DNB Boligkreditt
DNB Boligkreditt AS is a wholly-owned subsidiary of DNB Bank ASA. The company provides loans secured by residential property for up to 75% of the home's value.
Based on the developments in international capital markets, DNB Boligkreditt has obtained a central role in ensuring the DNB Group's long-term and sound financing. This is achieved through the issuance of bonds with preferential rights.
Loans from DNB Boligkreditt provide a basis for favorable interest terms.
Mortgage loans in DNB Boligkreditt
DNB Boligkreditt is a wholly-owned subsidiary of DNB Bank and the vast majority of mortgage customers are also customers in DNB Boligkreditt.
What does it mean to have a mortgage loan in DNB Boligkreditt?
If you apply for a new loan, the loan will be processed by DNB Bank, but it will be provided by DNB Boligkreditt if the conditions for this are met.
If you already have a loan with DNB Bank and the loan is transferred to DNB Boligkreditt, you will receive a notification in connection with the transfer. In addition, the notification at year-end will include information that the loan is with DNB Boligkreditt. As a customer, you interact with your advisor at DNB Bank.
Bonds with preferential rights
DNB Boligkreditt has a license as a credit institution with the right to issue covered bonds. Such bonds are, alongside customer deposits, DNB’s main source of financing. This financing helps DNB to provide competitive conditions for its mortgage loans.