Dynamic Credit launches bijBouwe: 100% online mortgage loan for consumers
Asset manager Dynamic Credit today successfully launched the first fully online mortgage lender in the Netherlands. Operating under the label bijBouwe, the new lender offers consumers the opportunity to apply for a mortgage directly online, easily and inexpensively.
In a streamlined process, bijBouwe gives customers immediate feedback: They are informed of their options within ten minutes through an interactive online process, and, in some cases, are ready to sign the mortgage deed in as little as five business days.
bijBouwe offers institutional investors a new, efficient and competitive option to invest directly in Dutch home mortgages, which represent a stable long-term investment. Benefits for consumers include the inflow of additional funds into the market, greater competition and increased choice. bijBouwe is looking to achieve a mortgage market share in the Netherlands of 3 to 5%.