ABN AMRO named best mortgage provider in the Netherlands

Press release -

ABN AMRO landed the Gouden Lotus Award Hypotheekmarkt (‘Golden Lotus Award for the Mortgage Market’) for best mortgage provider in the Netherlands in 2019. And not only that: at the HypoVak awards ceremony in Nieuwegein, the Netherlands, on Tuesday 28 May, the bank also landed the Golden Lotus Award for Most Innovative Mortgage Product, for its recently launched Home Equity Mortgage. These awards are an initiative of the InFinance trade journal and the Hypotheek Business Club (‘Mortgage Business Club’). The winners were picked by financial advisers across the Netherlands, who rated the nominees on performance, products and services.

The financial advisers polled commended the expertise of ABN AMRO’s mortgage business staff and their flexible approach to customised solutions for entrepreneurs and other specific target groups. The respondents were also impressed by ABN AMRO’s excellent accessibility and the special preparatory discussions desk it has in place. Other nominees in this category included Aegon and Florius.

Most innovative mortgage product

In the category for Most Innovative Mortgage Product, ABN AMRO scooped the main prize for its Home Equity Mortgage, a new product enabling homeowners to release a proportion of the equity in their homes. The interest charged for this mortgage is added to the mortgage debt, which means that the monthly mortgage expense does not change but the total mortgage debt does. ABN AMRO’s mortgage for sustainable living Duurzaam Wonen Hypotheek was also in the running to win a Golden Lotus Award in this category, as was the Jungo crowdfunding platform for mortgages.

Further boost

Mark Groenendijk, Relationship Management Business Expert for Intermediary Sales, observed: “We’re very proud to receive these awards, a token of appreciation from the independent mortgage advisers that work with us and our products on a daily basis. These Golden Lotus Awards will give us an extra boost to keep doing the very best for this country’s advisers and all their customers going forward.”

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