When you buy housing, the home purchase is usually financed by a mortgage loan or the like. However, not every home purchase mortgage institution and banks want to finance it.
If you want to buy a house in an area where you cannot get mortgage loans, buy a cottage or a colony garden, or borrow for payment, there are other options:
If you borrow for a cheap house, apartment, cottage or colony house, a consumer loan in one of the following banks can be an alternative:
What is a mortgage?
You will usually be able to get a mortgage through a bank or a mortgage credit institution. In some cases, it may be difficult to get banks to help finance home purchase:
- When you buy cheap housing in the outer areas.
- When buying a cottage.
- When buying colonial gardens.
You can possibly finance your home purchase through a consumer loan. It is a more expensive solution, but can be the only option.
At Bank Gandalf you can borrow up to DKK 400,000 and at Santander you can borrow up to DKK 350,000.