f-pNo
2014-07-04 09:43:19
- #1
It has already been said by everyone - the KFW funds must be applied for BEFORE the start of construction.
Moreover, for you, not only the application but also the receipt of the approval is important. Because only AFTER receiving the approval are you allowed to build.
The condition regarding proof of achieving the KfW standard can be found under point 5.
Independently of that, prior approval is also important for YOU yourselves:
Imagine you plan with the 50,000 from KfW. You align the other loan amounts based on achieving the KfW standard.
For some reason, your house does not meet this standard - then suddenly you have a financing gap of 50,000 euros.
You want a secured financing and not a - possibly 90% secure financing?
Moreover, for you, not only the application but also the receipt of the approval is important. Because only AFTER receiving the approval are you allowed to build.
The condition regarding proof of achieving the KfW standard can be found under point 5.
Independently of that, prior approval is also important for YOU yourselves:
Imagine you plan with the 50,000 from KfW. You align the other loan amounts based on achieving the KfW standard.
For some reason, your house does not meet this standard - then suddenly you have a financing gap of 50,000 euros.
You want a secured financing and not a - possibly 90% secure financing?