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
Published on May 27, 2021 . Updated 3 months ago

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.
Table Of Contents
- Why does SCHUFA matter?
- What is the problem with SCHUFA?
- What is the SCHUFA?
- How does a SCHUFA entry happen?
- What is the SCHUFA credit score?
- The best way to get a SCHUFA report
- How to read the SCHUFA report?
- What you need to be aware of when approaching a mortgage broker!
- 11 Tips to improve and maintain your SCHUFA score
- Summary