Should I get pre-approved for a mortgage?

Unlike other countries in the world, Germany does not offer formal pre-approvals. There are however, two methods with which we work with all German lenders to reduce uncertainty around your eligibility.

  1. Prescoring: an automated approach which requires you to transfer your basic personal, financial information through an online self-disclosure. We then run an automated scoring system which will approve or reject the request.

  2. Pre-check: a manual approach which requires a similar self-disclosure and expose to be sent out to directly to selected lenders.

Please be aware, that in Germany, neither prescoring nor pre-checking your eligibility is legally binding. Additionally, neither method has any negative impact on your SCHUFA score. Both options do neutral checks and do not mean official financing applications or requests. The formal loan contract can only be approved and created after the final application is sent. This includes the complete documentation, covering your personal information as well as the property information.

Looking for a mortgage?

Use Hypofriend's affordability calculator to see what you can afford based on your personal situation.

See what I can afford
MichaelMichaelMichael

How can we help?

Speak to an expert

Certified by

Covered by

GDPR Standards

EN

 / 

DE

Certified by

Covered by

GDPR Standards

EN

 / 

DE