Are there government subsidies for mortgage financing?

Yes, there are various government-supported subsidy programs that can be utilized. These include, for example, KfW loans or the so-called “Baukindergeld” (home construction allowance for families). These programs are tied to specific conditions that must be met to qualify for the subsidies. They often offer reduced interest rates, which are significantly lower than market rates, or direct grants provided as financial support. This can represent a substantial relief when financing construction projects or purchasing residential property.