Municipal start-up loans
Municipal start-up loans help people who have long-term problems with getting a mortgage from a normal bank to buy or make adaptations to their own home. In some cases the municipality may provide a grant as well as the start-up loan.
If you have a start-up loan, it is the municipality and/or the loan servicer, such as Lindorff, that should help you with payment holidays and switching to interest-only repayments. The municipal authorities can also help you with general financial advice.
What is the difference between a municipal start-up loan and a loan from the Housing Bank?
Municipal start-up loans are for people who cannot get a mortgage from a normal bank and are unable to save up for a deposit.
Loans from the Housing Bank are designed to promote high-quality housing. You can also get a loan from us if you buy a home from a developer/agent that offers loans from the Housing Bank.