Current processing time for construction financing applications at banks

Parental allowance per se is not an exclusion criterion. However, you would then have to credibly demonstrate whether, when, and at what income level work will be resumed afterwards.

How are those supposed to manage, who for example buy existing properties and need a quick commitment for the broker/seller.

They accept the offer from the regional house bank because it is faster and they get something in writing there that the financing is secure. I don't believe that they will request anything further.

Yep, these are the ones. Yes, that is it. Wow, the processing time is beyond good and evil! Could really throw a wrench in our plans. How are those supposed to manage who, for example, buy inventory and need a quick commitment from the broker/seller.

You think about something like that before switching banks over 2.50 euros account management fee...

If it's the Dutch online bank with the three letters, then prepare for six to eight weeks.

Hi, it took us a little over a week, yes the orange-colored bank. That was at the end of November. Olli

Much more annoying is that there are delays in submitting the building application due to the travel restrictions.
Olli

No idea if the processing time for construction is different than for existing property purchases.

It certainly is, at least from my experience.

We also started financing inquiries in spring (Corona peak) and had to be very patient..., even with ING it took several weeks. Later in May/June we wanted to finalize everything with the local Volksbank and explicitly asked about processing times. They promised to complete everything within three weeks at the latest, although before Corona one week was usual. In the end, it took almost 11 (!) weeks! They did apologize several times for the delay along the way and at the end, but we almost stopped believing it. I wish you better luck and faster processing!