An approved loan is granted by a bank or financial institution in agreement with the French state. It may be used to fully finance the cost of construction or purchase of a new-build or existing property , but also the costs of certain home improvements.
An approved loan is reimbursed with interest.
Who can benefit?
Any individual wishing to build, buy or improve a property can benefit from an approved loan, which is not means tested. The borrower may be eligible for APL (personalised housing allowance).
Who to contact?
Your bank or a State-approved loan company.