Self-employed mortgage.

Are you a business owner or freelancer? Then you probably look at a mortgage a little differently. With the calculator above you quickly see what is possible, whether you want to:

• know how much mortgage you can get;
• buy a home;
• save on your current mortgage.

When you are a business owner, different things come into play when taking out a mortgage. Your income can vary from month to month, and that can make it tricky to determine your monthly payments. Many self-employed people therefore have the idea that taking out a mortgage is very complex, but with the right information and the help of our calculators you can get a long way.

Often more is possible than you think as a business owner. Do keep in mind that your financial situation is checked during a mortgage application. When you approach a mortgage provider, it helps to have your financial situation clearly mapped out in advance.

Mortgage conditions for starting business owners

You want to know which requirements you have to meet to get a mortgage as a business owner. You need to have been self-employed for at least 1 year to take out a mortgage. If you are a starting business owner and have only been registered with the Chamber of Commerce (KvK) for 1 or 2 years, you have to meet a number of extra conditions before you can take out a mortgage.

Calculating a self-employed mortgage

The self-employed mortgage is a type of mortgage in which the business owner takes center stage. Everything you need to know about the self-employed mortgage can be found on our website. A number of mortgage advisers affiliated with us specialise in mortgages for business owners.

You will also find our calculator for business owners, in which you quickly get a rough idea of how much mortgage you can get as a business owner.

Step-by-step plan

To make it easy, we have described here in a short step-by-step plan how best to go about getting a self-employed mortgage.

1. Complete your figures

First of all, it is important to get your company's figures complete. The most important measure for a mortgage is your income: the profit of your own business. The bank wants to know whether you can pay the monthly payments, but the income of a business owner varies. That is why a mortgage application looks at your average income over the past three years of business. If you have been self-employed for less than three years, the bank can calculate your average income by also looking at the income from employment prior to your time as a business owner. To calculate your mortgage, the taxable profit of your business is used. In addition, your solvency and liquidity are also taken into account.

2. Fill in the calculation

Now that you have all your figures in order, you can run the calculation for a self-employed mortgage with us. Based on this calculation you receive a result by email.

3. Advice meeting

After a thorough review with one of the mortgage advisers, more is often possible than you initially think. So make sure you have a good conversation with one of the mortgage advisers and discover all the options for taking out a mortgage for business owners.

For the advice meeting you bring three important things:

• your company's figures from the past three years;
• the complete income tax returns from the past three years;
• your registration with the Chamber of Commerce (KvK), so the mortgage adviser can see that you are actually registered as a business owner.

During the meeting you look at the mortgage options together with the mortgage adviser.

4. Take out the mortgage

Once the advice meeting with the mortgage adviser has gone well, you can start looking for a house. Perhaps you have even already found your dream home. Then you can make an offer right away. When your offer is accepted, you can take out the self-employed mortgage.

Income statement for business owners

As a business owner you increasingly need an income statement to take out a mortgage. If you want to take out a mortgage with a National Mortgage Guarantee (NHG), the income statement has even been mandatory since 1 January 2019. The income statement consists of your assessment income and other information, for example about the future viability of your earnings. It is an extensive analysis and forecast of your business.

To take out a mortgage with NHG, your income must be determined by a third party. The NHG has selected four calculation experts where you can go for an income statement: Overviewz, Zakelijk Inkomen, Pentrax and Raadhuys. There are a few exceptions: ING and Rabobank always calculate the income of business owners themselves, in line with NHG. ABN AMRO, Florius, RegioBank and SNS Bank may also calculate the income themselves, but with these mortgage providers you can also come with an income statement from an external party.

What are the pros and cons of a self-employed mortgage?

Depending on your situation, a self-employed mortgage can have quite a few pros and cons.

Advantages

• As a business owner there are advantages to choosing a self-employed mortgage. If you buy a house instead of renting, it becomes your property.
• The advantage of filling in a self-employed mortgage calculation is that you quickly and clearly get an indication of your maximum mortgage.

Disadvantages

• There are also disadvantages to taking out a self-employed mortgage. As a business owner you always have to provide your own profit and you never have a fixed income. If you have a leaner year, you still have to pay your monthly payments. Contact a mortgage adviser to discuss all your chances of getting a mortgage.

Mortgage as a freelancer

As a freelancer (zzp'er, self-employed without staff) you can also apply for a mortgage. Even if you have only been a freelancer for one or two years. With the calculator on this page you see how much mortgage you can get as a freelancer.

Calculate your maximum mortgage as a business owner

To make a rough calculation in advance, you can fill in our calculator. In it you calculate how much mortgage you can get.

After filling in the calculator you receive the result of the calculation by email. We then get in touch with you. This way you get in contact with a professional mortgage adviser and receive expert advice on taking out a self-employed mortgage.

Expert mortgage advice

Want to know more about your mortgage options? Request a free, no-obligation orientation meeting with a mortgage adviser from HypotheekBerekenen.nl.