Well, it seems that banks (at least some) read Nordnet’s entire credit limit from the positive credit information register, and not just the utilized portion. So, if 10,000 EUR is in use but 500,000 EUR is available, the bank would seem to interpret it according to the latter.
Do I have to temporarily reduce Nordnet’s available limit by force, or what should be done? Does anyone have experience with this?
This topic has been discussed here before. Although it hasn’t really affected my life, it was one reason why I recently lowered my Nordnet limit.
Similarly, in the positive credit register, credit card limits, for example, also have an impact. Fortunately, I only use one, and it also has a very moderate credit limit.
I talked to my bank’s contact person about this in winter, and he said that it does show, but they also see how much of the credit limit is in use and take that into account. He also said that there’s no problem with it, because there’s a portfolio backing that limit anyway. I didn’t apply for a loan then, though, but I inquired about it a bit in advance, as we were talking with the bank person after a long time.
Indeed, there are several of those, and the total credit limits (unused) are probably at least 35 kE. Today I have a negotiation with the bank. I’ll have to ask directly if these really need to be reduced and/or closed completely. The previous one was just a direct rejection, but they didn’t bother to explain why, even though I specifically demanded it.
It seems like an absurd system as it is. As an entrepreneur, no income is visible there anyway, and the whole contraption is mostly a nuisance.
Or then your credit limits are relatively small compared to your assets. Indeed, on this forum, problems caused specifically by those limits have been reported.
Secondly, for example, Nordnet’s credit balances are updated in the register once a month. So the contact person doesn’t see any up-to-date debt balance.
It’s possible that problems will eventually arise. The credit limit is 200k€ in Nordnet, which is quite a significant sum compared to my assets. It’s also considerable compared to my income; I am relatively middle-income. My bank is Aktia, where I have previously been able to settle things with common sense, and we haven’t gone by all the strict rules.
What kind of response time did banks have for your loan inquiries these days? I’ve sometimes read that they’ve been quite busy, which could have significantly delayed getting loans. And did the “negotiations” happen entirely by email, or did everyone/some need a meeting or a phone consultation?
Earlier this year, it took 1-2 days to get in touch, and a negotiation could be scheduled within about 1-2 weeks; at least back then, it didn’t take longer than that. A few banks wanted to handle it via video call, and with a few others, solely over the phone. OP and Nordea were regular phone calls (they didn’t seem to have a video call option), whereas Danske, SP, and POP were video calls. Subsequent communications then mainly took place via email, except Nordea has its own service that requires logging in with identification. Communication was quite smooth; usually, replies to messages always came by the next day at the latest.
For an investment property loan, I submitted a loan application to Nordea 2.5 weeks ago on a Sunday. Immediately on Monday, I received a call and we scheduled a negotiation for Friday (suited me, could have been earlier). The negotiation was okay and there were no obstacles to the loan promise - there was no definite property in sight. The following week, towards the end of the week, I received the promise and made a favorable offer, which went through within a couple of days. After this, a new video conference and the loan documents were ready for signing within a couple of days. Now the deed of sale is progressing. The process felt quite smooth. I have a long-standing customer relationship, already own a few investment properties, and now have a 100% loan (additional collateral from other properties with free collateral).
The margin for the income-generating loan is 0.6 (12-month Euribor). I didn’t start comparing loan offers at this point - it’s quite a big process to switch the entire package to another bank, and I don’t really see my loans being spread across multiple banks.
My own experience was that at Nordea, at least, there isn’t a terrible rush right now, but work is being done diligently with loan applications. The only downside is the big bank’s way of changing negotiators - 10 years ago, there was still a dedicated contact person.
What kind of mortgage margins have people been getting from banks lately?
It looks like I’ll soon be taking on a big mortgage with the purchase of a detached house, so that’s why I’m asking.
I don’t know if this is the right thread for this discussion, so feel free to move it if necessary. 
This is the price you can get a housing loan for right now | Talouselämä
A newspaper article on the topic published yesterday. So, for an ordinary person, loan servicing costs are still about three times higher compared to the zero-interest rate period.
It would be interesting to know what kind of specifications the loan was requested with. 0.60–0.80% is, in my opinion, quite a high margin for a housing loan acquired for residential use, so it probably wasn’t requested with the information of an ideal customer. Wasn’t well under half a percentage point the norm in most cases during zero-interest rate times? Even entrepreneurs and other “risky” customers could achieve that.
Nordea has offered me 0.43 and Aktia 0.4 margins just this past month. The margin of my current loan is 0.4 from S-Pankki from two years ago. Aktia offered directly without any arrangement fees.
Loan amount just over 100 k€, gross income about 2800€/month. A year of sick leave in the background and a probationary period in a permanent employment, so I’m definitely not some super-customer.
Thank you, this was very important information.
It gives a bit of an idea what to expect.
Here, I also got the same 0.43% from Nordea, and the loan amount is also around 100k€. With roughly similar specs, OP offered 0.48% and OmaSP (my own bank) 0.70%.
Here recently, OP offered a mortgage with a margin of 0.45%.
Loan amount approx. 340k.
Does the margin itself bring 0.45, and the so-called insurance bonuses on top?
Yes. And the updated offer was 0.43%.
marks marks
I have 0.48 OP, and they naturally said they couldn’t offer it to anyone below that. 
Half of the loan is already paid, and a large portion of the remainder would be in stocks, so I wondered why the negotiations were so tough.
I was indeed offered a 0.40 margin from OP as well in the end.