Mortgage

The term mortgage refers to a loan used to purchase or maintain a home, land, or other types of real estate. The borrower agrees to pay the lender over time, typically in a series of regular payments that are divided into principal and interest. The property serves as collateral to secure the loan. A borrower must apply for a mortgage through their preferred lender and ensure they meet several requirements, including minimum credit scores and down payments.

Let us know your project or property details in advance by phone to 040-82245834 or by email at info@atb-hamburg.com.

By this information, we determine the approximate value of your project and interest rate and will inform you about the expected loan amount. 

General documents for everybody

• Copy of Passport

• Temporary residence permit, e.g. Blue Card (“Aufenthaltstitel”) or permanent residence permit (“Niederlassungserlaubnis”).

• Proof of residence (“Meldebescheinigung”), this document shows the German address you are currently registered at and can be obtained from the “Bürgeramt”.

• Proof of equity, bank account statement showing the amount of money you will put down (not necessary for getting mortgage pre-approval). 

• Proof of German pension scheme (“Rentenbescheid/ Renteninformation”), you will receive this automatically after having worked in Germany for at least five years. Alternatively, this document can be obtained by directly calling Deutsche Rentenversicherung.

For employees only

• Salary slips for the last three months, you get these slips from your current employer.

• Salary slip for December of last year or salary statement from last year (“Lohnsteuerbescheinigung”), you should get this from your current or past employer. If you have not yet been employed last year, then this document is not necessary. 

• Optional: Most recent tax return (“Einkommenssteuerbescheid”), if you have filed your tax declaration, then you should have received a tax return from the German tax office. Employees are not legally required to file a tax declaration and therefore do not need to provide this document if they have not submitted their tax declaration.

For freelancers only

• The two most recent tax declarations (“Einkommenssteuererklärung”), this is the tax declaration you have submitted to the German tax office.

• The two most recent tax returns (“Einkommenssteuerbescheid”), you should receive a tax return from the German tax office.

• Complete profit & loss account for the last year (“BWA: Betriebswirtschaftliche Auswertung”), this evaluation shows your current revenue and must be verified by your accountant.

• Profit-and-loss calculations (“Einnahme-Überschuss-Rechnung”) for the last two years, you get these from your tax accountant.

For self-employed business owners only

• The two most recent tax declarations (“Einkommenssteuererklärung”), this is the tax declaration you have submitted to the German tax office.

• The Two most recent tax returns (“Einkommenssteuerbescheid”), you should receive a tax return from the German tax office.

• Profit & loss account for the last year (“BWA: Betriebswirtschaftliche Auswertung”), this evaluation shows your current revenue and must be verified by your accountant.

• Balance sheets incl. the profit-and-loss calculation for the last two years (“Gewinn-Verlust-Rechnung”), you get these from your tax accountant.

In addition to the personal documents, you will also need to provide specific documents about the property you are looking to buy. Once you have found the right property, you will need to gather the following property documents to fully qualify for a mortgage :

• Current extract of land registration (“Grundbuchauszug”), you can receive this document directly from the land office (“Grundbuchamt”) or a notary of your choosing will do it for you.

• Declaration of division (“Teilungserklärung”), the seller/ real estate agent should provide this.

• Floor plan with measurements (“bemaßter Grundriss”), you will get this from the seller or the real estate agent.

• Floor area calculation (“Wohnflächenberechnung”),  you will get this from the seller or the real estate agent.

• Draft of the purchase contract (“Kaufvertragsentwurf”), a notary of your choosing will draft the purchase contract.

• Current photos of the property, these are usually in the “Expose”.

In addition to the personal documents, you will also need to provide specific documents about the property you are looking to buy. Once you have found the right property, you will need to gather the following property documents to fully qualify for a mortgage :

• Description of construction (“Baubeschreibung”), this document will be provided by the project developer.

• Current extract of land registration (“Grundbuchauszug”), you can receive this document directly from any notary or directly from the land office (“Grundbuchamt”).

• Declaration of division (“Teilungserklärung”), the seller/real estate agent should provide this.

• Floor plan with measurements (“bemaßter Grundriss”), you will get this from the seller or the real estate agent.

• Floor area calculation (“Wohnflächenberechnung”), you will get this from the seller or the real estate agent.

• Draft of the purchase contract (“Kaufvertragsentwurf”), a notary of your choosing will draft the purchase contract.

•  loan up to €400,000 
• Low interest
• Fast approval within 24 hours