Help with mortgages
Andreas and Marie had almost given up on their dream of owning their own home – until Børge Finsæther from Eiendomsfinans came along.
Today, the young couple owns their first home – a co-operative apartment of over 100 square meters in their home town of Harstad. That it would go like this is not a given.
March 7, 2023
Harstad Tidende
Difficult to enter the housing market
– We applied for loans from two banks and were refused by both, explains Marie Jacqueline Løvmo. Although both were in permanent jobs, it was not enough for the banks as both have student loans, little equity, a small child and another on the way. “With two no’s in a row, we had actually given up a bit,” says Andreas Olsen Lehn.
Far from alone
– This case is far from unique. We often see that it is challenging for young couples to enter the housing market because of the rules that the banks have to comply with, says Børge Finsæther, partner and area manager at Eiendomsfinans in Harstad.
Glad to be able to help:
Børge Finsæther has many customers who have been rejected by several banks when they have applied themselves. Now he and his colleagues would like to help more people apply for mortgages.
Get help with mortgages
Since 2005, he has helped private individuals obtain new loans or refinance old loans – all to fulfill the housing dreams of Harstad residents.
– We have experienced several times that people have gone to the banks themselves, and not received help. Then they have been tipped off, “have a chat with that Børge guy”, and my response is almost always “we can do this”. Very often we arrange financing for the dream home, explains Finsæther.
The start of a new era
For Andreas and Marie, the help from Børge Finsæther and Eiendomsfinans has been crucial. With their own home, the family of four has plenty of space to live well in Harstad.
GOOD FOR THE WHOLE FAMILY: Dad Andreas, mum Marie, big sister Emily and little Nova.
– Now that we have bought a home, it is both the end and the beginning of an era. We are done with the years when we rented from someone else and paid off their loan. At the same time, we have started anew for ourselves, and can look forward to a new everyday life, Andreas sums up.
The whole family is happy about the new life. Andreas is happy to have got a really big kitchen where he can let his interest in cooking unfold, Maria is happy to live in a place with a good standard in both the kitchen, bathroom and laundry room, and little Emily (4 ½) is super proud to have your own room with walls in your favorite colors pink and purple. In time, little Nova (3 months) also gets her own room.
The start of a new era
Simple surface renovation is relatively cheap compared to other renovation projects, and can provide good value for money. The fact that you can do a lot yourself also helps to keep costs down.
How to finance renovations?
Since renovations often cost a bit of money, many people need some financing help to be able to realize the project. If you lack saved funds, it may be necessary to take out a loan from the bank. In that case, it’s a good idea to compare loan terms at several different banks before making a decision. That way, you can secure the most favorable effective interest rate possible. Eiendomsfinans is a
user-friendly comparison service designed for just this purpose. Compare home improvement loans from different banks with us.
The article is reproduced with permission from Mediehuset Harstad Tidende, who wrote and published the original article in Harstad Tidene on 08.11.2019
Here are Børge Finsæther's best tips:
Get an overview of the economy.
Set up accounts and a budget, and see what you really spend money on.
Cut unnecessary costs.
Do you have a lot of expenses you don’t need? Cut them! There are limits to how many streaming services you need and fitness center subscriptions that are not used…
Don’t live on credit.
Get rid of your credit cards if you use them more than is absolutely necessary. Don’t spend money you don’t have. There can also be a lot to save on collecting expensive small loanswhich we can also help you with.
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