Good Finance has been offering mortgages in the Netherlands for a number of months. Read more about the mortgage interest rates, conditions and experiences of Good Finance.
Investing and mortgage with Good Finance
The Netherlands is a new lender richer, Good Finance Mortgages. Domestic and foreign institutional investors who want to reverse the Dutch mortgage market can register with this investment platform, such as insurers and pension funds.
Dutch mortgage market is popular
The funding of Good Finance thus corresponds to the other lenders that have recently started. They are all funded by long-term investors. The Dutch mortgage market is popular with institutional investors who are looking for a stable return.
The lender behind the label will not be announced. Good Finance only reports that it is a ‘Western European Insurer’. With the introduction of Good lender, this mystery was criticized by the Dutch Association of Mortgage Planners. They think that the funder must be known to be able to take this into account in the mortgage advice.
The mortgage advisers therefore have a point. At the moment, investing in the Dutch mortgage market is attractive. However, these investors left just as quickly as a higher return can be achieved elsewhere. With a long-term financial product, such as the mortgage, this is not desirable. Of course you also want to receive a sharp extension proposal in the future.
More competition in the mortgage market
On the other hand, these new providers are sharpening the competition. They have less strict capital requirements than the ‘traditional’ banks and can therefore offer a lower mortgage interest rate. Where banks used to adjust their mortgage rates to market rates after a few months, they now rule immediately.
Conditions for Good Finance Mortgages
These new labels are also often modern with regard to mortgage conditions. With Good Finance you receive the lowest mortgage interest rate on the day of passing as standard and the interest is valid for 8 months for new construction. You can also redeem 25% without penalty and interest mediation is possible. In addition, your mortgage interest rate is adjusted as standard if the risk class falls. With this, Good Finance even outdoes other newcomers.
Mortgage interest rate Good Finance Mortgages
Nevertheless, a low mortgage interest rate is still the fastest way to success. With its mortgage interest, Good Finance scores well over the long fixed-interest periods, for example 20 years fixed. The mortgage interest rate is shorter in the middle bracket.
With the introduction, Good Finance did not offer any Mortgages with NHG. An investor has now been found and the newcomer also offers NHG mortgages.
Experiences Good Finance Mortgages
We would like to hear your experience with taking out a mortgage from Good Finance. You can share these experiences via the response form below.