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Apply for starter loan

Starter loan is a loan from the municipality for people who have problems getting a loan from a regular bank. It can be used to buy a home or refinance expensive debt.

What is a starter loan?

Starter loan is a loan from your municipality financed by Husbanken. It's meant for those with stable income but who can't get a loan from a regular bank.

The starter loan can cover all or part of the purchase price for a home. The interest rate is favorable and you can get long repayment time.

Who can get a starter loan?

  • You must have long-term problems getting a loan from a regular bank
  • You must have the ability to service the loan over time
  • You must need housing (first-time buyers, families with children, single providers)
  • You must be able to document your income
  • You must have tried to get a loan from a regular bank first

How to apply for starter loan

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Contact a bank and ask if they can give you a mortgage. If they say no, ask for written confirmation of the rejection.

Tip!

The rejection from the bank is important documentation in your application.

Useful tips

  • Start the process early - processing time can be long
  • Be realistic about what you can afford
  • You may get starter loan together with grants in some cases
  • The municipality can help you find a suitable home
  • You can apply for payment deferral if your finances change

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Last updated: 15 February 2026