Presenting an impeccable record for a mortgage loan

If mortgage rates are around 3.24% to 3.92% for a loan term of 15 to 25 years, it is still possible to find credit agencies that offer lower rates. Some borrowers can earn more affordable rates if they have a good profile. Do not forget to inquire also about notary fees. 

When developing your profile, do not forget that what matters to the bank is whether you lend money, or not too much risk. The bank will not hesitate to check how you manage your budget, checking your account statements for the last six months. An account often short or too much consumer credit is likely to ruin your profile.

Increase your chances of getting your credit, your mortgage for your home

Increase your chances of getting your credit, your mortgage for your home

How to have a better chance of getting credit, especially at a better rate? It is advisable to first clear all current consumer credits. Otherwise, the credit the bank will give you will be reduced.

Can I apply for a fixed-rate credit? Should I bring in own funds?

When you review your file, the credit agency will estimate the amount you will have when you have paid all your monthly payments. 

The bank will also carefully study your employment situation. Of course, to get credit, you are supposed to be in a permanent contract position. To have the chance to obtain credit more easily, the terms of which correspond to your expectations, you need to develop your profile in order to gain the trust of the bank.

Negotiate the best rate: the advantage of using a broker

Negotiate the best rate: the advantage of using a broker

To benefit from the best credit rate, it is not enough to go to the bank. Think about comparing offers or contacting several credit agencies. You can also use online simulators and loan comparators. 

The ideal is to use a broker who knows perfectly the bank policy and who can choose the one whose conditions match your profile. In addition, the role of a broker is precisely to find the bank that offers the best rate of borrowing. 

He is also able to negotiate the elimination of penalties, in case you later consider an early repayment of your home loan or your work loan.

Solutions to further reduce the cost of your mortgage

Solutions to further reduce the cost of your mortgage

To be sure to borrow with a favorable borrowing rate, you need to know the bank policy. For banks, the longer the repayment period, the higher the rate. Therefore, it is recommended to opt for a reasonable repayment term. 

If your income permits, choose a shorter repayment term.

Also note that with a long-term loan, the monthly payment will be reduced but the total cost of your credit will be higher. This is another good reason, if your ability to pay back allows it, to opt for a refund for a shorter period. 

This will allow you to settle your debts more quickly, while benefiting from a mortgage at a reduced rate. Feel free to make an appointment for your mortgage loan application or if you have questions about tax benefits, interest rates, fire insurance, outstanding balance insurance, etc.

Take Out an Online Loan, Everything About finance


If you are going to take out an online loan instead of going to the traditional bank where you have to fill in endless papers, you will find that with a loan that you take out online you can save a lot on interest. Not only does interest play a role, but the conditions are also generally more lenient and complicated contracts are often omitted. Nowadays you can take out all conceivable loans online, revolving credit, mini-loan, personal loan, a loan for a new car and even to apply for a mortgage you no longer have to leave the house when it comes to applying.


Take out an online loan

To start right away with the most popular loan form at the moment, the mini loan, or the advance on your salary. It is a popular credit which has gained a lot of popularity in almost all of Europe in recent years. Unfortunately, with all kinds of different rules per country, it is arranged fairly neatly in the Netherlands; this is mainly due to the fact that the rules regarding borrowing a small amount are clearly laid down. For example, no more interest may be charged than the legally established maximum, any costs must also be clearly stated with the application, so that no nasty surprises can arise. You take out a mini loan from € 50, with a maximum amount of € 1500. No bkr check is carried out, so you can borrow money without a bkr with this credit. There are 2 providers active in the Netherlands, Ferratum and Saldodipje.


Tips when applying

If you are ready to take a serious look at your application, then I can provide you with some tips that relate to the loan forms discussed in this article. With some you can save money and with others you can take advantage by choosing a lower interest rate or better conditions. What better conditions are due to your personal circumstances, this is different for every consumer. I will also show some examples of how to start an application. You will see from step-by-step examples that this simplifies the process considerably.


Prevent your application from being rejected

A problem that regularly occurs is that you are going to apply for a new loan while there are other, older loans open (which are repaid properly). A new lender will be a bit hesitant about this because it has the task of protecting you against over-crediting. You can prevent a rejection by indicating to the new lender that you want to merge all your previous credits into one new credit. This applies to all forms of borrowing that are passed on to the BKR. So also the bank’s redundancy, outstanding credit debts and other payment obligations. This is all paid off with a new credit and merged into a new loan.


