Buying property in Germany as a first-time buyer

Below you’ll find a series of articles to help you understand the buying process written by our German mortgage experts

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First time buyers

Which documents do you need when you apply for a German mortgage?

Germans banks are very meticulous when it comes to paperwork. And they'll be sure to take their time when it comes to requesting your documents.

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First time buyers

Special child allowance for new home owners (Baukindergeld)

To help you buy your first German home the government provides a subsidy of €12,000 baukindergeld per child. It is for:

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First time buyers

How to get a Mortgage in Germany: key decisions and terms illustrated

This section walks you through the key terminology you need to know when you intend to apply for a mortgage in Germany.

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First time buyers

Can I get a mortgage with a temporary residence permit in Germany?

This is a question that Hypofriend advisors receive on a daily basis. As a short answer: yes, it is possible to get approved for a German mortgage as a non-EU citizen while on a temporary residence permit (Aufenthaltstitel). However, there are a number of limiting factors that will affect your maximum borrowing amount and the number of German banks that you can qualify for.

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First time buyers

How to buy property in Germany: A Step-by-Step Guide:

To a first-time buyer who is looking to buy property in Germany, the buying process can appear overwhelming and hard to understand with all its different steps. Even if you are fluent in German, the process from first understanding your mortgage affordability to finally becoming the lawful owner of a property in Germany can be overwhelming. If you are an expat who is looking to buy in Germany, you are poised to experience a property buying process where you will be exposed to many unfamiliar German terms and processes different from buying property in your home country.

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