{"id":4517,"date":"2022-04-05T16:11:15","date_gmt":"2022-04-05T14:11:15","guid":{"rendered":"https:\/\/affordablehousingactivation.org\/?post_type=tribe_events&p=4517"},"modified":"2022-04-28T17:44:07","modified_gmt":"2022-04-28T15:44:07","slug":"national-mortgage-guarantee-the-netherlands","status":"publish","type":"exemplary_case","link":"https:\/\/affordablehousingactivation.org\/es\/casos-de-exito\/national-mortgage-guarantee-the-netherlands\/","title":{"rendered":"National Mortgage Guarantee \u2013 The Netherlands"},"content":{"rendered":"

Description<\/b><\/p>\n

The National Mortgage Guarantee (Dutch: Nationale Hypotheek Garantie [NHG]) is a guarantee scheme for providers of homeowner mortgages such as banks.\u00a0 It guarantees to repay the residual debt if a bank forecloses on a homeowner mortgage.\u00a0 It thereby helps increase availability of homeowner mortgages, reduce costs by reducing the risk to banks providing mortgages, and the risk to homeowners if they cannot afford to pay.<\/span>\u00a0<\/span><\/p>\n

Actors involved<\/strong><\/p>\n

Nationale Hypotheek Garantie (NHG)<\/span>\u00a0<\/span><\/p>\n

Scale<\/strong><\/p>\n

Local<\/span>\u00a0<\/span><\/p>\n

More information\u00a0<\/strong><\/p>\n

The NHG guarantee is only available for mortgages which meet specific criteria for responsible lending and borrowing.\u00a0 These place limits on the maximum mortgage available, and on the ratio of the mortgage to the borrowers\u2019 income, ensuring borrowers can cover their living costs while servicing their mortgages.\u00a0 Holders of NHG-guaranteed mortgages can draw on the guarantee in the following circumstances:<\/span>\u00a0<\/span><\/p>\n