A2 coding BKR: what does this mean and what can you do about it?

An A2 code from the BKR is the most severe negative record you can receive from the Credit Registration Bureau. This code means that a lender has declared your loan fully due and payable due to serious payment problems. With an A2 code, it becomes virtually impossible to obtain a mortgage, loan, or other financing from traditional banks. The record remains on file for 5 years after the debt has been fully repaid, but legal removal under the GDPR may offer a faster solution under certain conditions.

We understand how much of a burden an A2 credit rating can be on your life. Perhaps you’ve run into financial difficulties due to circumstances such as illness, job loss, or a divorce. Now that your situation has stabilized, you want to move forward—whether that means buying a home for your family, financing a car for work, or simply regaining your financial freedom. That A2 credit rating is holding you back, but there are more options than you might think.

Getting a mortgage with an A2 coding BKR: is it possible?

Getting a mortgage with an A2 rating is extremely difficult, but not entirely impossible. First of all, your A2 rating must have an expiration date. Without an expiration date—and with the debt still outstanding—you won’t stand a chance with any mortgage lender.

If your debt has been discharged, you must meet very strict requirements. There must have been a compelling external cause for your payment difficulties. Examples include serious illness, long-term unemployment due to a business closure, a contentious divorce, or the bankruptcy of your own business due to economic circumstances. Deliberate default or chronic financial misconduct will always result in rejection.

Your current financial situation must also be crystal clear. A permanent, open-ended employment contract is almost always required, preferably one that has been in place for at least two to three years. You must not have incurred any new debts or fallen behind on payments. And you must have a substantial down payment, often between 20% and 40% of the home’s value.

“Many people with an A2 credit rating think they have no chance of getting a mortgage. That’s true in 90% of cases. But I also see situations where people have completely turned their lives around after medical issues or bankruptcy. With the right approach—and especially by first investigating whether legal removal is possible—we can sometimes still create opportunities.”
Deepak, legal specialist at Dynamiet Nederland

Even if you meet all the requirements, your chances of success remain low. Furthermore, specialized mortgage lenders who are willing to consider your situation charge significantly higher interest rates. Over the course of a 30-year mortgage, this can cost tens of thousands of euros extra.