Kfw funding 2016 - How to set up construction financing?

  • Erstellt am 2015-12-13 19:38:11

häuschen2016

2015-12-15 19:11:05
  • #1
Moment... The funding from the N-Bank has been applied for, it will probably take another 8 weeks until a decision is made.
 

toxicmolotof

2015-12-15 21:20:13
  • #2
And how could the funding be applied for if there is neither a financing commitment nor is the future capital service known?

Admittedly, I am not familiar with the conditions at your place, but so far they have been quite similar from federal state to federal state. When did you apply for the funding? For us, it took a total of 11 months until the approval (initially it was said to be about 6-8 weeks) and the approval was basically only given when the ready-to-sign loan agreements were available.
 

häuschen2016

2015-12-16 13:44:40
  • #3
We have submitted an initial application, after which the main application will follow.... that still takes some time with us but hopefully not 11 months.
 

toxicmolotof

2015-12-16 15:12:28
  • #4
We also hoped so. And everything was delayed by 6 months because of that. But that's not a "must."

Anyway, you will gain your experience there. I'm just telling you this: Without a 100% guaranteed financing with calculations presented down to the last cent, there will certainly be no approval.

Just my two cents.
 

häuschen2016

2015-12-17 18:30:06
  • #5
Thank you for your warning. We received confirmation today that we have been selected. Now we need to submit the main application. The preliminary application went quite quickly, if the main application goes half as fast we will be satisfied.
 

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