Housing loan despite payment note

Taking a home loan is often a very big and important step in life. Usually this loan is taken when it is a move to something new. However, if you have one or more payment notes registered on you, there is a risk that this may affect the possibility of being approved in a home loan application.

Here we will explain how it works to obtain a home loan despite payment note because you should not be too worried. If you have a good order for your finances otherwise, there should be no major problems to be approved.

Special lenders

Special lenders

In Sweden, there are almost half a million people who have payment remarks. This means that there is also a large market for lending institutions to enter. A note of payment does not necessarily mean that the person has poor finances, for example, they may arise after carelessness. If they have arisen due to financial difficulties, there are also great possibilities that these problems have been solved when the application is submitted. A payment note is registered for three years which is a long time.

The loan institutions that approve that people are looking for home loans with a payment note have just come up with this. Generally, you can say that there are some newer players offering this kind of loan. The old classic banks almost always say no to home loans for people with a down payment.

Why do they lend?


The big advantage you have when you apply for a home loan despite a payment note is that it is precisely a mortgage that the application concerns. This is a loan that has the home as collateral, which means that the loan institution has a much greater security when lending.

Should you not be able to repay the repayments, they may require the property to be sold to repay the loan, which makes them feel more secure about getting their money back. And if there is less risk for the lender, it will normally be that you as a borrower will have better conditions and more opportunity to get approved.

One thing to keep in mind is that even though these lenders lend money to you who have payment notes so the note carries with them something negative. There is a greater risk of lending when a comment is somewhat negative. This often means that you have to pay a slightly higher interest rate for your loan.

First mortgage


The part of the home loan that is relatively easy to get approved for is the mortgage loan. This is the part that the house stands for as security. The remaining part of the purchase price you must either pay cash or obtain other loans to cover.

This can be a little more difficult, but if you have a good order of the finances, it probably shouldn’t cause too much trouble. The bottom loan can amount to a maximum of 85% of the value.

Who lends money?

A little further down on this page you will find suggestions on loan institutions that offer you to apply for home loans even if there are active payment notes.

Then of course we cannot guarantee that you will be approved for an application, what we know is that these are some of your best options.

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