Good Finance offers mortgages in the Netherlands. What does this provider have to offer? View the Good Finance mortgage interest and the review of the mortgage conditions.
Good Finance: pronounced ‘I live’ or is the emphasis on the GF? The new lender writes on its website to offer smart mortgages and to put the customer first. Will Good Finance deliver on these promises? We discuss the mortgage interest rates and conditions.
Good Finance mortgage interest
The mortgage interest rate of Good Finance was very sharp during the introduction, especially with NHG. The label was in the top 10 of the interest rate overview for 10 years at the mortgage rate. More than half a year later, the Good Finance mortgage interest rate dropped to the middle of the overview. The money lender does not offer a variable mortgage interest
Wide range of mortgages
Good Finance offers a wide range of mortgages with repayment forms: linear, annuitary and repayment-free. Customers can choose from a mortgage with or without a National Mortgage Guarantee (NHG). Both starters and homeowners who want to move or relocate can opt for an Good Finance mortgage.
Good Finance mortgage terms and conditions
The conditions, or the fine print, also determine the success of a mortgage provider. The terms and conditions of Good Finance are generous. For example, an offer is valid for 4 months and the interest offered is lowered after an interest rate fall. Also, 20% can be repaid without penalty, the risk class is automatically lowered and the label has a flexible take-along and transfer scheme.
800 million euros
Good Finance, (institutional) investors can invest in the Dutch mortgage market. In this case it is a ‘European financial institution’ whose name is not disclosed. The investor wants to provide mortgage loans in the Netherlands for 800 million euros over the next 1.5 years.
The fact that the investor is not disclosed is met with criticism. The Dutch Association of Mortgage Planner, among others, believes that it is ‘in the interest of the consumer’ that the funder is made known. The mortgage adviser can then take this into account in the advice.
Dutch mortgage market popular
In recent years, several new lenders have been introduced to the financing of institutional investors, such as pension funds. Investing in the Dutch mortgage market is attractive now that the interest rate on government loans is low. At the same time, ‘traditional’ banks are being subjected to stricter rules. This means that new lenders, Good Finance can quickly grab market share. Read more about the benefits and risks of these new mortgage providers.