Starter loan application
The Starter Loan bridges the difference between the purchase price of your home and the maximum amount you can borrow from the bank. Complete the online allocation letter.
Approach
Here's how to apply for a Starter Loan:
- Complete the online form.
- After approval from the municipality, you apply for the Starter Loan at Het Stimuleringsfonds Volkshuisvesting (SVn). The SVn issues the Starter Loan for the municipality.
Description
You are a starter if you want to buy a home for the first time. As a starter, the purchase price of your home may be higher than the maximum amount you can borrow from the bank. You can then borrow money in addition to your mortgage. This way you can make up the difference between your maximum mortgage amount and the purchase price.
For the Starter Loan, the interest rate is fixed for 15 years. You pay no interest and repayment for the first 3 years.
Terms
Conditions for a Starter Loan:
- It is your first home for sale.
- The scheme is for people who will buy a home in Heerlen.
- The maximum loan amount for starters is €56,000.
- The house costs up to €280,000 including improvement costs (existing construction) or additional costs (new construction).
Objection and appeal
Do you disagree with the municipality's decision? Then you can file an objection. With this you let the municipality know why you disagree with the decision. Do this within 6 weeks. The municipality will review your application and make a new decision.
After that, if you still don't agree with the decision of municipality? Then you can ask the court if the municipality made a good decision. This is called "appeal.