Benefits of a Financing Certificate
How the personal review by OHYP prepares your property purchase.
A financing certificate helps prepare the conversation about a specific property purchase. OHYP reviews your details and records its assessment in a document. It guarantees neither a loan nor acceptance of your offer.
The 8 most important benefits at a glance
1. Prepare the purchase discussion
A reviewed assessment lets you discuss your purchase plans more concretely at a viewing and show that you have considered the financing.
How to use your certificate:
Present the certificate for the relevant property to the agent or seller. Discuss which further evidence is needed before a purchase.
2. Higher credibility with sellers
The confirmation shows that an OHYP advisor has reviewed your details. It gives sellers and agents a basis for questions about your plans. The document does not replace a binding loan commitment.
- A concrete basis for questions
- A confirmation for your chosen property
- A contact for your financing
3. Clarify questions early
Discussing income, equity and financing needs early helps identify missing details before the bank process. The time until a loan commitment depends on the bank and the documents.
Before the review:
Gather financing questions
After the review:
Know the next steps
4. Show your preparation
A certificate can show that you have prepared your plans. Whether the seller accepts your offer also depends on price, timing and other terms.
What the certificate does not promise:
It guarantees neither acceptance of your offer nor a price reduction. The seller makes those decisions.
5. Discuss a suitable budget
The personal review helps you compare the purchase price with your financial situation. You can base the next discussion on that assessment.
6. Have a contact to turn to
OHYP discusses open questions and required documents with you. If the property or your finances change, you can review the assessment together.
7. Professional appearance
A financing certificate shows that you approach your property purchase professionally. This conveys reliability and trustworthiness – important factors for sellers who are often emotionally attached to their property.
8. Clarity about your financial situation
During the review, you discuss income, equity and existing commitments. This helps assess your financing needs. The bank makes the final lending decision.
For whom is a financing certificate particularly worthwhile?
A financing certificate is particularly valuable in the following situations:
In metropolitan areas
Munich, Hamburg, Berlin, Frankfurt, Stuttgart – everywhere where demand significantly exceeds supply
For sought-after properties
Attractive location, good condition, fair price – such properties are quickly sold
For first-time buyers
Without property ownership, you appear less experienced – the certificate compensates for this disadvantage
For self-employed
Your creditworthiness is often viewed more critically – the certificate creates trust
What does a financing certificate cost?
The request and OHYP certificate are free and non-binding for you. If OHYP arranges financing, the lender pays OHYP's commission.
What you get:
- Professional financing certificate
- Personal review of your details
- Assessment for the specific property
- Personal advice from experts
- Issuance after a positive review
Get an advantage now
Apply for your free financing certificate and be well prepared for your next viewing appointment.