Because the negative Schufa is always a signal for poor payment behavior and / or poor creditworthiness. 4 tips for the best follow-up financing for your home loan. Securities, including standard stocks, are subject to price fluctuations in both directions. Many banks in Germany do not even bother to look “behind the scenes” and find out what the background of the negative Schufa entry is or how the applicant is financially.
Depending on how long the period of your fixed interest rate is, which you have set in the mortgage comparison online, sooner or later you will be faced with the question of follow-up financing. A decline in prices can occur due to general market conditions such as stock market crashes, but also due to special circumstances in the individual investment paper. We know from our own experience that many people have wrongly received a negative Schufa entry and are quite able to reliably repay a loan. Usually there is still an amount left of the originally agreed loan amount after the term has expired, that is the remaining debt. Your risk: The look what i found borrowing costs can then no longer be earned from the investment, but have to be paid from free liquidity funds.
We do not immediately reject you because of a negative characteristic, but give each applicant a chance at the desired loan. The financing of the remaining debt must be agreed again, either with the same credit institution or with a different bank. Please also note that the security investment may then have to be sold at a loss.
That is why our credit managers examine each applicant individually and with the necessary care. How to get the best conditions: We would also like to point out that in the event of non-sale (perseverance), price increases and income credits must develop far disproportionately so that you can earn the loan repayment along with interest and transaction costs again. This is the only way we can get an idea of the overall financial situation of our (potential) customers. Observe the interest rate development early on before the old loan expires. 2.2. It goes without saying that we treat all information relating to the loan application discreetly and confidentially. Get several new offers for a home finance comparison six to twelve months before the old contract expires.
Possible interest rate increases Please refer to the list of prices and services for the amount of the loan interest. For people with negative credit bureau, who can be financed according to our examination, we always weigh different financing alternatives and recommend the loan that is most advantageous for the applicant. Find out about so-called forward loans if the interest rates are very low. Your risk: Rising lending rates and constant or falling security prices as well as constant or decreasing income distributions lead to a decline in assets with the possible effects described above. This can be the Swiss loan, or an alternative loan despite Schufa, which is even granted occasionally by banks in Germany.
A favorable interest rate is agreed, but the loan is only paid out after a lead time. 3. Good to know! Take a cheaper offer from the mortgage interest comparison as an opportunity to speak to your house bank and negotiate the terms.
Risks in same-day transactions ("Day trading") The developments on the international capital markets have not only led to new product offerings. Our loan offers are just as different as the requirements and wishes of our customers are. Annuity loan in home purchase finance comparison – which repayment should it be? Modern technologies have also changed the way securities are traded in some cases.
Every loan offer has advantages, but can also be associated with disadvantages. In an annuity loan, the monthly loan installment of your mortgage remains the same – however, the relationship between repayment and interest payment changes. This makes it possible to buy and sell the same security, money market instrument or derivative on the same day.
A Swiss loan is not always necessary. In the initial phase, the interest component is higher; then it falls because parts of the loan are constantly being repaid through the repayment. One then speaks of day trading.
If another loan offer makes more sense, we will let our customers know – quite openly and honestly. If you want your monthly burden to be as low as possible, you will choose a lower repayment; If, on the other hand, you want to pay off the loan as quickly as possible, the repayment is set high.