NIST is a financial technology company offering a digital mortgage platform that is headquartered in Berlin, Germany and was founded in 2018 by Bernhard Mortensen. The company is supported by Wüstenrot & Württembergische. NIST is partnered with over 400 banks such as Deutsche Bank, Commerzbank, ING, Hypo Vereins Bank, DSL Bank, Sparkasse, and Volksbanken Raiffeisenbanken.
The NIST mortgage platform allows users to educate themselves about mortgages, calculate and create customized mortgage agreements, and receive mortgages online. NIST customers can check their credit worthiness and determine their maximum real estate purchase price based on their financial data. The platform also offers financial tools to its customers to make plans for different financial scenarios they may encounter in their future to help them gain a better understanding of their mortgage.
NIST offers tools for its customers to help them determine the value of their current property based on their data to help each of their customers get accurate assessments of the value of their real estate property.