SAB Supplementary Funding Loan

The SAB Supplementary Funding Loan is aimed at owners and builders in Saxony who wish to precisely complete the overall financing of their residential property project. This low-interest loan from the Saxon Development Bank (SAB) enables the completion of construction, renovation, or modernization measures as well as conversions and extensions of residential properties. With a funding rate of 100% and individually negotiable terms, tailored financing is offered from a single source. The fixed interest period ranges from 3 to 15 years (up to 20 years for landlords), with repayment starting no earlier than one year after disbursement at a minimum of 1% per annum. Through personal consultation on-site or online, applicants receive planning security for their project.

The financing application can be submitted continuously and requires, in addition to the application form and a credit report, proof of identity and further documents according to the checklist. After completion of the construction measures, proof of use must be provided. Standard bank securities are provided through registration of a land charge; commitment interest is only charged from the 13th month after approval. A combination with SAB’s basic funding programs is possible, but not with other promotional loans. Applications are submitted electronically via the SAB funding portal, where interested parties can register as users and submit the application step by step. With the SAB Supplementary Funding Loan, builders and property owners in Saxony receive a reliable and attractive addition to their financing to realize their dream of contemporary and modernized homeownership.