Is building a house realistic for us?

He also does not sell construction loans. I think it’s more about smaller personal loans for a car, kitchen, or something else, where the bank usually does not have any collateral. Of course, you can only check that if the customer also applies for the loan at their house bank.

I don’t know how it works with construction loans, but I would have thought even more so, since these involve larger amounts.

He does not sell construction loans either. I think it is more about smaller personal loans for a car, kitchen, or something else, where the bank usually has no collateral. Of course, you can only check this if the customer also applies for the loan at their home bank.

I don't know how it works with construction loans, but I would have thought especially there, since it involves larger amounts.

No consumer behavior is checked for that either. This is mass business for a bank. Consumer behavior is also reflected in the Schufa score.

Your broker-banker is making himself important or does not know the business.

My consumption behavior was also not taken into account. On the contrary, flat rates were applied that were too high in my case, so that I was already in trouble with my main bank. Although my household budget, which I had kept for years, would have shown what I actually consume or need.

Your brother-in-law’s bang makes himself important or doesn’t know the business.

I trust him more than an anonymous and rude user like you. It certainly isn’t checked every time, and it depends on the credit and its purpose. It is a VR Bank in a town with fewer than 10,000 inhabitants. Maybe that’s how it’s done there.
In our construction financing, probably nothing more was checked except the usual, although our construction financing advisor also said that every financing is individually considered, evaluated, and granted. They don’t just input a few parameters into a calculator and get the optimal construction financing.

I believe him more than an anonymous and insolent user like you. It is certainly not checked for everyone, and it depends on the credit and the purpose of use. It is a VR Bank in a <10000 inhabitant town. Maybe it is done that way there.

Yes, as a bank employee you love to scrutinize people's private circumstances.

I myself work at a credit institution and can say that you are both right. Of course, at the beginning, flat rates are used first. Additionally, we also look at the account transactions from the last 3 months to better assess the customer and his consumption behavior. Has he diligently saved the existing equity over years or only inherited or received it as a gift 3 weeks ago and usually just wasted his 3,000 net? Of course, that is also taken into account.