How does NHG work?

Unemployment, incapacity for work, divorce, death of a partner are events which can happen to anyone. And in many cases, they result in a serious loss of income. This can make it difficult for you to meet your financial mortgage-related obligations and, in the worst case, may even force you to sell your home. If the proceeds of a forced sale are insufficient to redeem the mortgage, you are left with a residual debt. Fortunately, National Mortgage Guarantee offers help. The Homeownership Guarantee Fund ensures that this residual debt is settled with your lender. However, you must have tried to minimise the level of the debt, for example by contacting your lender as soon as you fell behind with payments. The remaining amount is then waived, meaning that you can start again: that’s security!