The ING bridging loan is for all individuals who want to buy or build a property (apartment, house etc) for mainly personal purposes.
The bridging loan is a short-term mortgage loan that enables you to bridge the gap between the transaction to sell your previous property and the transaction to complete the purchase or construction of your new house or apartment. In other words you finance your property purchase on a short-term basis, either in full or in part, by borrowing the future proceeds from the sale of your home.
The loan means you are in a position to finalise your purchase independently of the date your current property is sold.
More about:
"},"textLinks":[{"url":"/en/individuals/my-life/housing/buying-building-renovating-home","text":"buy or build a property"}]},{"componentType":"paragraph","title":"Managing the ING Bridging Loan online","richBody":{"value":"You have signed on the dotted line and your loan is officially granted. You can now manage particular aspects of the mortgage loan directly in Home’Bank:
More about:
"},"textLinks":[{"url":"/en/individuals/daily-banking/pc-banking","text":"Home’Bank"}]},{"componentType":"paragraph","title":"Repayments and receipt of the loan amount","richBody":{"value":"You receive the money in one lump sum when you buy your new property. On the other hand, if you are building a house or apartment, you have the option to obtain the amount in tranches.
You repay the interest monthly, calculated on the total amount. Once your previous property is sold, you repay the capital in a lump sum with no charges.
Good to know: since the date of sale is often not specific, it is laid down that in the event of early repayment, you pay no re-investment penalty.
"}},{"componentType":"paragraph","title":"Amount, rate, term and charges","richBody":{"value":"The maximum amount you can borrow depends on the nature of your project and your repayment capacity.
The rate of interest payable is fixed for the entire term of the loan. The term of a bridging loan can range from 3 to 12 months. Did you sell your property earlier than you anticipated? You have no re-investment penalty to pay in the event you repay the loan ahead of schedule.
"}},{"componentType":"sectionTitle","title":"Apply for this loan"},{"componentType":"applicationProcess","steps":{"stepList":[{"title":"Discover the different ways to get in touch","body":"…if you need further information"},{"title":"Submit your loan application","body":"Application accepted? You will receive a written offer to sign and the loan is agreed!"}]}},{"componentType":"cta","textLink":{"url":"/en/individuals/services/contact-us","text":"Get in touch"}},{"componentType":"sectionTitle","title":"Services and contact"},{"componentType":"cards","cards":[{"componentType":"serviceCard","cardType":"service","cardSize":"small","title":"View all your loans in one place?","intro":"Consult your lending overview via Home'Bank.","image":{"transformBaseUrl":"https://assets.ing.com/transform/b633ace9-986f-4317-bf25-124f5c521257/Tools_Outline_RGB","type":"image","width":267,"altTextEN":"\"\"","altTextNL":"\"\"","altTextFR":"\"\"","altTextDE":"\"\"","original":"https://assets.ing.com/m/42ce252cfd175923/original/Tools_Outline_RGB.png","extension":"png"},"link":{"url":"https://ebanking.ing.be/banking/overview"}},{"componentType":"serviceCard","cardType":"service","cardSize":"small","title":"Have a question about your mortgage?","intro":"Ask it online in Home'Bank","image":{"transformBaseUrl":"https://assets.ing.com/transform/b633ace9-986f-4317-bf25-124f5c521257/Tools_Outline_RGB","type":"image","width":267,"altTextEN":"\"\"","altTextNL":"\"\"","altTextFR":"\"\"","altTextDE":"\"\"","original":"https://assets.ing.com/m/42ce252cfd175923/original/Tools_Outline_RGB.png","extension":"png"},"link":{"url":"https://ebanking.ing.be/banking/overview"}},{"componentType":"serviceCard","cardType":"service","cardSize":"small","title":"Use a different account for your repayments?","intro":"Change the account linked to your loan in Home'Bank","image":{"transformBaseUrl":"https://assets.ing.com/transform/b633ace9-986f-4317-bf25-124f5c521257/Tools_Outline_RGB","type":"image","width":267,"altTextEN":"\"\"","altTextNL":"\"\"","altTextFR":"\"\"","altTextDE":"\"\"","original":"https://assets.ing.com/m/42ce252cfd175923/original/Tools_Outline_RGB.png","extension":"png"},"link":{"url":"https://ebanking.ing.be/banking/overview"}}]},{"componentType":"paragraph","richBody":{"value":""},"textLinks":[{"url":"/en/individuals/services","text":"More services and how to contact us"}]}]},"complementaryZone":{"flexComponents":[{"componentType":"sectionTitle","title":"Also interesting!"},{"componentType":"cards","cards":[{"componentType":"articleCard","cardType":"article","cardSize":"medium","title":"Buying or selling homes during corona","body":"Frequently asked questions","image":{"transformBaseUrl":"https://assets.ing.com/transform/e6ebe60f-b687-4863-8865-43b53b016102/home-buying-corona-1920","type":"image","width":1920,"original":"https://assets.ing.com/m/32a7d26721cb3636/original/home-buying-corona-1920.jpg","extension":"jpg"},"date":"2020-05-14"},{"componentType":"productCard","cardType":"product","cardSize":"small","title":"Mortgage loan","intro":"To buy / build or renovate your home (For renovations >25.000€).","image":{"transformBaseUrl":"https://assets.ing.com/transform/5b4a8617-83c9-4a7a-a5e3-73bdcee66986/Mortgages-YOUNG-MAN-IN-MID-AIR","type":"image","width":4766,"altTextEN":"young man in mid air","altTextNL":"jonge man in de lucht","altTextFR":"jeune homme dans les airs","original":"https://assets.ing.com/m/5692580032446261/original/Mortgages-YOUNG-MAN-IN-MID-AIR.JPG","extension":"jpg"},"link":{"url":"/en/individuals/borrowing/mortgage-loan"}},{"componentType":"productCard","cardType":"product","cardSize":"small","title":"Renovation loan","intro":"Installment loan to finance your house or apartment renovations.","image":{"transformBaseUrl":"https://assets.ing.com/transform/3955c2fa-36ae-4799-a7a2-00c51325793f/diy_renovation","type":"image","width":814,"original":"https://assets.ing.com/m/2299e5f3d09767a6/original/diy_renovation.jpg","extension":"jpg"},"link":{"url":"/en/individuals/borrowing/renovation-loan"}}]}]},"legalZone":{"flexComponents":[{"componentType":"sectionTitle","title":"Legal notes"},{"componentType":"paragraph","richBody":{"value":"The ING Mortgage Loan, the ING Bridging Loan and the Mortgage loan combined are mortgage loans subject to the law of April 2016 concerning mortgage loans. Offer reserved for natural persons over the age of 18 and subject to prior acceptance of your application by ING Belgium and to mutual agreement.
Your application and any approval of your application by ING Belgium (after examination of your file by ING Belgium) in-branch or via the ‘Mortgage Loans Online’ service at ing.be are not binding for ING Belgium or you until you’ve signed the credit offer at your ING branch (or, in the case of an online application, at home) and returned it to ING. (subject to prior approval of your file by ING). Before this, we’ll look at whether the data disclosed in your application are correct and complete based on, for example, the supporting documents that have been or will be supplied).
General conditions for ING loans are available from any ING branch and on ing.be.
ING Belgium NV/SA – Bank/Lender – Marnixlaan/Avenue Marnix 24, B-1000 Brussels – RLP Brussels – VAT: BE 0403.200.393 - BIC: BBRUBEBB – IBAN: BE45 3109 1560 2789
"}}]}}}