Starter loan: questions and answers

The Starter Loan is a loan for first-time buyers. This loan is in addition to the regular starter mortgage with National Mortgage Guarantee (NHG). If you take out a mortgage with NHG, you may be eligible for a starter loan. This loan is intended to give first-time buyers more opportunities to purchase their first home.

This loan fills the gap between the purchase price of the new home and the maximum mortgage you can obtain as a first-time buyer. You can take out this loan in addition to a starter mortgage with a mortgage type that suits you (annuity or linear).

This loan is available in around 200 different Dutch municipalities, including the municipality of West Maas en Waal. The exact options and conditions for a Starter Loan vary per municipality. The Starter Loan is offered by the Dutch Municipal Housing Stimulation Fund (SVn).

The starter loan is intended for buyers who have not previously owned their own home and who are unable to finance their first home in full with a mortgage. The starter loan is a second loan.

Depending on your financial capacity, the starter loan in our municipality amounts to a maximum of €50,000. To be eligible for the loan, the property, including additional costs, may not exceed €450,000. For investments in energy-saving measures, the maximum cost limit is €477,000.

Of course, the property is located in this municipality and you will be living there yourself.

You can apply for a starter loan using the form below:

Apply for a starter loan

There are financial risks associated with a loan. It is important that you understand what these risks are. That is why you will be asked to complete a questionnaire when you submit your official application.

This is not mandatory. However, it is common practice to engage a mortgage advisor when purchasing a home to mediate or organize the financing. Mortgage advisors are usually well informed about starter loans. They can help you apply for a starter loan.

Please submit the following documents together with the online application form (for both the applicant and the co-applicant):

• Copy of the purchase/contract agreement or purchase contract signed by both parties (this must include resolutive conditions subject to financing).
• Copy of valid identification (passport or identity card)
• Copy of lease agreement(s) and/or statement from the landlord (if applicable)
• Are you planning to install energy-saving facilities? If so, you will need an overview of these facilities, including quotes from the contractor(s). Ensure that the energy-saving measures are listed and budgeted separately.
  Examples of energy-saving measures include: high-efficiency boiler, roof, pipe, and floor insulation, HR++ glass, energy-efficient window frames and/or doors, energy-efficient ventilation including high-efficiency fans, heat pump, heat recovery, solar boiler, and solar cells.

We only process complete applications.

The municipality determines whether you are eligible for a starter loan.
The Stimuleringsfonds Volkshuisvesting (SVn) administers the starter loan. SVn is responsible for the application procedure, the financial assessment, and the provision of the loan.

The Dutch Housing Fund (SVn) offers various loans that consumers and businesses can use to realize their housing and work aspirations. Together with municipalities, provinces, or housing associations, SVn offers affordable loans to finance your home, renovation, or commercial property. For more information , visit svn.nl.

You will receive written notification from the municipality within a few days to a maximum of two weeks.

No. An approval letter means that you or your mortgage advisor may submit an application for a starter loan to SVn.

No, the amount of the starter loan is a one-time payment and cannot exceed the amount granted.

The interest rate is determined on the date the application is received by the Stimuleringsfonds Volkshuisvesting (SVn). You can perform a trial calculation on the SVn website at . The trial calculation uses the interest rate applicable at that time. If you have any questions about how the interest rate is determined, please contact SVn.