Anyone looking for a cheap loan for their house financing is often led astray by the banks. On the billboards or on the banner on the Internet, advertise many banks with fantastic conditions for mortgage lending. However, if you look for a concrete offer for your loan for home financing, the offers often look very different. The best interest rate offers you get, if you can spend at least half of the money needed for a real estate purchase or a renovation of existing equity. If you can not do this, you still have the option to use various subsidies – for example from the kfw bank. With almost all banks, this counts as a kind of equity and you get already much cheaper interest on his loan for house financing. That banks and insurance companies – so the lender – so at the security set is perhaps because they have done worse experiences in recent years and that there has also been some cases by the banks were not always informed with the correct information. Unfortunately, such cases always have an effect on the general public, so that one now requires significantly more equity capital for its mortgage lending than before.
So in order to secure a cheap mortgage loan, you should deal with the subsidy loan a little closer. Anyone who buys a property in order to then inhabit it himself often receives a very favorable loan from the various promotional banks. Even with a renovation or renovation, or even with a conversion to an age-appropriate home, there are subsidies. If you then take into account the energy efficiency, you have already received a large part of the loan amount for relatively favorable conditions. If you then get only half of the money needed as annuity loan from the lender, you can almost secure the above-mentioned top conditions. With the right property and a secured income nothing speaks against it.
However, if you are unfamiliar with home loan financing or need a construction loan for the first time, you should contact an experienced financial advisor. There are consultants at the local banks who are unfortunately always bound to the bank or the lender. Or you turn to an independent finance broker. These can be found partly on site or in the internet. If one demands the support of these consultants – usually over special contact forms – then one is in independent and competent hands which independently advise.