Housing - Mortgages - what a bank looks for

When looking at the house or apartment prices in Luxembourg, normally one also needs to consider a mortgage.

Have you ever wondered what a bank looks for when you apply?
Well, Sandrine de Vuyst, Head of Retail and Private Banking at ING, discusses just that.

It's all about maintaining a healthy debt to income ratio, to avoid over-indebtedness. And there are lots of credit simulation tools online.

© Lisa Burke

Banks have a duty to take care of their clients and lend only when they think it is in the best interest of the client and their potential to pay back.

Hope you enjoy the penultimate podcast in this mini-series!

Housing Series

How to Buy 
Housing Trends
Buy to Let 
Fonds du Logement
Luxembourg under Destruction

Subscribe to the podcast

Please subscribe to my series and leave a review for us - it really helps for our podcast to be found. You can subscribe to all my podcasts on whatever player you choose to use: RTL Play, iTunes, Spotify or XML.

Get in touch with Lisa Burke here.