Can I close a mortgage with BKR? A mortgage with BKR is a mortgage for people with a negative BKR.
Why mortgage with BKR?
Once you have a negative record at the BKR, it will be very difficult to borrow money, but also to conclude a mortgage. If you have a negative BKR, you cannot close a normal mortgage, because many mortgage providers find that they are otherwise at too much risk. The only way out to conclude a mortgage is a mortgage with BKR.
Negative BKR mortgage
A mortgage is actually a money loan, but with, for example, your home as collateral. You are soon registered with the BKR, but only when you have a negative BKR registration will it be difficult to borrow money. You get a negative BKR coding if you do not redeem a loan for a number of months, but also if you have not paid your phone bill. For example, if you are separated, you can get a negative BKR, because it was not clear for some time who had to pay certain accounts. You then get BKR coding A, which stands for backlog of payment. A negative BKR coding lasts 5 years, which means that you will have five years of hard loan borrowing or a mortgage. If you have a negative BKR you can still close a mortgage with BKR under certain conditions.
Where can I close a mortgage with BKR?
There are a number of providers for a mortgage with BKR. Mr. Ret states that they offer mortgages to people with a negative BKR and that they are specialized in offering mortgages with BKR. Mr. Ret collaborates with mortgage advisers who look beyond a negative BKR registration. At Mr. Ret it is possible to request a quote without obligation or a conversation with a mortgage advisor.
Where does a mortgage provider with BKR notice?
Providers of mortgages with BKR look beyond regular mortgage lenders. Where many mortgage lenders will not provide a mortgage with a negative BKR coding, a provider of a mortgage with BKR will look at more things. Ultimately, a provider of a loan would also like to have a mortgage guarantee that he will get his money back. He gets this security, among other things, through the collateral of the mortgage, the house. It will also be checked whether someone has a constant income and which has resulted in a negative BKR coding. Failure to pay a phone bill will have less far-reaching consequences than paying a large money loan structurally.
Second mortgage with BKR
Is it possible to close a mortgage with BKR if you already have a mortgage where you have incurred a late payment? You may want to borrow more money, which would result in a mortgage with BKR for you. Unfortunately, we must inform you that it will not be possible to close a second mortgage with BKR next to a mortgage where you have a late payment. It is quite difficult to conclude two mortgages, but closing a second mortgage with BKR is not an option. There is then insufficient security for the provider of the mortgage that you will be able to pay the mortgage.
Mortgage BKR encoding
In addition to the normal negative BKR coding, there is also a BKR coding that is specifically aimed at mortgages.
HY coding mortgage
A HY coding means a backlog coding for a mortgage. You get a HY coding if you have not paid off your mortgage payments.
The H coding applies – in addition to ‘normal loans’ – also for mortgages. The H coding means recovery. You have reached the backlog of payment, which has restored the situation. If you have recovered HY backcoding you will get an H coding from the BKR.