Poor account management at home bank, application at another bank?

Hello dear house building forum community,

I am new here and would like to share my concerns. I would like to address the topic of construction financing in 5-10 years. Specifically, I would either like to purchase a home or take over my parents’ house and buy out my siblings. But that is just a side note. I am more worried that I will not be creditworthy. During my studies, I made a lot of mistakes, for example, I gambled online using the Haubank account. I never had any debts or anything like that, and now after finishing my studies I am debt-free. My Schufa score is still excellent. I am now afraid that this has ruined my future creditworthiness and that I will never be able to obtain a construction loan. However, I have some questions in this regard. I assume that my current house bank would never give approval after a check. Would it be possible to switch my current house bank and look for a new one, so that in 5 years I have a somewhat good reputation there, or would they consult my old house bank during an inquiry and the old bank would share these details, meaning that in the end I have gained nothing? I have also often read here that when applying for a construction loan at external banks, only the account statements of the last 3 months are requested to check income and expenses, or do they research much further into the past? Am I worrying unnecessarily because of this? And if I take over my parents’ house and buy out my siblings... are there problems with that? I mean, after all, I would then have the house as security, right? Please excuse my amateur questions. I have long since given up gambling and I feel sick even thinking about gambling. I was simply very careless back then and did not think about the future at all.

Best regards

Normally, banks calculate using flat rates for living expenses, so they don’t need bank statements, pay slips are sufficient. If you don’t pay, they still have the house as collateral ;)

Basically, it is also worth getting an offer from other banks. If nothing is found on [Schufa] and the like, you should get a loan everywhere. And probably also at your house bank.

By the way, it is also completely common not to have the construction/real estate loan with the house bank. My house bank (online direct bank), for example, does not grant any construction loans at all but instead refers customers elsewhere. In this respect, you are worrying too much if you really do not have any negative Schufa entry.

If your Schufa is good, I don't know what you're worried about? Because you once played online games without incurring debt? There are much bigger "fools" who get houses financed. ;)

I suppose he slipped into the tolerated overdraft a few times back then and got a bit of trouble from his bank. But if they didn't kick him out and he has no negative entries in the Schufa, there probably won't be any problems - as long as all the other key data are correct (household calculation, income, equity and loan amount, etc. etc.).

Okay, thank you very much, that actually reassures me a bit. My bank statements from that period look like Casino Baden-Baden. I think I will earn quite well as an engineer, so I am at least fairly well off with that. I just think that my house bank will probably label me as a "gambler" and I will have poor chances for a loan there. My fear is that other credit institutions might somehow get wind of this information.