Housing loan

As a member of the Norwegian Public Service Pension Fund you can apply for a loan of up to 1.7 million – or 3.4 million if two in your household are members.

When should you consider a housing loan?

  • When you plan to buy a new house
  • When you consider refinancing a housing loan to get better terms and save money
  • When you are planning to renovate your house
  • When you consider starting a new job

What is The Norwegian Public Service Pension Fund's housing loan?

The Norwegian Public Service Pension Fund's housing loan is a membership benefit which provides one of the market's lowest interest rates. The current maximum loan is NOK 1,700,000 per member. The loan can be used to buy a house or for refinancing, renovation and estate settlement.

Who does it apply to?

  • All members can apply for the loan, whether they are employed or are pensioners.
  • You lose the right to the favourable loan terms if you move to a job that does not provide membership in the Norwegian Public Service Pension Fund.

How to apply for a housing loan

  • You can loan up to 80 percent of the house's market value, and the Norwegian Public Service Pension Fund does not require first mortgage security.
  • You must provide a property valuation for the house from a property appraiser or a value appraisal from an estate agent.
  • You can only loan for home purchase, not for holiday homes or interim financing.
  • You apply by simply sending in an electronic loan application.

Find out more about the housing loan

Take a careful look at how much you can save by using the loan possibilities offered by the Norwegian Public Service Pension Fund.

  • Calculator and online application (in Norwegian): At our website you can easily make a loan application. You can also check how much you can save by moving your loan to the Norwegian Public Service Pension Fund.
  • Employer: Contact your immediate superior or the pensions officer at your place of employment. They can advise you if you need help.