16.04.2021 If you need real estate financing as a self-employed person, you have always had to provide some proof of income. In times of Corona, the banks' requirements for lending to the self-employed have increased. Accordingly, freelancers and tradesmen must currently bring additional documents and evidence. An important realization: without a tax advisor there is nothing more to be done.
The Corona crisis hits especially the small businesses and "solo self-employed". We want to give you here an overview, which promotions and assistance in particular sole proprietors (inside), thus tradesmen and self-employed persons, can take up at present and where and how one applies for these promotions completely practically. We are currently working on the content and update it here continuously.
(This post is outdated; as of April 2020)
Written by Olaf Varlemann – Managing Director Baufi-Nord GmbH. Published in Construction financing for the self-employed
Many self-employed people complain that there are supposedly hardly any banks willing to finance their property. This impression can arise naturally fast, if one inquires simply only with the wrong banks. Pure private customer banks actually fall out as potential lenders, but there are also numerous (!) Banks that have no problem with self-employed people.
Written by Olaf Varlemann – Managing Director Baufi-Nord GmbH. Published in Construction financing for the self-employed
Banks have been under pressure at least since the entry into force of the so-called. Residential real estate credit directive on 21.03.2016 obliged to check your income very carefully when granting a loan. As a freelancer or businessman, you must therefore provide a whole range of proof of income when applying for real estate financing. We show you which documents you need to be successful with the banks.
Written by Olaf Varlemann – Managing Director Baufi-Nord GmbH. Published in Construction financing for the self-employed
In the case of salaried employees and civil servants, income can usually be easily read off from their pay slips. But how does it work for self-employed? How do banks determine the income of self-employed persons or freelancers when granting loans??
Written by Olaf Varlemann – Managing Director Baufi-Nord GmbH. Published in Construction financing for the self-employed
The distinction between freelancers and "normal" tradesmen is not always easy to make. Basically, freelancers are also tradesmen, but enjoy u.a. Tax advantages, since the so-called. liberal professions are not subject to trade tax.