Münchener Hypothekenbank eG is the partner for the German cooperative banks (Volksbanken and Raiffeisenbanken) for providing the full spectrum of residential and commercial property financing requirements.
The Bank was founded as a cooperative bank in 1896 with the support of the Bavarian government. Over the years the Bank has evolved from its original agrarian orientation to become a modern mortgage bank that is active in both national and international markets. Furthermore, MünchenerHyp has retained its legal status as a registered cooperative since it was founded and is one of few remaining independent mortgage banks in Germany today.
We are committed to being a reliable financing partner that is focused on sustaining long-standing business relationships with customers – and the numerous awards we have received for our expertise in the area of long-term property finance reflect our success in filling this commitment with life. The Banks two core areas of business are private and commercial property finance. Moreover, as an issuer of Mortgage and Public Pfandbriefe, MünchenerHyp has earned an excellent reputation in the capital markets.
Private customer business
We maintain 11 regional offices throughout Germany staffed with experts to support our ongoing business relationships with the Volksbanken and Raiffeisenbanken. We conduct our private property financing business via the Cooperative Financial Network (genossenschaftliche FinanzGruppe), the Volksbanken and Raiffeisenbanken, and our regional offices, which serve as lending partners to local banks within the Cooperative Financial Network.
Commercial lending business
Our national and international commercial property lending business is managed centrally from our main office in Munich. Within Germany we also maintain offices in Frankfurt/Main, Hamburg and Berlin. The international set up consists of a network of cooperation partners based in Madrid, Paris and Vienna.
Low Risk Business Policy
Pfandbrief investors benefit from:
- the cover principle
- the preferential right of Pfandbrief creditors to the cover pool
- the prudent calculation of lending value
- the 60% limit on the loan-to-value ratio