We apply and manage mortgage applications above 1 mln.
Properties over a million have become more and more popular in the Netherlands. The application process and requirements are different for a high-risk mortgage. A principal amount varies per mortgage lender.
For example, if the property is worth more than € 1.000.000, the lender could finance between 80-90% of the market value. Besides, not all lenders offer loans over € 750.000.
It takes more time to approve a higher mortgage than a regular mortgage due to the risk factors. Other circumstances such as savings, investments, or additional properties add extra work to the mortgage application process. On average, mortgage applications for over a million can take from 4 to 6 weeks.
Many lenders assess high-risk mortgage applications separately. High-profile mortgage applications are discussed with a credit committee or top risk management team. To secure a mortgage of over a million, you must afford it.
Asking price: € 1.075.000
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Salary needed: € 192.500
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Monthly payments: € 4.571
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Cash needed: € 31.560
Asking price: € 1.500.000
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Salary needed: € 270.000
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Monthly payments: € 6.421
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Cash needed: € 39.940
Schedule a free call with our team to discuss your situation. Our dedicated team manages your mortgage application from start to end, and we handle all communication and paperwork with banks.
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Access to a trusted network.
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Highly competitive rates and flexible terms.
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Guidance through the entire mortgage process.
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English translations of bank documents are shared.
