How to proceed to find the suitable financing partner?

2019-03-12 08:48:40

You can also negotiate with your house bank. As an existing customer with equity, it is certainly possible, and for me, the house bank suddenly became unbeatable in terms of price. Also keep in mind: Internet banks or brokers cannot always offer all regional funding programs from the state banks.

2019-03-14 09:43:00

You can also negotiate with your house bank. As an existing customer with equity, it is certainly possible, and for me, the house bank suddenly became unbeatable cheap.

Also keep in mind: Internet banks or intermediaries cannot always handle all regional funding programs of the state banks.

Which funding programs do you mean by that, for example?

And what is possible in the best case regarding the period of the interest-free availability period as well as the number of planned repayment rate changes?

2019-03-14 10:41:08

For me, it was the program "NRW.Bank.Gebäudesanierung". Online banks did not want that from me at all. Branch banks only occasionally: one VR bank rejected it because this type of loan would be included in their balance sheet total; everything else the bank could pass on neutrally to the headquarters.

I can't tell you how it looks in BW, just check the website of the Landesbank.

Funding programs specify the options for repayment changes, provision periods, etc. precisely and they are not negotiable. Everything else is at the discretion of the bank that services the main credit. Tell them exactly what you want and justify it minimally. Saying "Give me the maximum/best/longest/largest/cheapest" does not work in negotiations.

2019-03-14 10:50:09

For me, it was the program "NRW.Bank.Gebäudesanierung". Online banks didn't want to do it at all. Branch banks only at their own discretion: One VR bank rejected it because this type of loan would be included in their balance sheet total; everything else the bank could pass neutrally to the headquarters.

I can't tell you how it looks in BW, just check the Landesbank's website.

Funding programs specify the possibilities of repayment term changes, availability period, etc. exactly, and these are non-negotiable. Everything else is at the discretion of the bank servicing the main loan. Tell them exactly what you want and justify it minimally. "Give me the maximum/best/longest/largest/cheapest" doesn't work in terms of negotiation.

Okay, thanks for the info on that.

Yes, negotiation strategies like in the bazaar probably work poorly. So you mean that if we want, for example, 3 free changes of the repayment rate, we should also be able to explain why? That is, for example, we say that the situation will change predictably in 5 years and that we want to repay more then?

2019-03-14 10:54:47

The nice thing about örtl. Filialbank is the simplicity and pragmatism:
Provision-free for 12 months.
However, we only finalize the loan after the topping-out ceremony... until then your equity is always sufficient.
But we guarantee the terms to you now.
You get a discount? Ok, photograph the invoices, send them over via the app, then we pay. We can still make a real copy later. It’s faster this way.
You need cash? For Ikea, for the DIY store flooring, etc. No problem, we put it on the checking account and you withdraw it.
Is there anything left over in the end? We transfer it back to the checking account, buy yourself a car, take a cruise, we don’t care.
Karsten

2019-03-14 11:12:03

So you mean that if we want, for example, 3 free repayment rate changes, we should also be able to explain why?

Yes, because your advisor decides that. Or he gives a recommendation to the decision-maker. And the more sensibly you justify your plan, the better his feeling will be and the more he will support it. The rule is: The less risky the plan is, the better your interest rate will be. How would you set the interest rate with: - 3 repayment switches due to uncertain salary - 3 repayment switches due to a specific event, e.g., child's start of studies in 7 years

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How to proceed to find the suitable financing partner?

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