Support for owner-occupied housing

Home savers bonus system (ASP)

The ‘home savers bonus system’ (ASP) is a scheme by which the state supports the acquisition of one’s first apartment. The ASP system encourages to save money to purchase an owner-occupied home. The system is intended for persons aged 15 to 44 who wish to purchase their first home. The system includes an interest subsidy loan and, where necessary, a central government guarantee. 

Further information

Application procedure and advice: State Treasury tel. +358 295 502 248, asp(at)valtiokonttori.fi

Central government guarantee for housing loans

A central government guarantee may be issued for a loan granted for the purpose of purchasing an owner-occupied apartment or building a single-family house. The bank issues the guarantee in connection with the decision to grant the housing loan, and the guarantee is subject to a guarantee fee. However, no guarantee fee is collected on home savers bonus (ASP) loans.

Further information

State Treasury tel. +358 295 502 248, asp(at)valtiokonttori.fi

Central government guarantee for renovation to limited liability housing companies 

A central government guarantee can be issued for a loan taken out by a limited liability housing company for the purpose of renovating a building. The housing company must have sufficient means to pay back the guarantee, and the guarantee is subject to a guarantee fee.

Further information

Application procedure and advice: Centre for State-Subsidised Housing Construction