Mortgage Lending For Self-Employed – So You Fulfill the Dream of Home

The dream of home dreaming many, but for self-employed and freelancers, the way to mortgage financing is often bumpy. But why is that so?

From the perspective of the banks, many self-employed and freelancers do not fulfill an important criterion when it comes to the granting of mortgages – a monthly regulated income. Since mortgage lending generally involves a need for financing above € 100,000, banks require certain financial guarantees in order to be able to assess whether they will be able to service your loan in the future as well.

Basically, it is more difficult for self-employed or freelancers due to their income situation to get a suitable mortgage lending than for other professions. In today’s blog post, you ‘ll learn how you still get the chance to get a real estate loan and what’s important to remember.

Documents and evidence

Self-employed and freelancers, due to their fluctuating income, have to submit significantly more documentation for a funding request than employees. In order to get an idea of ​​your income development, you must, among other things, submit the following documents:

  • Submit the tax assessments of the past three years and the balance sheets for this period.
  • Freelancers must submit their revenue surplus bill for the past three years.
  • You should be able to provide up -to-date figures such as your business reports from the last few months and the totals balance list.
  • You may also be required to submit your complete tax return to the bank.

Basically, a small fluctuation range and a high sustainability of income have a positive effect on your financing project.

Private credit-Check / CreditForme:

SCHUFA-Check / Creditreform:

In addition to a good credit rating, flawless Private credit information for the self-employed and freelancers is just as important as a negative Private credit information for banks carries a financial risk.

Once a year, you have the right to get a free Private credit self- assessment. Apply for this self-assessment before the appointment with the bank in order to be aware of any irregularities in time. If you already have a negative Private credit entry, this does not have to be a knock-out criterion. However, this procedure must be discussed individually with each bank and at best with their TGI financial partner in advance.

Many banks are still looking at the information provided by CreditForme for self-employed persons and company owners ; it is worthwhile to look at them beforehand.

The equity

The equity

Even for self-employed persons, a higher equity ratio increases the chances of receiving an offer with favorable interest rates. Another advantage is that the required equity reduces your required loan and thus the monthly burden. For leased real estate, from a tax point of view, a lower equity investment may make sense. In order to then optimize the interest, the introduction of an individual additional security can make sense.


Self-employed persons can not, like employees, assign their salary to the credit agreement, so that the collateral required by the banks to secure the loan is often extended. For example, a death protection or, in the case of commercial financing, a security assignment of inventory. Pledges of deposits or repurchase values ​​of existing insurance may also be required or may improve the interest rate. It is therefore advisable to consider other options and discuss individually with us.



Since banks have a higher outlay on checking the creditworthiness of self-employed and freelancers, interest-rate premiums have to be expected when lending loans. Since there may be interest rate differentials from bank to bank, it is worthwhile to sift through and compare the various offers in advance.

Flexible mortgage loan

Flexible mortgage loan

In order to compensate for a fluctuating income, a flexible mortgage lending loan for the self-employed is particularly advisable.
1. By contractually fixing a free adjustment of the repayment installment, the monthly installment may be reduced for a specified period of time.
2. Free payment of special repayments if you have earned more than expected.

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