Type of mortgage (guarantee)
A capital and interest straight repayment mortgage (french mortgage provider) secured on a French property requires “frais d’hypothèque” (a mortgage registration fee) which is payable to the “Notaire” (Notary). (estimated as part of the offer of mortgage)

Repayments
Monthly repayments are debited automatically from your bank account.
There is no penalty for the early repayment of variable rate capped rate 3%
There is a penalty of 3% on the remaining capital, for early repayments of fixed rate mortgages and variable rate capped rate 1 and 2%

You can get more information about mortgage here.