Casarion offers a rental‑mortgage product for professional real‑estate investors in the Netherlands, underwriting loans based on the cash flow of residential, commercial or mixed‑use rental assets rather than personal income. The online portal provides fast, digital processing with flexible repayment options, fixed‑rate terms up to ten years and LTV limits up to 85 % for residential properties. Optional construction‑depot financing and a pre‑payment allowance are also available.
Funding
Funding not disclosed
Founders
Product
Problem
Professional real‑estate investors in the Netherlands often struggle to obtain financing that matches the cash‑flow profile of rental properties. Conventional mortgage products are geared toward owner‑occupiers, involve lengthy underwriting, and impose income‑verification requirements that do not reflect the income generated by leased assets.
Solution
Casarion provides a dedicated Rental Mortgage (Verhuurhypotheek) that is purpose‑built for income‑producing residential, commercial, and mixed‑use assets. The product evaluates the property’s rental cash flow rather than the borrower’s personal income, allowing fast, predictable underwriting through an online portal. Lenders can choose between annuity or interest‑only structures, fix rates for up to ten years, and benefit from flexible loan‑to‑value (LTV) limits up to 85 % for residential and up to 65 % for commercial assets. Optional construction depots enable borrowers to finance renovations without separate loans. The end‑to‑end process—from application and term‑sheet issuance to tax appraisal, signing, and notarial completion—can be completed in five steps, with digital document exchange and dedicated business‑manager support.
Target Audience
Professional real‑estate investors—both corporate entities and qualified individuals—who require financing for income‑producing residential, commercial, or mixed‑use rental properties across the Netherlands.
Features
- Online application portal with secure document upload and real‑time status tracking.
- Cash‑flow‑based underwriting using rental income, DSCR ≥ 125 % and ICR ≥ 135 % thresholds.
- Flexible repayment options: annuity amortisation up to 35 years or interest‑only up to 80 % LTV.
- Fixed‑rate options for 1, 2, 3, 5, 7 or 10 years, with optional “Casarion Switch” to extend the rate term after the first year.
- Construction depot financing up to €100 k (or 20 % of market value) with interest charged only on the reserved amount.
- Tiered LTV limits: up to 85 % for residential, 75 % for mixed‑use (residentiel > commercial), 60 % for commercial‑dominant assets, and up to €3 million per loan.
- No personal income test; loan eligibility is based on property cash flow and tax‑appraiser valuation.
- Annual pre‑payment allowance of 10 % of the original principal without penalty.