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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.
Dr. Chris Mulder

Dr. Chris is a former Senior Economist and Manager at the IMF and The World Bank. He is a Hypofriend Co-founder.

Published on May 27, 2021 Published on May 27, 2021 . Updated 6 months ago

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Dr. Chris is a former Senior Economist and Manager at the IMF and The World Bank. He is a Hypofriend Co-founder.

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.