NHG (Nationale Hypotheek Garantie)

The Dutch National Mortgage Guarantee is a guarantee on a home loan that protects the lender, and in practice the borrower, if payments can no longer be made. If the home is sold after payment problems and the sale does not cover the remaining mortgage debt, the guarantee covers the shortfall, provided the mortgage and buyer meet its conditions. It is only available for homes below a maximum purchase price, which is adjusted from time to time, so buyers of more expensive homes may not qualify.