Make sure your affairs are in good order

Because the new lender does not know you yet, he will want to know the hat and the edge. Therefore, make sure you communicate well and send papers that are requested to them quickly. This concerns all details of outstanding loans and of course also information about your personal circumstances. This includes pay slips, bank statements, statements from your credit card or other papers that relate to payments. If you have this all in order, you can send it quickly when you inquire.


Request multiple quotes

There is little to compare with requesting just 1 quote. Request therefore at least 3 quotes so that you can not only compare the conditions, but also the interest, the duration and whether there is a possibility to skip a monthly repayment without penalty. Companies will always have to comply with the law when it comes to interest rates, yet you see differences in the bids that can ensure that you can actually save. Remember that only 1% lower interest rates will save a sip on a drink in your monthly costs.


Check whether the interest is deductible

Are you going to borrow to renovate in or around your house? Now it may be that your interest on your credit is deductible from your income for the tax. A loan for the purchase of solar panels may also be eligible. The rules in this regard are strict, so read carefully which conditions you must meet before you start using them.


Pay attention to penalty-free accelerated repayments

It can happen that during the term of your loan you will be more comfortable with cash. Use this to reduce the amount of your loan so that your monthly payments will be lower. With a revolving credit it is never a problem to do this earlier, so there is never any question of penalty interest. In the case of a personal loan, on the other hand, the problem does indeed play a role and it may happen that you have to pay a fine in the case of accelerated repayment. In the conditions of your quotation you can read how the various providers deal with this.


Borrow with advice or without?

Online you often have the choice whether you want advice when applying for a loan. You can use this, sometimes costs are charged, but often this is a free service. Prepare yourself for extensive questionnaires that you must complete. If you believe that you have mastered the material then you can also choose not to seek advice, we are talking about execution only. When in doubt, you better opt for advice. But on the other hand, the advice offered is not always reliable and you should do good research yourself. But the choice is yours.


Be careful with borrowing too much

It seems tempting to borrow more than you actually need. This is more common with a revolving credit than with a personal loan. It works as follows. If you are going to compare the interest for different amounts, you will see that when the amount gets higher, the interest will fall considerably. This can really save percentages and is therefore very attractive. Suppose you were looking for a revolving credit of € 10,000, but you see that with an amount of € 25,000 the interest rate falls by no less than 3%. Now you can say that you are only going to use the € 10,000 and not the rest. This may be a good solution, but you must be firmly in your shoes to avoid being tempted to use the remaining amount.


Do you have savings?

If you have savings and still want to take out a loan, then it is time to scrape yourself behind the ears. This is almost always a bad idea. In addition, you use your own savings more economically than with a loan because a sum of money that you borrow is spread out over several years and therefore actually ‘cheaper’. With the exception of exceptions, you should not start with that.


Different loan forms

There are various forms of borrowing online, a personal loan, a revolving credit, a second mortgage, a bank overdraft, a credit card, a hire purchase, a flash loan, also called a mini loan, a loyalty card, goods from a mail order company, a mortgage. The most expensive forms are the credit card, overdraft and mail order company. If you always pay with your credit card everything you spent in the previous month, you do not have to pay interest. The most expensive types of loans have a high interest rate, but never higher than the legally established maximum of 14% on an annual basis. All the previous examples are generally 10% more expensive than when you view a cheap credit. Different rules apply to buying a new car.


Revolving credit

The revolving credit is also one of the most popular loans in the Netherlands. The advantage of this loan form is that you have money in hand that is deposited into a separate account, if you do not use it immediately, then you do not have to pay interest either. You can request a revolving credit from € 2,500, by the way, the most popular amount to borrow is twice as much, namely revolving credit € 10,000. Many people find this a fine amount because it is approved in most cases, because you have a normal job with an average income of around € 1400 net per month, then applying for this amount is no problem.


Different interest rates

When you search the internet for the different interest rates that are charged, you will see that there is a nice difference when applying online or applying at a regular bank. Now you will think that an interest rate difference of half a percent is not that interesting, but you can care less about this on a monthly basis. Of course especially when applying for a mortgage, which you have been tied to for many decades and therefore suffer from a slightly higher interest rate for a long time.



