Warning, borrowing money also costs money.
The Homeowner Loan: The Solution When Doors Close
Are you having trouble getting a personal loan? Are you struggling to repay your current monthly payments? Are you possibly on the National Bank of Belgium’s blacklist and in urgent need of cash? If you own a property in Belgium, we can consider the homeowner loan with you to find solutions.
Analyze my situationLegal Notice
** A loan commits you and must be repaid. Check your repayment capabilities before committing. The rates indicated are for information purposes only and subject to approval of your application.
The Homeowner Loan: A Second Chance for Your Finances
The Homeowner Loan is a mortgage loan for people who already own a property in Belgium. Unlike traditional consumer loans, it uses the value of your house or apartment as collateral. This guarantee allows us to find solutions where other organizations had to refuse your application, especially if you are on the National Bank of Belgium’s (NBB) blacklist.
The Homeowner Loan can help you:
- Consolidate all your loans: combine your personal loans, credit cards, and other debts into a single, often lower, monthly payment.
- Get cash: finance a major project or cover an unexpected expense, even if you are no longer eligible for a personal loan.
- Pay off urgent debts: clear tax, social, or family debts, or late payments to start over on a sound footing.
- Finance renovations: carry out essential renovations in your home without having to apply for a new traditional renovation loan.
- Avoid selling your property: in case of temporary financial difficulties, this is an alternative to preserve your real estate assets.
Thanks to our personalized analysis, we study your situation to determine:
- The amount that can be released based on the value of your property.
- A new, sustainable monthly payment tailored to your current budget.
- An extended repayment term to reduce your monthly burden.
Confidential • No obligation • Review of your file
Why is the Homeowner Loan an effective solution in times of difficulty?
When traditional credit solutions are no longer accessible, the Homeowner Loan proves to be a powerful lever thanks to its unique advantages:
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Access to credit even if on the NBB blacklist: The guarantee offered by your property reassures the lender and allows for a solution where a record of non-payment would normally be a deal-breaker.
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Effective debt consolidation: Centralize all your current loans (personal, car, cards…) into a single mortgage loan. You only have one monthly payment to manage, which greatly simplifies your budget.
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Reduction of the monthly burden: By extending the repayment period, it is often possible to significantly reduce the total amount of your monthly payments, giving you breathing room.
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Obtaining additional cash: In addition to consolidating your debts, you can, if your situation allows, include an extra amount of money to finance a new project or have some cash on hand.
The Homeowner Loan is not a miracle solution, but a structured financial tool to help you overcome a difficult period and sustainably restructure your finances.
The Steps to Your Financing Solution
Our approach is transparent and focused on analyzing your situation.
1. Contact and Analysis
Contact us and explain your situation. Together, we complete a detailed application to understand your needs and expenses.
2. Building Your File
Gather your documents: ID card, proof of income, amortization schedule for your loans, information about your property.
3. In-depth Study
Our experts analyze your file and the project’s feasibility in detail by consulting our specialized lending partners.
4. Offer and Notarial Deed
If a solution is found, we present you with a loan offer. As it is a mortgage loan, the operation requires signing a deed before a notary.
5. Release of Funds
After the deed is signed, the funds are released. We directly repay your old creditors, and any remaining balance is paid into your account.
At each step, our advisors support you with attentiveness and discretion to build the best possible solution.
A Loan Structure Designed to Rectify Your Situation
The Homeowner Loan is a mortgage loan structured to provide a lasting solution to a complex financial situation:
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The value of your property as leverage: This is the cornerstone of the system. The value of your property (after deducting the outstanding capital on your initial mortgage) determines the maximum amount that can be borrowed.
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Extended repayment term: To lighten your monthly burden, the repayment period can be extended over many years (up to 25 or 30 years depending on the case), which automatically reduces the monthly payment.
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Fixed interest rate for more security: The majority of these loans are offered at a fixed rate. Your monthly payments remain the same throughout the loan term, providing you with predictability and budget stability.
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A protective legal framework: As a mortgage loan, it is strictly regulated by Belgian law, ensuring you receive full information (via the ESIS document) and clear contractual conditions.
Our goal is to establish a realistic and sustainable repayment plan, allowing you to meet your commitments while regaining a balanced life.
Rebuild Your Financial Future
A well-structured Homeowner Loan is the first step to cleaning up your finances and looking to the future.
Regain Control
By centralizing your debts, you gain clarity. One payment, one contact. Managing your budget becomes simple and manageable again.
Stop the Debt Spiral
By repaying your creditors and ending late payments, you stop the accumulation of fees and late interest. You can start improving your credit history.
