Obtaining a mortgage credit involves several steps and building a complete file. This guide presents the usual process, without entering into rate or instalment simulations, which always depend on your personal situation and should be reviewed with a professional.
Warning: borrowing money also costs money.
Defining your property project
Before any approach to a lender, it helps to clarify your project: buying a first home, a rental investment, construction or renovation. This clarity makes the file easier to build and guides which institutions to approach.
A mortgage credit broker can guide you from this stage, taking into account your professional and family situation.
Documents usually requested
Lending institutions usually request a copy of your identity card, your recent payslips or annual accounts if self-employed, an overview of your assets and any ongoing credits, as well as information about the property concerned.
A complete, well-presented file from the outset considerably speeds up the review of your application by lenders.
Comparing several institutions
Each bank or credit institution applies its own acceptance criteria and contractual conditions. Comparing several proposals helps identify the one that best matches your profile and project, beyond the commercial presentation alone.
As an independent broker, LC Credins contacts several partners on your behalf and shows you the differences clearly, so you can make an informed choice.
Outstanding balance insurance
Most mortgage credits are accompanied by outstanding balance insurance, which guarantees repayment of the loan if one of the borrowers dies. Belgian law allows you to take this out with the insurer of your choice, not only with your bank.
This freedom of choice often brings a significant saving, for equivalent guarantees.
Why use a digital broker
Building a mortgage credit file alone takes time and requires a good understanding of bank criteria. LC Credins centralises your documents online, contacts several partner institutions and supports you right up to signing.
Our role is to simplify your steps and save you time, while looking for the most favourable conditions for your situation.
Start your mortgage credit project
Request free, no-obligation support to build your mortgage credit file.