What’s the role of SCHUFA in getting a mortgage?

SCHUFA is Germany's largest credit agency and calculates credit scores that are used by banks when deciding on a mortgage.
Published on May 27, 2021
What’s the role of SCHUFA in getting a mortgage?

Category First Time Buyers

Written by Henrike Herrmann

Published on

SCHUFA is Germany's largest credit agency and calculates credit scores that provide information about your creditworthiness. These scores are used by banks in the decision-making process for mortgage loans and have a major impact on the decision.