Subsidies for home ownership from ILB experiences?

Hello everyone,

we are planning to purchase a property and renovate it energetically. For this, we would like to use funding. After KfW significantly increased the interest rates within a few days in program 261, we also took a look at ILB.

The program [Wohneigentum - Erwerb, Neubau und Ausbau] will be relaunched soon and sounds very interesting with 0.5% and a 20-year fixed interest rate.

Does anyone have experience with ILB and this funding program?

Best regards
memoc

The property must be located within the "Gebietskulisse". If not, you have no chance of funding.

Addendum: I just saw that you want to buy and renovate. Then you are probably lucky and not bound to the Gebietskulisse.

We have already spoken with ILB. However, the financial advisor advises against it. I suspect why. But this is about our money. He said that ILB recalculates the interest if the income increases later. You only have a certain income limit when you want to claim the funding.