This is how Viisi will get you a mortgage as a PhD candidate
This shows that many PhD candidates therefore wrongly postpone buying a home, and it’s something we want to change.
PhD candidates often fall outside the standard acceptance criteria of lenders, but lenders can deviate from this, provided that they are well motivated. Much depends on the preparation of the mortgage application.
Viisi understands the situation of PhD candidates, as well as the criteria affecting financing.
A greater role for educational attainment and career prospects
The number of permanent employment contracts has been decreasing for years. For many mortgage providers, this is a reason to look at criteria other than the employment contract alone. Education level and career prospects are increasingly becoming determining factors, which can be to the advantage of PhD students.
We are looking to accelerate this trend, and are realizing this by, among other things, bringing the financial potential of PhD students to the attention of lenders.
Career prospects equal security
After completing their studies, PhD candidates soon find employment, whereby they usually earn a pretty decent salary. This is especially the case for PhD research in the medical, legal or technical field.
This is confirmed by a study conducted by Leiden University among PhD graduates: out of all academics, PhD graduates are most likely to be in paid employment following their studies. Just over 2% will not have a job after completing the training and PhD programme, compared to the nearly 8% unemployed among the Dutch labour force as a whole.
We know the right mortgage providers
We know exactly which mortgage providers take PhD graduates into account in their assessment policy. This is the case for about a quarter of all lenders.
We understand what a PhD entails
Through years of experience with the highly educated target group, we know what is decisive in terms of obtaining mortgage financing. We notice that banks are relatively unfamiliar with PhD graduates, and we therefore regularly explain to mortgage underwriters what PhD research is.
To summarize: we are specialized in high level-educated clients, and regularly encounter PhD graduates. In addition, all advisors who work for us are academically trained or graduates. We are therefore very well versed in getting across why you, as a PhD graduate, are suitable to take out a mortgage.