{"id":2259,"date":"2023-12-11T19:22:52","date_gmt":"2023-12-12T03:22:52","guid":{"rendered":"https:\/\/coldstreams.com\/travel\/?p=2259"},"modified":"2023-12-30T13:38:58","modified_gmt":"2023-12-30T21:38:58","slug":"americans-age-55-or-over-cannot-get-a-mortgage-in-france","status":"publish","type":"post","link":"https:\/\/coldstreams.com\/travel\/2023\/12\/11\/americans-age-55-or-over-cannot-get-a-mortgage-in-france\/","title":{"rendered":"Americans age 55 or over cannot get a mortgage in France"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Note that as of September 2021, no lenders are currently offering mortgages to American buyers over 55 years.<\/p>\n<cite><a href=\"https:\/\/www.frenchentree.com\/french-property\/french-mortgages\/french-mortgage-eligibility\/#:~:text=While%20there%20is%20not%20an%20official%20age%20limit%2C,be%20limited%20by%20the%20term%20of%20the%20mortgage.\">French Mortgage Eligibility: How Much Can You Borrow? &#8211; FrenchEntr\u00e9e (frenchentree.com)<\/a><\/cite><\/blockquote>\n\n\n\n<p>Americans can still buy a property but need to be cash buyers.<\/p>\n\n\n\n<p>As noted often on this blog, it is wise to travel when young &#8211; and if you wish to get experience living overseas, consider study abroad or work abroad options available earlier in your career. Many professional careers provide such options &#8211; including doing study abroad or graduate study abroad, or working in other countries.<\/p>\n\n\n\n<p>I was surprised to find these limitations on buying properties in France. In fact, the above linked article says anyone at age 75 or over cannot carry a mortgage. If a French citizen at age 65 were to take out a mortgage, it must be completely paid off with in ten years, before age 75.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Surprisingly, Americans age 55 and older are not able to take out a loan to buy a home in France. Cash buyers only.<\/p>\n","protected":false},"author":2,"featured_media":577,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-background"],"_links":{"self":[{"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/posts\/2259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/comments?post=2259"}],"version-history":[{"count":0,"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/posts\/2259\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/media\/577"}],"wp:attachment":[{"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/media?parent=2259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/categories?post=2259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/tags?post=2259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}