Construction financing through intermediaries or local banks

Slowly I am starting to believe that a Sparkasse is a real alternative. My main banks have always been a mess when it comes to financing.
On the market, there are only offers around 1.5% for 10 years. Go for it

My main bank is a Sparkasse and the offer there was really disappointing, no change in repayment rate, 2% special repayment per year, and a really bad interest rate. I think it varies quite a bit regionally. At our closing, local banks (four inquired) were always significantly above the broker conditions, albeit that was also in February, when insurance companies were generally well below bank interest rates.

With us, the Sparkasse (Hausbank) was also able to keep up with the intermediary offer. Additionally, it was significantly less bureaucratic and more pragmatic. The intermediary had already hinted that there could be problems because a large part of the salary statements went into an employee stock savings plan and not as net income into the account. The Sparkasse saw no problem with that. That's an advantage when you speak directly with the person who can also decide on the financing commitment. We had an oral commitment right after the first meeting at the Sparkasse. That's why it became the Sparkasse for us as well.

Thank you for your feedback. I will take a look at the regional Sparkasse, maybe I can score points there with the next financing. May the Sparkasse offer HBCi/FinTS with chip card, unfortunately only a few banks still do that. For me, it was my first financing through a broker portal and there remains a slight aftertaste with the acceptance clause and the interest rate increase by 0.1%. Fingers crossed that everything works out. Enough whining. Yesterday I looked online at the conditions for 20 years at the yellowish one. Oh man! 2.63% or 2.73% nominal interest rate for 6 or 18 months interest rate fixation. My contact person in the branch was still above that… that’s well more than 1% higher than the conditions I currently have. Far, far more.

Tighten that thing, it won’t get any better!!

Did you have to renegotiate or did it come straight from the Sparkasse??

he gave the caseworker the conditions from Check24, and then they said it would get cheaper ;)

if the banks want to, they can give good interest rates directly, if all the conditions are met.

but it would get interesting if you start the conversation without mentioning the other interest rate, listen to the first offer to see where it stands, and only then bring up the better offer from the competitor.

if you hadn’t mentioned Check24, the Sparkasse’s offer would probably have been 0.10-0.20% higher...

but this is how you do it:
request an appointment:
wait for their offer (see what they come up with first, without them knowing about a counteroffer)

then feel free to ask again if that’s their final offer?
see if they improve.

and either you then get a better offer, or you say: "I have an offer from another bank XY"
and see what they say.

often Sparkassen can catch up because they have lots of money,
but of course they try to make the first offer with the highest margin, since they want to earn money too.

My main bank is a Sparkasse and their offer was really disappointing, no change in the repayment rate, 2% special repayment per year, and a really poor interest rate. I think it varies quite a bit regionally. At the time of our contract, local banks (four asked) were always significantly above intermediary conditions, although that was also in February when insurance rates were generally well below bank interest rates.

We really can't complain, our East Saxon Sparkasse offered us 5% special repayment, 12 months interest-free and 18 months repayment-free. And then even 2 years beyond retirement age.
What is still a problem now is that I don't know how long the Sparkasse can keep the offer valid. We had it calculated 3 weeks ago and will probably only get the land registry entry in 3 weeks. Before that, they cannot release the contract because the property was variably financed by us through the Sparkasse and this sum must first be paid out before the overall financing can contractually start. I hope and worry every day that the 6-7 weeks will not affect the offer. From 1.67%/15 years, the rate has certainly already risen to over 2%. Is there a bank advisor here who knows how long the Sparkasse advisor's offer can be held?

The 1.67%/15 years has surely now risen to over >2%. Is there a bank advisor here who knows how long the offer from the savings bank advisor can be held?

Only your savings bank can answer that for you. Every bank calculates individually – and whoever calculates correctly already buries the 1.67% today (our entry rate, for example, is 1.34% – so as a customer rate, you are already well above 2% today if you want to make money as a bank and not just gamble with the customers' deposits (which we do not have)).