Why compare credits with us?

Your Bank

  • One single offer
  • Very limited tuning options
  • Only considers your current situation

KoSi Financing

  • Over 450 banks to choose from
  • Tailored loan constellation
  • Considers your future financial plans

When it comes down to real estate financing, your bank offers a limited scope, resulting in limited options for you. The chances that you recieve the best loan for your needs are rather slim. The majority of banks are very restricted when it comes to fine-tune a financing offer. Due to the insufficient customisation, it is usually the case that you will not be presented with the cheapest option on the market.

By using our licensed credit platform, we can query up to 450 banks simultaneously within seconds. The extent of these inquiries goes beyond the possibilities of the average consumer. We design a suitable financing option by making the right questions and drafting your individual plan. Our forward-looking approach enables the adaptation of individual credit parameters. This results, for example, in the support of your financial needs in the case of planning further acquisitions and investments in the future. This supports your financiancial needs, for example, for planning future acquisitions and investments.

#

Our Added Value

  • Accompanying the entire purchase process in your desired languae
  • All-in-all support for your financial needs (insurance, capital investments, etc.)
  • Adapt and shape the best loan for you
  • Promote your financial education, meaning you will gain knowledge of the complex, German financial terms
#

Financing steps

  • How could you afford your desired house?
  • Financial CV: we will help you setting it up the right way

  • Tuning the search filters on real-estate marketplaces
  • Gather the required documentation

  • Select the preferred funding
  • Completing missing documentation, clarifying technical terms and open doubts, sending request to the bank

  • Signing loan contract
  • Issuing loan payment

  • Mortgage assurance
  • Building assurance
#
#
#

The financing jungle

The finance services sector is a mine field, a jungle of technical terms. For this reason, the qualification to be legally able to advise you is very high. In this section you will find out in detail why.

There are many types of loans and, depending on your life situation, income, wishes and (realistic!) saving rate, some loan constellations are oout of reach. There are simply no “one-fits-all” solutions. We will provide you orientation to dodge the mines and find your way through the labyrinth.

Some of the Terms you may find are:

  • Decreasing monthly mortgage (Tilgungsaussetzung)
  • Fix monthly mortgage (Annuitätendarlehen)
  • Whole mortgage at the end (Endfälliges Darlehen)
  • Forward mortgage
  • “Bauspardarlehen” (Germany-only construct: like a long term savings account, with life-long guaranteed loan interest)
  • “KfW-Förderkredit” (government-founded loans, for house restoration, energy-efficiency, and many other purposes)
  • Fix vs variable interest rate (Festzins vs variabler Zinssatz)
  • Variable amortization % (Tilgungssatzvariabel)
  • Regional and national wide direct subsidies (for example if you have children: Kinderbaugeld)
  • A combination of all of the above kinds

Loan usage kind:

  • Real state acquisition (as investment, own use, work usage)
  • Real state restoration
  • Re-financing
  • Privat loan (car, holiday etc.)
  • Start-up funding
  • Plot and build project
  • Industrial project, for example a photovoltaic park
  • Loan subrogation (Umschuldung)

For all above mentioned loan types, adjusting the loan parameters:

  • Interest period (Zinsbindung)
  • Interest rate (Sollzinssatz)
  • Optional yearly mortgage without penalty (Sondertilgung)
  • Starting amortization rate % (anfängliche Tilgung)
  • Monthly mortage rate (monatlicher Rate)
  • Optimal proportion of equity (Eigenkapital) vs debt (Fremdkapital)

As you may have suspected, the number of combinations is nearly infinite. By iterating several times the options during our consultancy, we will narrow them down to the final loan provider.

Costs: we do not charge a processing fee or other additional fees for advising and arranging your financing.

If the loan you requested is successfully brokered, we will receive remuneration from the lender.

We work in your interest and securing your financial future is our priority.

#

Imprint | Privacy notice | Team

Copyright © 2020 KoSi Finanzdienstleistungen GmbH