Can you apply for a mortgage as a non-resident in the Netherlands?

Exploring Mortgage Options for Non-Residents and Expats in the Netherlands

Good news for those exploring the mortgage Netherlands market: yes, non-residents, including expats, may be able to apply for a mortgage in this beautiful country. However, it is crucial to keep in mind that the process can be more challenging for foreigners compared to Dutch citizens.

As a non-resident in the Netherlands, you must fulfill specific requirements and provide necessary documents to qualify for a mortgage through a bank. These might include your income details, debt-to-income ratio, and your savings amount. For expats interested in the mortgage for expats in the Netherlands, having a clear idea of the type of property you wish to purchase and your budget is essential.

As part of the application process for a mortgage in the Netherlands, non-residents must provide various documents, including proof of identification, income, and proof of assets/savings. Along with a clear notion of the kind of property you're interested in, it's also vital to understand your financial limits and options.

Once all the necessary paperwork is submitted, the bank will inform you about the outcome of your mortgage application. If accepted, you, the applicant, will need to provide the required documentation and cover any necessary down payments to complete the mortgage agreement.

It should be noted that the process for applying for a mortgage as a non-resident in the Netherlands can be complex. Therefore, it is advisable to seek assistance from an experienced mortgage advisor to ensure all essential procedures are in place on time.

Banks that work with non-residents in the Netherlands

While there are only a few banks willing to work with non-residents, some do cater to this demographic. For instance:

• ABN-AMRO Bank NV: Offers financing of up to 85% of the market value for non-residents. It's important to have a Dutch passport and an Expat declaration form to start the process. Keep in mind, the application might take 4-8 weeks to finalize.

For those particularly interested in mortgages for expats in the Netherlands, working with the right bank and understanding their specific requirements is key. Our experienced mortgage advisors can help you navigate these options and find the best fit for your needs.

Keep in mind that you will need to show a Dutch passport and a Expat declaration form to be able to start the process. This does not mean that your application will be accepted, this might take 4-8 weeks to be finalized.

Get in touch with our experienced mortgage advisors to help you find out what the options are.