BfW – Bank für Wohnungswirtschaft – HOA Loan

Financing & Funding Law & Legislation


BfW – Bank für Wohnungswirtschaft AG focuses on financing (complex) refurbishment measures in homeowner associations (HOA) throughout Germany. For these measures, the bank offers the product “WEG-Kredit” (WEG = Wohnungseigentümergemeinschaft = homeowners’ association = HOA). The HOA loan is available for small homeowners’ associations with approx. 10 units as well as large HOA with more than 200 units. The maximum loan amount per unit is approx. 35,000 EUR.

Year // Duration

The HOA Loan as such has existed since 2007. With the ruling of the Federal Court of Justice (BGH) in September 2015, in which the loanability of HOA was once again specified and confirmed, the HOA Loan has experienced a new upswing (BGH ruling of 25.9.2015, V ZR 244/14).