With both financial and insurance approval, it is now time for the bank to send you the mortgage offer, by DHL to your home address. A 10 day cooling off period will start from the day you receive the offer at home (see also “Loi Scrivener 2” in the glossary). You will need to wait for the 11th day after the receipt of the offers before accepting and sending the documents back to the lender.
Along with the French mortgage offer acceptance will be included a direct debit form to complete. In fact, in order to pay the monthly installments of your new mortgage, a French bank account will be needed. Some lenders will allow you to choose the bank of your choice; some others will require the bank account to be held with them. In any case, we are here to assist you.