Mortgage to buy a home from a developer

Husbanken encourages customers to send documents securely, as standard email is not considered a safe channel for transmitting sensitive information, such as health details, ethnicity, or income. Ensure all sensitive information is securely handled by using the Housing Bank’s secure digital submission service.

Application Process:

1. Fill out the application form: Use the form Application for a Loan for High-Quality Housing (PDF, Norwegian).
2. Submit the application digitally and securely:
   • Log in using ID-porten (e.g., BankID, Buypass).
   • Complete the required fields (title, message) and upload the completed application form along with any attachments.

   Use this service if there is no specific digital application solution available for your purpose.

3. Alternative for those who have opted out of digital mail: If you have opted out of digital mail, you can send the application by post to Husbanken, Postboks 1404, 8002 Bodø.

Loan Disbursement:

To receive an approved loan or grant, you must complete the Application for Disbursement of Approved Loan/Grant (PDF, Norwegian).

Log in using ID-porten and submit the application digitally and securely.

Important to Note:

If you are granted a loan from the Housing Bank and subsequently sell the right to the property, the loan from the Housing Bank will be cancelled.

What are the requirements to get a mortgage from the Housing Bank?

When applying for a mortgage as an individual, you can request a loan to cover up to 85% of the project's total cost. The remaining 15% must be covered with your own deposit.

The Housing Bank evaluates your loan application based on the following criteria:

1. Repayment Ability:
   Your ability to repay the loan is assessed by simulating how you would handle a 5 percentage point increase in the interest rate, as required by Section 3 of the Norwegian Regulations on Mortgages.
2. Financial Capacity:
   The amount you can borrow is determined by an evaluation of your:
• Income
• Existing debt
• Household expenses
• Housing-related expenses
• Shared costs (e.g., communal expenses for co-owned properties)