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Nationale Hypotheek Garantie
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Nationale Hypotheek Garantie (NHG), executed by the Stichting Waarborgfonds Eigen Woningen (WEW), is a Dutch mortgage guarantee fund that aims to make responsible homeownership accessible and affordable. Established to support the housing market, NHG provides a safety net for homeowners who can no longer afford their mortgage payments due to circumstances like unemployment, divorce, or disability. By guaranteeing the loan, NHG reduces the financial risk for mortgage lenders, which in turn allows them to offer lower interest rates to borrowers, promoting stability and accessibility in the Dutch housing market.
Netherlands
Industry
Financial