Loan application of 1.8 million was unconvincingly rejected after 4 weeks

Very annoying for you, but why does one always bet on a single card when the buyout is the standard?

Never trust a broker who comes with a green light.

Regarding your problem, the rejection probably comes from the time when numerous financings were terminated due to the T&Cs. If a bank says we do not take over financings where a homeowners' association fee is paid, that is their good right.

I also find it absurd that they would finance it if you pay the buyout. I consider that to be broker nonsense.

Find yourself another broker and bank. You can't force anything, the interest offers are not worth the paper they are printed on.

Regarding your problem, the rejection probably comes from the time when a series of financings were terminated due to the T&Cs. If a bank says they do not take over financings where an owners' association fee is paid, that is their right. I also find it absurd that they would finance it if you pay off the redemption. I consider that broker nonsense.

That is interesting information, thank you very much. Of course, I see it the same way, that the bank can freely define the criteria. The crazy thing is: the early repayment of this one loan was merely my suggestion so that the new bank would then stand alone in first place on the land register at once. A forward loan for the remaining 2 years would be just as acceptable to me as the third possible option, where I would now repay the relevant loan completely out of available cash. In that case, nothing would be redeemed by the new bank either. I am puzzled that there is not even a willingness to discuss this further, or according to the broker only if the conditions previously promised are declared void now and I submit a completely new application under current conditions – which is already prohibited in view of the new processing time, presumably another 4 weeks, if everything is reset to zero now.

That is interesting information, thank you very much. Of course, I also see it that the bank can freely define the criteria. The crazy thing is: the early repayment of this one loan was merely my suggestion so that the new bank would then stand alone in first rank in the land register at once. A forward loan for the remaining 2 years would be just as acceptable to me as the third possible option, where I pay off the relevant loan immediately out of available cash. In that case, nothing would be refinanced by the new bank anymore. I am puzzled that they don’t even want to discuss it further, or according to the intermediary only if the previously promised conditions are declared void and I submit a completely new application at current conditions - which is already prohibited due to the new processing time of presumably another 4 weeks if everything is reset to zero now.

maybe they don’t want you in their portfolio. why do you want to go there now anyway? There are hundreds of banks on the market. You won’t get that condition anymore anyway

What would you do in the bank's place? The bank is probably not speculating on falling interest rates.

Sounds complicated and doesn’t sound like a sure thing the way your broker is presenting it. (What for securing free capital?)

How about you also talk to the local banks in person alongside the broker? At those amounts, you are initially a very welcome and seriously considered customer. You also get a lot more details and background than through a broker. Definitely sensible given the sums.

Please remember: You are the applicant and cannot demand anything. You are asking for an offer from the bank.

The free capital is used to purchase another property for renting out, which generates corresponding income.

According to the broker, he has consulted several times with the bank’s specialist department regarding financing feasibility. His feedback, to my knowledge, is not based solely on an automated check but on an individual case assessment due to the high financing volume.

According to the intermediary, he has repeatedly consulted with the bank's specialist department regarding financing feasibility.

And what is the added value if an "intermediary" holds this consultation – instead of you yourself?