u/Disastrous-Present94

▲ 6 r/BEFire

Leveraging home for loan with aim to invest

Hi everyone,

I’m trying to figure out whether what I’m looking for is realistically possible in Belgium, or if I’m just talking to the wrong institutions.

My home is more than 80% paid off, and I wanted to use the remaining equity/value of the property as leverage to borrow money for investing purposes (mainly WEBN).

I spoke with Belfius and KBC, but both gave me negative answers. They seemed very reluctant once the purpose of the loan was “investing” rather than renovation or another property purchase.

Does anybody know if this is feasible and if so to what kind of financial institution I should be redirected?

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u/Disastrous-Present94 — 13 days ago