Do you want to buy a house and take out a loan for it soon? Several tests are performed when applying for a mortgage. For example, your income is examined and your BKR registration plays an important role. A negative BKR registration often causes problems when applying for a mortgage. How exactly does this work with student debt? Does this debt fall under BKR registration and does it cause problems?
Applying for a mortgage with student debt: is it possible?
Initially, student debt will not cause your mortgage application to be rejected. Nevertheless, the debt does affect your loan. Namely, it affects the maximum amount you can borrow. When applying for the mortgage, your BKR registration will be looked at in combination with your student debt. You are probably already wondering: but a student debt at DUO is not covered by a BKR registration, right? This is true. The study debt is an exception at the BKR. This is because this is a different type of loan than, say, a loan for a car or television.
So what does the BKR cover? The BKR registers virtually all credit agreed upon in the Netherlands. You can think of a mortgage, a telephone contract, being in the red, a revolving credit and private lease. The government has decided not to register student debt, so DUO, as a government agency, does not share data with the BKR.
