All credit institutions make the condition that the activity should be carried out for more than six months and the applicant may no longer be in the probationary period.
The apprentice does not fulfill this condition, which is why you often do not receive a loan commitment from the respective banks.
It lowers the chance for banks, that it comes to the payment default, by the indefinite employment.
Private lenders decide themselves
The safer the job, the smaller the expectation that the loan will not be repaid due to unemployment.
Most banks do not allow loans whose duration exceeds the duration of the employment contract.
Even time guards get from some banks for the same reason no promise for a loan. For time soldiers also do not have a stable employment relationship, because the service is based on an agreed period.
Nevertheless, it depends on the duration of the defined service period, because if it exceeds the repayment period, the soldier is often promised a loan.
But a loan that exceeds the duration of the service is often denied.
The timing of the age and length of the repayment term is important for retirees, as there is a regular income, but the risk of premature retirement increases. Therefore, banks often set a maximum age for granting a loan, often at 75 years ,
If this age is exceeded, a loan application is usually rejected. However, if the maximum age is not exceeded and the loan has been approved, lenders will usually require a copy of the pension statement.
Also, a residual debt insurance is required for the death, as this will usually take over the amortization