Documents required for your mortgage application

Mortgage offer

Interest rate offer

You can think of the interest rate offer as a preliminary mortgage offer (hypotheekofferte). This states the conditions (such as interest rates) under which the mortgage is offered. The interest rate offer (renteaanbod) has a specified acceptance period. You must indicate whether you accept the offer within this period. After you accept, you receive time to submit the additional information and documents. This is called the validity period.

Mortgage quote

Has the mortgage provider approved the signed interest rate offer and all documents? Then you will receive the definitive mortgage quote (hypotheekofferte). If you agree, you have a few weeks to decide whether to accept and sign the mortgage quote. After that, the mortgage is finalized.

Copy of identity document

The mortgage provider requires a copy of an identity document (ID). This can be your passport or an ID card. If you use an ID card, copy the front and back. If you use a passport, you should include a copy of the second page with the perforated document number.

SEPA authorization

This form authorizes your bank to debit your mortgage payments from your account. The SEPA authorization form is often provided together with the interest rate offer.

Bank statement copy (not a print screen)

You need to prove that the account number you provide belongs to you. A copy of your bank statement which clearly shows your name and address should be provided. The statement should be no older than one month, and cannot be a print screen. You don't have to print the statement. In your online banking environment you can download a bank statement and save it as a PDF.

Proof of life insurance (not always required)

Life insurance (overlijdensrisicoverzekering) is often required. This insurance pays all or part of your mortgage if you or your partner dies before a certain date. The mortgage lender requires a copy of this insurance policy.

Income

Pay slip

You show your monthly income with a recent pay slip. The pay slip should be no older than one month. The account number where your salary is deposited must be visible on the pay slip.

Employer Statement

The employer statement (werkgeversverklaring) shows what you earn in total per year. Your employer fills in this statement.

Tax return

The mortgage provider requires a complete overview of your financial situation. So your income tax declaration (belastingaangifte) and tax return from the previous year is required.

Account statement with net salary credited

The mortgage provider needs an account statement showing your most recent salary. This is proof that your salary is paid into your own account.

Pension

UPO (not always required)

If you retire within the mortgage term, you should be able to continue paying your mortgage. To assess that, the mortgage provider will need a recent pension statement (uniform pensioenoverzicht; UPO). You get this statement every year from your pension fund or pension insurer.

Mijnpensioenoverzicht.nl

An overview of your current accumulated pension can be found on Mijnpensioenoverzicht.nl.

Personal finances

Are you going to make a down payment on the new house with savings? Then the mortgage provider requires proof that you actually possess this money. And also how you received this money. So the most recent bank statement of your savings account is required. The date, your name and address and debits and credits in the last 6 months should be visible.

This can not be a print screen. But you don’t have to print out the statement. You can download and save the statements as a PDF from your online banking environment.

Your future home

Mortgage valuation report

Your house is the collateral for the mortgage loan. So the mortgage provider needs to know the value of the house. The valuation (taxatierapport) is carried out by an appraiser. The report states the value and condition of the house.

Signed deed of sale

The deed of sale (koopakte) states the agreements you made with the seller of the house such as the purchase price, the date of transfer and the resolutive conditions. The deed of sale must be signed and initialed fully by both parties (buyer and seller).

Purchase and construction agreement

The purchase and construction agreement (Koop- en aannemingsovereenkomst) contains the agreements you made with the contractor about the construction of a newbuild home. This agreement consists of two parts: the purchase agreement by which you buy the land and the construction agreement that states the home will be built for you. It must be signed and initialed by both you and the contractor.

Ground lease conditions (not always required)

If you have to deal with ground lease, it means that the house is on rented land. The mortgage lender needs to know the ground lease conditions (erfpachtvoorwaarden). These can affect the terms of the mortgage.

Construction specification (not always necessary)

Are you remodeling or renovating your new home? And do you want to co-finance the renovations in the mortgage? Then the mortgage provider requires a clear statement of the building plans and related costs. You should also give this construction specification (verbouwingsopgave) to the appraiser so that they can take it into account when determining the value of your home.

Property deed

When you bought your current home, you received the property deed (eigendomsakte) from the notary. This proves to the mortgage provider that you are the current owner of your home.

Technical inspection (not always required)

If there is overdue maintenance on the home, a technical inspection is sometimes required (bouwkundige rapport). The report will describe what needs to be remodeled and the estimated cost.

Other loans

Loan contracts

Do you currently have a loan outstanding? The monthly costs of this will affect the amount of your mortgage. Therefore, you need to provide the (signed) contract of any loans you currently have. The contract should include the principal amount and term of the loan.

Student Loan

Do you have a student loan with DUO? Then the mortgage provider requires a student loan contract. This contract should show the original principal amount of your student debt. You can download the contract from the DUO website.

Other loans

Do you currently have other loans other than what is mentioned above? These loans must also be declared to the mortgage provider. The signed contracts of these loans are required. For example credit cards, overdraft on a bank account, or a loan from your parents. The contract should always show the principal amount and term of the loan.