ESIS leaflet: Does the credit broker receive compensation?

2019-05-06 13:13:11

Hello. We independently arranged construction financing with an insurance company and received an ISIS information sheet. Everything seems fine so far, but one point makes me suspicious because we communicated directly with the insurance company. The information sheet states that the loan broker receives a fee of 3,060 Euros. It does not explicitly say from whom in the information sheet, but since the sheet is addressed to us, I assume that we are supposed to pay this fee. Is that common?

2019-05-06 15:18:44

Was there an intermediary involved? Usually, the bank/intermediary pays him. Anything else would be a fee-based consultation.

2019-05-06 22:10:38

Hello. We independently arranged a construction loan with an insurance company and received an ISIS information sheet. Everything fits so far, only one point makes me suspicious, since we communicated directly with the insurance company. The information sheet states that the loan broker receives a fee of 3,060 euros. From whom is not explicitly stated in the information sheet, but since the information sheet is addressed to us, I assume that we are supposed to cover this fee. Is this usual?

No, this fee is paid by the lender and this is also regulated in the loan brokerage contract and signed by you. If this fee were to be paid by you, it would be marked as such in the loan brokerage contract and would have been signed by you accordingly.

Similar topics
28.12.2017	Obtain offers through intermediaries and then go directly to the banks?	24
26.03.2021	Construction financing: Directly at the bank or through intermediaries	34
16.06.2021	Construction financing - Different statements by intermediaries	26
06.05.2022	Construction financing through intermediaries or local banks	92
07.07.2023	Can the intermediary be held liable for recourse due to inadequate submission?	12

ESIS leaflet: Does the credit broker receive compensation?

infors

HilfeHilfe

Noelmaxim