Mortgage Dictionary - Credit Assessment

Master the language of Swedish mortgages and real estate. From belåningsgrad (loan-to-value) to handpenning (earnest money) – understand every term you'll encounter when buying a home in Sweden.

Selected Tag: Credit Assessment

A

🇸🇪BetalningsförmågaAbility to pay (repayment capacity, debt service ability)
Credit Assessmentapplicationrequirements
The bank's assessment of whether you can handle paying the loan. Based on income, expenses, and financial stability.

C

🇸🇪KreditscoringCredit scoring (credit score, credit rating)
Credit Assessmentapplication
A scoring of your creditworthiness based on your financial history. Higher score gives better loan terms.

P

🇸🇪Fast anställningPermanent employment (full-time employment, indefinite contract)
Credit Assessmentapplication
Secure employment that banks prefer. Easier to get a loan than with temporary employment or self-employment.

S

🇸🇪EgenföretagareSelf-employed (business owner, sole proprietor)
Credit Assessmentapplication
If you run your own business, the bank often wants to see several years of accounts to assess your income.