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The Social Mortgage

Social Mortgage Loan

Access Home Ownership with a Social Mortgage Loan in 2026

You have a modest income and find it difficult to obtain a classic mortgage? The “housing for all” social mortgage loan is specifically designed to support first-time buyers in the Walloon Region. Discover how this accessible and supervised solution can help you finance your first home under the best possible conditions.

With the social mortgage loan granted by the Société Wallonne du Crédit Social, you can finance the purchase or construction of your first home intended for your own occupation, while benefiting from favorable terms and a strict regulatory framework that protects borrowers. Get your free simulation for Social Mortgage Loan

Social Mortgage Loan Concept

The social mortgage loan is a specific type of mortgage granted by the Société Wallonne du Crédit Social (SWCS) for the construction or purchase of a first home in the Walloon Region, exclusively intended for the personal occupation of the borrowers. The regulations apply to any building used for residential purposes. A portion of the premises may be used for professional activities, as long as this does not exceed 20% of the habitable area. This allows small self-employed workers or liberal professions to combine housing and professional space while still benefiting from the social mortgage system.

Granting Conditions for the Social Mortgage Loan

As with any mortgage, the lender will perform a detailed analysis of your solvency based on the information you provide in the application form. You must prove your identity (be of legal age) and provide proof of your net monthly income. If necessary, the lender may consult the Central Credit Register to verify your current commitments.
As with any mortgage, the lender will perform a detailed analysis of your solvency based on the information you provide in the application form. You must prove your identity (be of legal age) and provide proof of your net monthly income. If necessary, the lender may consult the Central Credit Register to verify your current commitments.
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The monthly repayment of the mortgage generally cannot exceed one third of the borrowers’ net monthly income. In addition, your annual income must not exceed €53,000 in order to benefit from this type of regulated social loan. You will also need to present the title deed or the signed sales agreement of the property to be financed. The market value of the home must remain below €204,000. An expert may be appointed, if necessary, to confirm this value. The loan term ranges from 10 to 30 years, and the mortgage must be fully repaid before the age of 70. The applicable interest rate depends on your income bracket and may benefit from rate reductions in so‑called “real estate pressure zones”, “revitalization areas”, or in the case of purchasing social housing.

Once the File Is Complete

When your application file is complete, it receives a registration number. The mortgage credit agreement must then be signed within 100 days from this registration date. The loan is generally repayable in constant monthly installments, which makes budgeting easier for borrowers. In return, a deed of assignment of claim must be granted in favor of the lender. The borrower is also required to insure the home against fire and subscribe to a remaining balance insurance in order to protect their relatives in the event of death. If the loan is intended to finance renovation work or other types of works, these must be completed within two years of signing the credit agreement. If you decide to sell your home, the outstanding balance of the loan must be fully repaid. A reinvestment indemnity corresponding to three months’ interest will then be due on the capital repaid in advance. This mechanism is common in mortgage contracts and must be taken into account when planning a resale.

Key Financial Limits

  • Annual income ≤ €53,000
  • Property market value < €204,000
  • Monthly installment ≤ 1/3 of net income
  • Loan term between 10 and 30 years (fully repaid before 70)

Formalities and Costs Related to the Social Mortgage Loan

All applications for a social mortgage loan must be submitted to a social credit counter of the Société Wallonne de Crédit Social. During this process, application and appraisal fees will be charged and are not refundable if the loan is refused. It is therefore important to present a complete and coherent file from the outset. The application fees are around €25. In addition, you should plan for around €260 for the property appraisal, carried out to determine the market value of the home. A solidarity contribution to the Walloon Region of 0.20% of the loan amount is also expected. These various costs are directly linked to the regulatory framework surrounding social mortgages. If you later request any modification to the ongoing loan (for example: change in duration, restructuring, etc.), a fixed fee of €150 will be charged. Before signing, make sure you clearly understand all the conditions and future implications of your social mortgage loan so that you can avoid unnecessary additional costs and preserve your borrowing capacity.

Appeals and Borrower Protection

If the Société Wallonne de Crédit Social refuses the requested loan, you are not without recourse. You have a period of 30 days to exercise a right of appeal in writing to the Chairman of the Board of Directors of the SWCS.

This appeal allows your case to be re‑examined in light of any additional elements or explanations you may provide. It is therefore crucial to clearly justify your situation, your income, your repayment capacity and the characteristics of the property in order to maximize your chances of obtaining a favorable decision.

Main Advantages of the Social Mortgage Loan

Regulated and Secure Framework

The social mortgage loan is governed by strict regulations that protect borrowers with modest incomes. Income ceilings, property value limits and repayment rules are clearly defined, ensuring transparent and predictable conditions throughout the term of the loan up to 2026 and beyond.

Accessible and Tailored to Modest Incomes

Thanks to controlled interest rates, the obligation not to exceed one third of net income for repayments and the possibility of rate reductions in certain zones, the social mortgage loan makes home ownership more accessible to households that are excluded from classic mortgages. It is a concrete lever to support your real estate project in 2026.

A Complete Protection Package

By requiring fire insurance and remaining balance insurance, the social mortgage system ensures the protection of both the property and your family. This comprehensive approach limits financial risks in the event of unforeseen life events, while securing your long‑term home ownership project.

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Start Your Social Mortgage Loan Project Today

The social mortgage loan is a solid, regulated and protective solution for financing your first home in the Walloon Region, especially if your income level prevents you from accessing a classic mortgage. By anticipating the required documents, understanding the eligibility criteria and taking into account the associated costs, you give yourself every chance of seeing your project succeed in 2026.

Take the time to have your situation analyzed and your borrowing capacity assessed by a professional. A personalized simulation will allow you to estimate your monthly repayments, the maximum amount you can borrow and the most appropriate loan term for your profile. Do not delay in taking action: each month counts when building your real estate project.

Get your free simulation pour Social Mortgage Loan
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