changes of mortgage credit insurers are facilitated

Since September 1, 2022, it is possible to change mortgage credit insurance at any time. These changes have been welcomed, since significant savings can be made. “Let’s take an example. You took out a loan of 200,000 euros less than five years ago. You still have 10 years of maturity to repay in front of you. By changing insurance you could save around 15,000 euros”explains journalist Anne-Claire Le Sann, on the set of 19/20, Monday, October 3.

The most affected by these savings are young people or people under 55 with five years of credit to repay. “To take advantage of it, it has become very simple. All you have to do is write to your bank to request the termination and change of borrower insurance”, continues the journalist. With this reform, the health questionnaire is no longer mandatory for loans of less than 200,000 euros.