Documents ready - Construction financing application - House planning change

Hello everyone,

I have gotten an offer for a single-family house (including living area calculation, enclosed space, etc). I submitted this with the construction financing (dimensions of the house 9.50x11m). The bank's offer ready for signature is now also here.

In the meantime, we have changed the plans so that the values no longer match (e.g. house 8.50x12m).

How does one proceed wisely in such a case (before I call the bank)?

Best regards Martin

You have to inform the bank. The bank has determined the value of the property. Usually based on the enclosed space. Not much has changed. Either the bank sends you a new offer or it works as is. But be careful. The bank could use the new interest rate offer to possibly give you a different rate.