First request your free credit overview, check the codes and end date, and only then have it assessed whether a mortgage application, correction request or removal request makes sense. A desire for a home alone does not automatically lead to removal.
A mortgage with a BKR registration is not by definition impossible. An ongoing credit without payment arrears can mainly limit your maximum borrowing capacity. A negative coding can make acceptance much more difficult, but the outcome depends on the code, the current status, the acceptance policy of the lender and your entire financial situation.
What does a mortgage lender see at BKR?
A registration without arrears coding is often called a positive registration. That registration can influence the borrowing capacity because the monthly credit obligation counts in the affordability assessment. A negative registration contains an arrears notification or particularity code and can influence acceptance more strongly.
View the exact data for free via Mijn Kredietregistratie. Check the credit provider, code, registered amounts, recovery notification and actual end date.
A-code, recovery notification H and end date
An A-code means that an arrear has been reported. If the arrear has been caught up while the credit continues, a recovery notification H can be placed. If the credit is terminated, an actual end date is registered. An H-code does not make the previous arrear invisible, but it does show that it has been recovered.
The official meaning of A, H and the particularity codes can be found on the BKR page about codes on the credit overview.
Ongoing arrears and mortgage application
With an ongoing payment arrear, a mortgage application is usually extra difficult. Do not solely pay off to force an application, but first check what is registered, whether the information is technically correct and what consequences termination of the credit has for the end date and retention period.
Particularity codes
Code 1 relates to a payment arrangement, code 2 to claiming the credit, code 3 to write-off or waiver and code 4 to long-term unreachability. The meaning and combination of codes are more important than a general ranking from “light” to “heavy”. A lender assesses the full credit overview and its own acceptance rules.
Step-by-step plan before a mortgage application
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Request your credit overview and check the factual data.
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Discuss with an independent mortgage advisor how an ongoing credit or negative registration is processed in the affordability and acceptance assessment.
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Ask the credit provider for correction if data is factually incorrect or outdated.
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Consider a motivated removal request if the registration is technically correct but in your opinion has a disproportionate impact.
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Only submit a mortgage application after you have discussed the feasibility and possible consequences of a new application.
Wait, correct or request removal?
When a credit has been terminated and an actual end date has been placed, the credit data remains visible for five years in principle according to the current BKR system. Check the registered end date; the period does not simply start on the day an arrear has been caught up.
If the remaining period is short and the data is correct, waiting can be a practical option. If the registration is incorrect or if there are compelling circumstances, you do not solely have to wait for the retention period to expire.
Have acceptance policy assessed in advance
Acceptance policy differs per lender and can change. A mortgage advisor can assess in advance what information is needed and whether an application is realistic. This provides no guarantee of acceptance and does not replace correction of incorrect BKR data.
Income, own resources and other obligations
Own resources, income and other obligations are part of the total mortgage assessment. They do not erase a negative coding and do not give a right to a mortgage. Therefore, have both affordability and acceptance policy assessed.
Refinancing a mortgage with a BKR registration
A BKR check and new acceptance assessment can also take place when refinancing. Concretely record which application was rejected, which registration is involved and what financial or housing situation arises as a result. Those documents can be relevant in a correction or removal request, but do not automatically lead to removal.
National Mortgage Guarantee (NHG) and BKR
For a loan with NHG, the current Terms and standards of NHG apply in addition to the acceptance policy of the lender. The treatment of a BKR code depends on the precise code, recovery or end status and the applicable standard. Therefore, have an advisor check the current conditions for your file.
Document check for mortgage and BKR
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Download the current credit overview and keep a copy.
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Check codes, amounts, credit provider, recovery notification and end date.
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Collect proof of repayment, recovery, income, expenses and the concrete housing or refinancing need.
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In case of errors, first request written correction from the credit provider.
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In a proportionality request, substantiate why enforcement is no longer necessary or proportionate in your concrete situation.
What do you do after a mortgage rejection?
A rejection can be drastic, but do not simply draw the conclusion that the registration is incorrect or must be removed. Ask for the reason for the rejection, check the credit overview and separate the mortgage acceptance from the legal assessment of the registration.
How does the balancing of interests work?
According to Kifid on negative BKR registrations, you can request removal at any time. The credit provider must then weigh your interest against the interest of credit registration and protection against over-indebtedness. The outcome is file-dependent.
Relevant factors include technical correctness, the cause and duration of the payment problems, repayment or waiver, current financial stability, elapsed registration duration and the concretely substantiated housing need. A mortgage desire is therefore important evidence, but not an automatic ground for removal.
Costs and legal aid
Whether legal aid on the basis of an addition is possible depends on the current income, asset and case conditions of the Legal Aid Board (Raad voor Rechtsbijstand). Ask this in advance and do not assume automatic reimbursement of a BKR procedure.
Decision route: mortgage with BKR
Start with the credit overview and the acceptance analysis. If the registration is incorrect, request correction. If the registration is correct but possibly disproportionate, motivate a removal request with current evidence. If that is rejected, assess the complaint or legal route that suits the credit provider and your file.
Frequently asked questions about BKR and mortgage
Can I get a mortgage with a positive BKR registration?
That may be possible. The ongoing credit obligation can lower your maximum borrowing capacity. The lender assesses the total financial situation and its own acceptance policy.
Can I get a mortgage with a negative BKR coding?
That is often more difficult and depends on the code, recovery or end status, current financial situation, lender and any NHG standards. There is no general guarantee of acceptance.
How long does a terminated credit remain visible?
After placement of the actual end date, the credit data remains visible for five years in principle according to the current BKR system.
Can I have a BKR registration removed earlier?
You can request correction in case of factually incorrect data. In case of a technically correct negative registration, you can make a motivated removal request; the credit provider must weigh the interests.
Is a mortgage desire sufficient for removal?
No. The housing need can weigh in, but is assessed together with the correctness, severity and duration of the registration, the cause of the problems and your current financial stability.
Also read about BKR and mortgage
- Request BKR registration
- BKR codings A, H and 1 up to and including 4
- Correct or remove BKR
- What does a mortgage lender see at BKR and EVR?
