by Marja Verboket
ABN Amro allows homebuyers old co-finance outstanding debt. Co-finance debt creates housing movement.
Previously, homeowners who had their home loss to co-finance only sold their remaining debt to the bank where they have their original mortgage had closed. ABN Amro now offers all customers the option to finance the remaining debt without additional storage.
The bank does so in the hope that the housing market therefore more moves. It is possible to finance up to 115% of the market value of the property including residual debt. The condition is that the customer has enough income. The new mortgage is also exit condition with NHG.
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