Consumers

What is a mortgage?

A home loan or a mortgage is a loan guaranteed by a charge on your property, to buy or renovate a home.

How does it work?

There are various types of home loans. Usually they are long-term loans, for periods of 10 to 30 years. You receive the loan and then pay part of the amount plus the interest owed back to the bank, usually on a monthly basis. You can get an estimate of your monthly Mortgage Loan payments using the Real Estate Simulator (French - Dutch).

Home loans are available at fixed or variable interest rates. 

As you look for a home loan, take the opportunity to read the information in our Mortgage Loan Tips (French - Dutch).

If interest rates on mortgages fall sharply, you might consider renegotiating or refinancing your home loan. For more information, go over the "Renegotiating your mortgage loan" checklist (French - Dutch).

What rules apply?

Mortgage loans are subject to specific legislation. You can find more information on this on the website of the FPS Economy.

What is the FSMA’s role?

The FSMA is tasked with supervising access to the activity of lender and intermediary in mortgage lending. That means that the FSMA ensures that these lenders and intermediaries have the requisite knowledge, experience, training and professional integrity.

Where can you get more information?

You can find more information on home loans on Wikifin.be (French - Dutch).