Loan for starters

Would you like to buy your first home, but are you unable to obtain a sufficient mortgage? You may be eligible for the Starter Loan. This loan can make purchasing your first home possible after all.

If you meet the conditions, you can apply for the Starter Loan via the online application form in Dutch. You will need DigiD to submit your application.

Start your application (Dutch only)

Conditions

You can apply for the Starter Loan if you meet all of the following conditions:

  1. You are buying a home for the first time and will live in the property yourself.
  2. Your mortgage falls under the National Mortgage Guarantee (NHG) scheme.
  3. You or your partner meet one of the following three situations:
    • You currently live in Helmond (no extract required).
    • You work for an employer in Helmond with an employment contract of at least 20 hours per week, which will continue for at least one more year at the time of application.
      In this case, have your employer complete the “Employer’s Declaration Starter Loan” form (in Dutch).
    • You have lived in Helmond for at least three years in the past. You must prove this with a BRP extract showing historical addresses, which can be requested from your current municipality. Do this before applying for the Starter Loan to avoid delays.

How much can you borrow?

  • Maximum €50,000
  • This amount is in addition to your mortgage
  • The exact amount depends on your income
  • The purchase price of the property may not exceed €470,000

What is the interest rate?

The interest rate is fixed for 15 years. View the current interest rate at Svn.nl.

When do I start repaying the loan?

  • You do not pay interest or repayments during the first 3 years

  • After 3 years, SVn will review your financial situation

  • Depending on the outcome, you may start paying interest and repayments

What documents do I need to submit?

  • A signed preliminary purchase agreement
  • If applicable:
    • A BRP extract (if you previously lived in Helmond)
    • An employer’s declaration (if you work in Helmond)

What happens after I apply?

  • You will receive a confirmation of receipt by email.
  • We will assess your application within 8 weeks (this is the maximum period).
  • In most cases, you will receive a response by email within a few working days.
  • If your application is incomplete, the process will take longer.
  • If your application is approved, you will receive an allocation decision from the Municipal Executive (Mayor and Aldermen).
  • You then apply for the loan directly with SVn, following the instructions in the allocation decision.
  • If the assessment is positive, you will be granted a Starter Loan and SVn will send you a loan offer.

Questions?

Please contact Ms. Romonesco:
Call: 14 0492
Email: gemeente@helmond.nl