FAQ - ECORENO consumer loan
You can apply for a loan from the Fund if your taxable income does not exceed the maximum income scales listed in the rates table. The home you wish to renovate must be located in one of the 19 municipalities of the Brussels-Capital Region.
The amount of the mortgage loan is calculated on the basis of your repayment capacity and depends on the number of persons in your family. Consult the table of the maximum loan amount.
The interest rate on your loan will be a fixed rate of 1.5% or 2.5%. The interest rate will depend on your household type (single/single parent or other), your household income and the number of dependents.
The credit is concluded under private signature. It therefore does not incur notary fees.
No, for reasons of free competition, we cannot advise you on this subject.
You can get help by consulting the Crossroads Bank for Enterprises (https://economie.fgov.be/fr/themes/entreprises/banque-carrefour-des).
You have a maximum of 12 months to complete the work and draw down the funds to finance it.
Depending on the progress of the work, the amounts will be paid directly to you on the basis of the invoices relating to the agreed work, which you must send us together with your payment order. You will then be responsible for paying the company.
Yes, but you will still have to take into account the requirements in terms of town planning, safety, health and habitability and ensure that you comply with the labour regulations. However, you will not be able to benefit from a premium from the Brussels Region.
Yes, but the purchase will have to be made via a proper invoice.
No, but this list is easily accessible, notably on the FPS Economy website.
In this case, it is not possible to apply for a new loan. However, as long as your financial capacity allows it and you are eligible for a new loan, it will be possible for you to take out a new ECORENO consumer loan, provided that the total amount of your ECORENO consumer loans does not exceed € 25,000.
Yes, but the original budgets cannot be changed.
Do I have to inform the Fund if I want to do other work than that mentioned in the credit agreement?
Yes, prior to such work, particularly if it involves planning permission to alter the original dwelling.
In principle not, but you must notify the Fund when your work is completed.
Contact the trustee in charge of managing the bankruptcy. You will find the necessary information on the Crossroads Bank for Enterprises website.
You should contact the relevant authorities ( municipality, notary) and follow their recommendations.
You can redo a simulation online or obtain a new credit simulation from a credit advisor by contacting us via the contact form and mentioning your simulation number as well as the changes in your situation. A member of staff will contact you to collect the information and carry out a new credit simulation.
You can make a simulation directly online and request an appointment at the same time.
Yes, you can do so at any time, free of charge and without having to pay a re-use fee.
We are always at your disposal in case of payment difficulties. Don't delay in contacting our services: together we will look for the best possible solution.