A mortgage for entrepreneurs & freelancers

‍What should I pay attention to?

It’s always wise to build a financial buffer with sufficient savings to protect yourself against unexpected setbacks, such as illness or work incapacity. As an entrepreneur, most banks and lenders require proof of a healthy financial reserve to ensure that you can cover your monthly mortgage payments in the long term, even if business conditions fluctuate. By maintaining a strong financial foundation, you increase your chances of securing a mortgage and achieving long-term financial stability.

What do banks and lenders pay attention to

Even if you’re a newly established entrepreneur without the required 2–3 years of financial records, there are still mortgage possibilities. If you've achieved a high turnover with minimal costs within just one year, you may still qualify for financing.

When assessing your mortgage application, banks consider several key factors:

‍

1. Years in Business – How long have you been operating as an entrepreneur

2. Industry & COVID-19 Impact – Does your sector carry risks, and was your business affected by the pandemic?

3. Fixed Costs – How high are your ongoing business expenses?

4. Business Risk – What level of financial risk does your company face?

5. Revenue & Profit Trends – How has your business and profit evolved over time

6. Future Outlook – What are the expectations for your company’s growth and stability?

‍

If you're a new entrepreneur looking to secure a mortgage, we can help you navigate the process and find the best financing solution. Get in touch to discuss your options!

‍

How much can I borrow in the Netherlands?

Determining income can be more complex for entrepreneurs than for salaried employees with a fixed monthly income. If you have any questions or need assistance in calculating your total income, feel free to contact us.

When applying for a mortgage, we request specific financial documents and work with specialists to accurately calculate your income. This ensures you know exactly how much you can afford before making an offer, preventing any unexpected surprises later in the process.

Additionally, anyone purchasing a home in the Netherlands can finance up to 100% of the property’s market value. However, you’ll need your own funds to cover buyer’s costs, which typically range between €10,000 and €20,000.

Want to find out what’s possible for you? Get in touch today!

‍

Declaration of income for entrepreneurs

Most mortgage lenders require an income statement from a specialized agency, and some even work exclusively with designated agencies. To prepare this statement, several documents are typically needed, such as tax returns from the past three years, annual financial statements, and other relevant financial records.

If you were employed before becoming an entrepreneur, your previous salary may also be considered. This can help present a more complete financial picture and potentially increase the income assessment used for your mortgage application.

Need assistance gathering the right documents or navigating the process? We’re here to help—contact us today! 

‍

Contact us

Contact us today to explore your mortgage options! Being an entrepreneur comes with its challenges, but securing a mortgage doesn’t have to be one of them. Let’s find the best solution for you and make the process as smooth as possible!