Applying for a mortgage
By Isa YeniA clear overview of the mortgage application process for buyers in the Dutch market.
Mortgage application process
Applying for a mortgage in the Netherlands is a structured process. With proper preparation it runs smoothly.
Step 1: orientation
Engage a mortgage adviser for a first orientation. They calculate your maximum mortgage based on income, partner income, debts and the property.
Step 2: documentation
- Salary slips (3 most recent)
- Annual statements
- Employer's statement
- ID
- Account statements (3 months)
- Purchase contract
- Valuation report
Step 3: offer & application
The adviser submits the application to the chosen lender. You receive an offer (binding for 2-4 weeks). After acceptance the lender starts the final assessment.
Step 4: final approval
The lender verifies all documents and the valuation. After approval the mortgage deed is drafted by the notary.
Step 5: notary
On transfer day the notary signs both the deed of transfer and the mortgage deed. The mortgage is paid to the seller and registered against the home.
Frequently asked questions
How long does mortgage application take?
On average 4-8 weeks from application to final approval, depending on lender and complexity.
Can I apply for a mortgage as a self-employed person?
Yes, but you need 3 years of tax returns. Some lenders accept 1-2 years with additional collateral.
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