National Mortgage Warranty guarantees you that your mortgage loan is affordable according to the standards of N.I.B.U.D. (Dutch Institute for Budget Information).
Because the risk of default of a NHG labeled loan is lower than that of a comparable non NHG labeled loan the bank will charge you a lower interest rate !
Stichting Waarborgfonds Eigen Woningen (Home Ownerschip Warranty Fund) can take over payments for a while if there are payment problems due to disability, unemployment, death or divorce (the judgement of Home Ownership Warranty Fund is leading and case based).
For the securities mentioned above you will pay a one off fee of 0,4% of the loan amount. The fee is subject to tax relief if you are taxed for your income in The Netherlands and you meet all requirements.
Limitations of a loan under N.H.G. conditions are the maximum cost level of 450.000 EUR (2025) and max 477.000 EUR (2025) including energy saving measures.
For existing N.H.G. loans; if you want to increase your N.H.G. mortgage loan or if you want to switch to another bank or other lender you can often do so with N.H.G. coverage (depending in the circumstances). However there are some limitations. Call or mail us so we can help you with your questions !
