Starter loan in Kerkrade: more opportunities for first-time buyers

Good news for first-time buyers in the Kerkrade housing market. The Requirements starter loans have been relaxed, making more homes affordable. The maximum purchase price of the home has been increased from €280,000 to €345,000. The maximum starter loan remains €56,000. 

The starter loan is an additional loan on top of your regular mortgage and bridges the gap between the purchase price and the maximum amount you can borrow from the bank. You pay no interest or repayments for the first three years. After that, your income is assessed to determine what you can afford.

Alderman Geers (housing): "With this increase, we are responding to the current housing market. We want to give first-time buyers a real chance to buy their first home in Kerkrade. By raising the purchase price limit, we are better aligned with today's prices."

The application is submitted via the municipality and SVn and can be made after the purchase agreement has been signed.

More information and all Requirements at: kerkrade.nl/starterslening