Home financing approval Ergo and Hanseatic

  • Erstellt am 2024-08-31 02:38:12
K

Kelvin2351

2024-08-31 02:38:12
  • #1
We have applied for a loan and are now waiting for an approval. I have an income of €2800 and my wife €1300, we have rental income of €550 plus 3x child benefits. Thus, we have an income of almost €5500. My Schufa score is 93.9 and my wife's is 97.5. The house costs €395,000 and has no broker fees, as it is a private sale. The financing is done through Ergo and Hanseatic (Ergo €350,000 and Hanseatic €45,000). We also bring €40,000 in equity. The monthly installment is €2125 and we have an installment loan of €300 per month. What is the likelihood that we will get an approval and when? The application was sent on Tuesday. I am already very nervous…
 
H

HilfeHilfe

2024-08-31 06:31:46
  • #2
Hello,

the rate corresponds to approximately 40% of the secure income ([salary & child benefit]). Wait and see, it could become negative. However, Ergo is known for aggressive mortgage financing.
 
S

schubert79

2024-08-31 08:08:19
  • #3
That goes through at Ergo. They do almost everything.
 
G

Gerddieter

2024-08-31 08:22:25
  • #4
You probably went through an intermediary - they know exactly why they chose Ergo. GD
 
K

Kelvin2351

2024-08-31 08:38:38
  • #5
Wow… that gives me hope :)
 
N

nordanney

2024-08-31 08:55:00
  • #6
With us, you would not get a loan for such financing due to far too weak creditworthiness. However, Hanseatic is known for supporting full financings - it costs, and enough customers crash because of it. At least cancel the personal loan - why do you even have it? Schufa Score is already borderline.
 

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