THE MORTGAGE
Conventional home loan is offered by a bank to a household that wants to make a trade loan. This loan is not regulated and can be used for the acquisition of housing, land or a second home, but also to finance work on a property. The bank sends email a loan offer to the person who will then have time to accept it or not.
LOAN OFFER
Proposed by a bank to a household classic mortgage is not regulated.
The formulas proposed by the lending institutions are different and take into account household income.
The lender must send you free loan offer by mail. It should do the same to any securities.
This offer includes mandatory information and is valid for 30 days.
You have a cooling off period that begins the day after the receipt of the offer.
