It is said to be the most beautiful profession in the world. And if it was also interesting, when is the time to take out a mortgage?
As a civil servant, are you entitled to a specific mortgage?
As a civil servant, you have a special status when you want to take out a loan to become the owner of a house or an apartment. It does not matter, in this case, if you prefer new property or if you wish to opt for an old house with or without work to be carried out. If the mortgage for civil servants is a somewhat special loan, it does not, however, take into account the total cost of the purchase. You will also need to take out an approved loan or a Social Accession Loan (PAS).
Please note, the amount you will receive will depend on several factors. The geographical area in which you want to acquire your property, but also the specifics of this accommodation. For this, we will take into account, for example, the number of parts that constitute it.
Loan and surety insurance: what are your privileges as a teacher?
Whether you are a public servant or not, you are not immune to a life accident. This is why the bank will always ask you to take out borrower insurance but also to have a deposit. This allows him to have the assurance of always being reimbursed, even if, after a few years, you find yourself in the momentary or permanent inability to pay your installments. Concerning the borrower insurance, it can be obtained with a preferential rate, by your mutual insurance company, as an official. This can be done through a lower rate. This point should be checked with the mutual insurance company you have chosen.
As a teacher, you can obtain a deposit with guarantees free of charge, from certain dedicated organizations. However, you will need to provide proof of your creditworthiness to these entities. Because it is possible to obtain a refusal if the file is at risk (debt ratio too high, to allow the loan, accumulation of debts, which jeopardize the budget …). Being a teacher or civil servant; even if it favors certain steps, do not protect you from a refusal.
Find the best bank when you are a teacher and want to become an owner:
Being a teacher is nevertheless a basic asset, if you wish to become an owner. Having a personal contribution is also a plus, if you want to be considered a good file. However, it is better not to settle for these privileges and to maximize your chances of finding the best mortgage loan offer. For this, nothing could be simpler, if you use an online comparator.
By filling in different fields, you will be directed to the banking establishments that offer you the best loan offer. You can also contact a mortgage broker. Its job is, based on your file, to find the bank that is right for you. Low rates, good repayment tenure, everything that is important, in the context of a mortgage is past is screened, for you to obtain satisfaction.