If you are considering purchasing a property in Germany, check out this infographic. Find out more about how to get a mortgage in Germany step by step.
The infographic outlines the whole process of purchasing a property in Germany.
Start with finding out how much you can borrow by using a mortgage calculator. Then open a German bank account. Identify you dream home and run a property valuation.
The infographic recommends hiring a mortgage broker to find the best home loan financing solution for you.
The process also includes applying for your mortgage and a waiting time period of 2-15 days before the approval. Meeting a notary is a requirement you cannot skip as well.
Source: https://www.loanlink.de/