Taking out a mortgage with BKR seems at first sight to be impossible, but there are still opportunities for it today. It is now generally known that when issuing a mortgage, only Dutch banks examine whether or not the borrower in question has a BKR code.
If that is the case, then you can actually immediately forget such a high loan, which is a shame, because in this way young people in particular are often denied the opportunity to buy a house or other real estate. Fortunately, it doesn’t always have to be this way. In addition to the traditional Dutch banks, there are various other financial institutions that can provide you with a mortgage loan. With them you can possibly go for a mortgage with BKR.
Mortgage with BKR is often meant for people who cannot meet the rules and conditions at the larger banks or mortgage lender. However, it has been on the rise in recent years, which may make it possible. Often there are problems in obtaining a mortgage with bkr when you; if you have had a bkr listing in the past (or therefore still have it), flexible income, temporary contract or contract extension is uncertain. It is also difficult for entrepreneurs to get a mortgage with bkr when the company is 3 years or younger. Buying a house together with a roommate can sometimes cause some difficulties.
Mortgage with BKR
Do you want a mortgage with bkr registration? That is possible, even if the bkr gives a negative opinion. Please note that you can often take out a mortgage on more stringent conditions. However, it is often difficult for people with a BKR listing (s) to comply with the rules and conditions. Partly because of this, there are also ‘separate’ bodies that can support you with specific products such as a mortgage with bkr. Multiple banks and financing companies offer this possibility and as a result you have several options and you can decide for yourself which bank or lender you want to work with. The costs that are often higher when you have one or more registrations with the bkr is that you will pay more mortgage interest.
TIP: Do you have a bkr coding negation and will it soon expire because you meet the payment obligation? You can take out the loan (s) again at ‘normal’ usual rates. This applies to almost all mortgage lenders / banks.
Mortgage loan without BKR review
If you, as a potential borrower, go to the bank with the request to take out a mortgage loan, you will always have to be able to provide the necessary (financial) guarantees. On the basis of these conditions, the bank or other financial institution will check whether or not you are able to take out such a high level of financing without any problems. A mortgage loan without a BKR assessment is possible at an alternative financial institution, which does not mean that no check will be carried out on your financial situation, on the contrary.
Cheap mortgage with BKR
If you have a BKR code and you want to take out a mortgage with an alternative financial institution, you have to take into account that this can cost you a good amount. The interest on a mortgage loan can be kept relatively low at a bank because the risks can be partially hedged. A part of that risk is covered by carrying out an assessment at the BKR. Take that test away and that entails a certain extra risk that will translate into a higher interest on the mortgage loan.
Taking a cheap mortgage with BKR is therefore very difficult. To still limit the cost of your mortgage loan, it is always recommended to make a comparison. This way you immediately get a crystal clear picture of the costs of a mortgage with different financial institutions.