Current processing time for construction financing applications at banks

2020-12-25 21:03:39

I think 550,000 is quite a significant figure.

Including everything, so 600K. Depending on the region, that's not that much now, is it?

2020-12-25 21:07:33

The same thing recently happened to me at the same bank. After intervention by the FB, the case was then reviewed again by the department head. That’s when it finally worked out, but the conditions were not acceptable to us, so we chose another bank. Commitment within four working days and without any catch. :oops:

(It is said that at the Dutch bank, due to high workload, cases were also reviewed by non-real estate clerks and apparently based on discretion and incomprehensible criteria.)

Yeah, not a nice situation... I have also read in other threads that they decide arbitrarily.
What do you mean by the conditions? Does that mean that after the review they offered you financing under different terms than those stated in the initial pre-approval?

2020-12-25 21:21:31

No, in our case it was a bit more complicated because of the old property and interim financing. The total amount would have exceeded a set limit, so they would no longer have been able/allowed to process it under the normal private loans. That’s why the interim financing would only have been paid out with a notarized sale. But we didn’t want to put ourselves under that pressure, so that was that. However, that was only because our previous financing was already with them.

2020-12-26 06:59:35

All the more the rejection surprises me. We did not expect that. The employment relationships are also permanent and unlimited. My wife's Schufa should also not hold any nasty surprises.

Is it even possible that after submitting the aforementioned documents, the application is reviewed again? I found that at most strange and don't know it that banks quickly reject and then review again. On the other hand, what benefit would our FB have in spreading lies about us

other mothers also have great banks....

Why didn't you run 2-3 from the start? What does your advisor say now, he should have done a preliminary scoring and check? Did he have no concerns for nothing?

A framework credit that is not deleted is not a reason to fail. There must be more.

2020-12-26 07:19:24

more complicated because of old property

Hi,
that should actually be an advantage...
Best regards, Olli

2020-12-26 08:31:52

Only as long as you do not exceed the volume limits.

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Current processing time for construction financing applications at banks

K1300S

Thomas911

K1300S

HilfeHilfe

Olli-Ka

K1300S