Benefit from Expert Guidance
Our advisors specialize in complex situations. They help you build a strong application and guide you to make the best decisions for your financial future.
Planning a financial recovery is a courageous act. We are by your side to give you the means to start over on a healthy and solid foundation.
Testimonials: They Regained Financial Stability
“We were on the National Bank’s blacklist and drowning in several small loans. No bank would listen to us anymore. Thanks to the homeowner loan, we consolidated everything. Our monthly payment decreased by €400! We can finally breathe and end the month peacefully.”
“I had urgent tax debts to pay and my bank refused to grant me cash. By using my house as collateral, I was able to get the necessary funds to settle everything and even finance new windows. The advisor was very human and handled everything from A to Z.”
The strengths highlighted by our clients:
- The listening and non-judgmental approach in a difficult situation.
- The clarity of explanations and the transparency of the process.
- The effectiveness in unblocking a situation that seemed hopeless.
Homeowner Loan FAQ
Find answers to frequently asked questions about the Homeowner Loan, a mortgage loan solution for homeowners in Belgium facing financial difficulties.
The Homeowner Loan is a type of mortgage loan. Specifically, it means you borrow a sum of money by giving your property (house, apartment) as collateral to the lender. It is not intended for purchasing a property but is aimed at those who are already homeowners.
Its main purpose is to provide a financing solution when traditional loans (personal loan, etc.) are no longer accessible, particularly due to:
- A listing on the National Bank of Belgium’s (NBB) blacklist.
- A debt-to-income ratio considered too high by traditional banks.
- Income considered insufficient or unstable.
The property collateral reduces the risk for the lender, which opens up credit possibilities that would otherwise be closed.
Yes, this is one of the main advantages of the Homeowner Loan. While a negative listing at the National Bank of Belgium (NBB) leads to an almost automatic rejection for a personal loan, the situation is different with a mortgage loan.
The reason is simple: the property collateral. In case of non-repayment, the lender has the option to seize and sell the property to recover their investment. This reduced risk allows them to be more flexible on other criteria, including the blacklist status.
However, approval is not automatic. The lender will still analyze your overall repayment capacity to ensure that the new monthly payment is sustainable for you and to avoid worsening a situation of over-indebtedness. The goal is to help you, not to push you further into debt.
A “standard” debt consolidation is an installment loan (i.e., without property collateral) that combines your debts. The Homeowner Loan is a mortgage-based debt consolidation. The difference is fundamental:
- Collateral: Standard consolidation is “unsecured.” The Homeowner Loan is secured by your property.
- Accessibility: Standard consolidation is inaccessible if you are on the NBB blacklist or if your debt-to-income ratio is too high. The Homeowner Loan remains an option in these cases.
- Term and Amount: The Homeowner Loan allows for much longer repayment terms (up to 30 years) and higher amounts, which can drastically reduce monthly payments.
- Procedure: The Homeowner Loan involves notary and mortgage fees, unlike standard consolidation.
In summary, the Homeowner Loan is a more powerful, but also more committing, solution reserved for situations where standard consolidation is no longer possible.
It is essential to be transparent about the risks. The main risk is linked to the very nature of the loan: it is a mortgage loan.
The major risk is the loss of your property. If you are no longer able to make the monthly payments sustainably, the lender is entitled to initiate foreclosure proceedings to seize and sell your house or apartment to be repaid.
This is why a rigorous analysis of your repayment capacity is carried out beforehand. The objective is to define a monthly payment that you can reasonably afford to minimize this risk. You should never commit to such a loan if you have doubts about your ability to honor the payments over the long term.
Yes, this is entirely possible and even common. The amount you can borrow through a Homeowner Loan depends on the “available equity” in your property.
The calculation is as follows: Estimated value of your property – Outstanding balance on your current mortgage = Available equity.
The new loan will be calculated based on this available equity. Often, the new loan will “refinance” the balance of the old mortgage, combining it with your other debts and the requested cash amount. You will then have a single, all-encompassing mortgage loan.
Each situation is unique and will be analyzed to see if such an operation is feasible and beneficial for you.
To analyze your file, we will need a set of documents to assess your income, expenses, and asset situation. Ideally, you should prepare:
- Identity documents: Your ID card (front and back).
- Proof of income: Your last 3 payslips, your last tax assessment notice, proof of any benefits.
- Proof of expenses: The contracts or amortization schedules for all your current loans (personal loan, car loan, credit cards…).
- Bank documents: Your last 3 bank statements showing payment of your expenses and receipt of your income.
- Property documents: A copy of your property title and, if possible, the latest statement for your current mortgage.
Don’t worry if you don’t have everything on hand. Your advisor will guide you and provide a precise list of the necessary documents after your initial contact.