Dhh.sarah
2022-01-24 21:27:13
- #1
That cannot be. The procedure is (roughly) as follows:
1. Consultation/financing inquiry
2. Review and loan approval
3. Application submission with confirmation of application (BZA) at KfW + approval
4. Contract preparation
5. Signing by both parties
6. Disbursement
The bank advisor no longer has to submit it. He already is "the bank." Thus, you also have legally binding contracts. Fulfill the conditions stated in the contract and have it paid out. If Commerzbank completely mishandles the necessary process (you are not allowed to conclude KfW contracts if there is no approval from KfW), then it is Commerzbank’s problem. If you want, you can send me the redacted contracts via PM.
Unfortunately, I am not allowed to send you a private message since I have not posted enough contributions yet. I would rather not post the contract here in public.
I have now taken a closer look at the contract. For one thing, I signed on Thursday and did not receive the contract but only got a copy of the application.
Until January 14th, it was not certain whether the Commerzbank would sign the contract because they had to inquire how to handle the purchase contract since it applies under WEG (A plot of land is bought by 2 partners and then two semi-detached houses are built on it). Once that was clear, I had my appointment on Thursday (January 20th). There I signed the loan, which is based on the 360k Commerzbank and 160k KFW and an installment loan. The advisor told me that I would receive the loan confirmation by mail next week. Today he calls and says he submitted the loan application and grant, but it has not yet been approved and probably will not be approved, and that we do have the option to withdraw from the contract. I already received the confirmation of application (BZA) for KFW in November and gave it to the bank advisor signed in December.