It has become increasingly challenging to win approval for a home mortgage from traditional banks. All over the world, first-time homebuyers are finding it tougher than before to secure funding from a lender. Instead, they’re continuing to rent, adding to the investment portfolios of others instead of enjoying the opportunity to grow their own wealth and live in their very own home. bunq wants to change that, making it easier for homebuyers to secure a fair loan with reasonable terms.

Buying a House: the Challenges

Why is it becoming more difficult to buy a house? Home prices are rising, and not only that; they’re increasing but many salaries aren’t increasing at a similar rate. Stagnant earnings and higher housing prices make it difficult and, in many cases, impossible for people to secure a traditional bank mortgage.

Higher interest rates, heftier down payments, and steep mortgage payments lend little more than discouragement to people who simply want to live with their own roof above their heads. The status quo has many people scratching their heads, and trying to devise solutions to make it easier for everyone to secure affordable homes and mortgages.

Money Investment with bunq

As a bunq user, you get “Freedom of Choice,” which means that you decide how bunq invests the money you store with us. In the app, you can easily select where your money goes. One of the options you can choose is to invest in personal mortgages. This very simple action allows you to be part of the solution of the problems outlined above, empowering first-time homebuyers to make their dream of real estate ownership come true. At bunq, we provide our users with choice. Invest in green businesses, all companies, or personal mortgages. Choosing to invest in personal mortgages means that you can reduce the challenges associated with mortgage acceptance.

Keeping money in your Bank Account means you get full transparency of what happens to it. We invest funds ethically, responsibly, and give our users the choice in what happens to their money and interest. Freedom of Choice signals a new era in digital banking and investment.

Make Buying a House Easier: Investing in Personal Mortgages

If you want to help others enjoy home ownership with fair mortgage terms, simply open a Bank Account and follow these steps:

1. Head to your Profile in the bunq app

2. Scroll down to the settings

3. Choose “Freedom of Choice”

4. Select “Personal Mortgage”

In just four simple steps, you can help make it easier for someone you may know to secure a home loan with reasonable terms.