Bid Certificate
In today’s overheated housing market, the conditions of your offer are often the deciding factor. With BankGarantieZeker from Nationale Waarborg, you can make an offer without a financing contingency, while remaining fully protected.
Secure Your Offer
In the unlikely event that your mortgage application is rejected by the lender, the risk of losing the costly deposit is covered. This gives you a rock-solid position at the negotiating table, while your personal capital remains protected.
What is the bid certificate
BankGarantieZeker is a certificate that allows you to make an offer without a financing contingency. It does this by covering the risk of the contractual penalty in the event your mortgage application is rejected by the bank. An application is submitted to the insurer in advance for approval.
Coverage limits
The maximum property purchase price is €999,999. This certificate covers the deposit up to a maximum limit of €99,999.
Who can apply?
You must be 18 years or older and have an income from salaried employment. Business owners and self-employed individuals are not eligible for this certificate.
Valuation Requirements
Before placing a bid, the property’s value must be assessed via a desktop appraisal (e.g., Calcasa) or a formal statement provided by an independent real estate agent.
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Apply for a bid certificate
Frequently Asked Questions
Yes. You receive interest credit on the remaining balance in your construction depot that has not yet been spent.
The advantage: This credit is usually equal to the mortgage interest rate you are paying. As a result, you initially pay almost nothing net for the additional amount borrowed. As you pay more invoices and the depot balance decreases, the interest credit reduces, and you will start paying the full monthly installment.
No, generally not. A construction depot is strictly intended for items that are “fixed” to the house.
Once the renovation is finished and there is still a remaining balance in your deposit, the bank will use this amount to immediately reduce your mortgage balance.
Yes, most lenders allow this. It is often a smart way to significantly lower your monthly payments.