You want to buy a house but cannot arrange a mortgage through the bank? No problem, there are also possibilities for a mortgage without a bank, such as a crowdfunding mortgage and other forms of mortgage from private mortgage lenders.
- Taking out a mortgage with private individuals? See below the examples of commercial or private mortgages via crowdfunding or via private and business investors.
- An overview of alternative mortgage lenders, including alternative mortgages such as a mortgage without an advisor and a mortgage without a bank:
There are online special crowdfunding platforms in the Netherlands where you can go for a mortgage, for example because the bank is showing you the door or because you simply find crowdfunding more interesting. This kind of private crowdfunding platforms collects for you private mortgage lenders who can register if you apply for your mortgage through this platform.
The Komiloan platform has been around since 2014. To be eligible for a mortgage, you must arrange this through a mortgage advisor. In addition, there is also the condition that you must take out a mandatory own financing of 20% of the value of the property. If the building costs 1 million euros, then you have to get 200,000 euros elsewhere. In principle, that means own money.
This means that many individuals will lose weight. Buying a house with investors is not possible via this platform. It is especially intended for companies that want a mortgage for a business building. In addition, the platform is currently only open for mortgages for properties that you are going to rent out.
You want to buy a nice property for rent. Or you already own a beautiful property for rent to private individuals. But almost no bank gives you financing. Fortunately, you can now contact us for crowdfunding. With this special concept, different investors bring your total financing together.
Since 2016, Crowdlend has also been active in this market for mortgage crowdfunding. At Crowdlend, only business parties can take out a loan. This platform is therefore not for private individuals. Crowdlend gets the profit from the costs they charge for investors. In addition, there are also costs for placing the loan. Crowdlend says about himself:
We make investing in real estate accessible to everyone. The platform is central for bringing real estate entrepreneurs and investors together.
A new platform is Dungo. Private individuals can go here for a mortgage via crowdfinding.
A new platform is Dungo. Private individuals can go here for a mortgage via crowdfinding, but for now you can only pre-register.
Perhaps in the future there will be other platforms for mortgages that you can take out through private investors. A mortgage from private individual to private individual is in fact really only possible if you arrange this through friends or family. This is also called a Family Mortgage. You can go to Ruhent for more information.
Buy a house?
Sometimes you come across advertisements that are too good to be true. For example someone who proposes to buy a house for you. Then be on your guard. Because who is really behind this. And do you first have to make a down payment, or what about? Pay attention, an example of scammers is “We Buy Your Dream Home”.
The ‘Wushu’ website offered to pay the purchase price of your new home and then rent it to you. After 5 years you could buy the house back. However, this dream opportunity became a nightmare. In this item from Kassa, Cindy van de Velde, director of Vereniging Eigen Huis, explains how you can prevent situations like this and what you need to be aware of before signing a purchase contract.