Loan loan

With the current low interest rate it is advisable to check whether you do not already pay too much interest on your existing loans. If you closed these years ago, it is obvious that you now pay too much interest. Then see if you can transfer your expensive loan from another lender. Often they offer special offers to not only take over your expensive loan, but also to merge existing loans so that you end up paying a lower interest, since with higher amounts, the interest will fall correspondingly.


Calculate your loan

loan calculator

Are you curious about what amount you are initially eligible for? Then you can make an online calculation. This is done in a particularly easy way and you do not have to enter any personal details. You answer a number of questions and you immediately see on your screen which maximum amount you can request. With this you can choose a more targeted offer that matches the height of your request. You can see that Geldshop has such a calculation tool on its website.


Reliable Borrowing money without hassle

Borrow reliable money without hassle? This is what the customers of By Good finance think.

No lender is allowed to advertise ‘borrow money fast’. Borrowing money as a matter of urgency is always subject to strict rules and we fully adhere to it.

For our customers, however, speed is one of the most important factors when applying for a loan. Our assessments show that customers rate us very positively on speed. That is why we would like to share some nice reviews with you:

Borrow with a high service level

Borrow with a high service level

We also score high in terms of reliability and service. Where other lenders often immediately reject a loan, DNKM customers always have the opportunity to explain their situation.

‘Good help so far, very satisfied. If additional information is required, you will be given the opportunity to explain this here. And no, no, nothing is possible anymore. We can no longer mean anything to you. This was the case with Good Lender.

You can expect this when closing

At From Good finance , we are not only strictly adhere to the Financial Supervision Act, we are proud to let you borrow money wisely without any hassle: Borrow reliable money without hassle? This is what the customers of By Good finance think.

  • Reliable and on time for your purpose
  • Within 2 working days
  • Error-free and without delays
  • High service level
  • Clarity about the costs from the start of the application, not until signing.

Borrow reliable money without hassle?

Borrow reliable money without hassle?

Super service, fast and well-arranged credit transfer at a good interest rate saved me 4% and the best thing was that everything was possible via email. Borrow reliable money without hassle? This is what the customers of By Good finance think.

Also curious about the possibilities of taking out a loan? Request a quote without obligation and immediately receive an overview of your options: reliable, clear and without delays.

Saving money: how to find a property with affordable rent?

If you are planning to rent a property, you need to consider a number of items before closing any deal, especially if your goal is to find an option with a more affordable price. Remember that the price says a lot about the apartment or house itself, however much of the value of the rent is determined by other factors.

Want to know how to find a property with a fair, affordable rental value that allows you to save and not get off the budget? We give all the tips here:

Pay attention to location

Pay attention to location

Houses and apartments in central or noble areas of the city tend to be more valued and therefore with the rental price less in account. So maybe you really have to focus on regions that are a little further away. However, be careful: Depending on where you choose, transportation costs can increase in a proportion that can make the cheap expensive.

Check carefully the conditions of the property

Check carefully the conditions of the property

It is essential to visit the property that you intend to rent. At this point, be sure to pay attention to the smallest details. Check for cracks in the walls as well as possible leaks. Keep an eye on the painting, broken tiles in the kitchen or bathroom. Even if the price and location are wonderful, if the conditions of the property are very bad it may not be worth it. Imagine just having to go through work while you live in the house?

If you need to do some small work, talk to the owner so that this is written down in the rent as an improvement.

Please note the value of the condo

Please note the value of the condo

Renting a small property may even be cheap, but if the condo offers many advantages it can present a high value. In this way, spending on housing can be high. Therefore, when seeking an affordable rental value, make sure the condo also meets your purchasing power.

Contact the Owner

Having a real estate makes the business something more professional, that is, there will be built-in rental rates that go to the company or the broker. However, you can get a better price by talking directly to the owner. Ask him if in advance there could be some discount.

Another valuable tip is to have parameters to negotiate before closing any deal. This means knowing the value of other properties in the same region and with similar conditions. Ask the owner if you intend to rent for a long time. This issue may also be taken into consideration in negotiation if you also have an interest in staying in place for years. After all, empty property is a loss to the lessor.

Avoid new real estate

Older property does not mean that it is in bad condition, just that it is not a recent launch taking over 20 years of construction. Even with the general appreciation, a property that has not just been built has cheaper rent than a new one. You can check

In the search for a property with an affordable price, be willing to research and even talk to that price is reduced. Keeping financial control up to date is a task that must be applied at all times!