How to get a loan for an apartment – In order to get a mortgage , you need to know and understand all the nuances and possible difficulties . Mortgage – a form of collateral, modern mortgage property is owned by the person receiving the loan funds at the bank in case of default by the borrower of their duties shall be entitled to reimburse debt sale apartments . To avoid this – you should be familiar with all the nuances of mortgage lending. The primary , and perhaps the most important task is to choose the best mortgage program – period , rate, amount of down payment and monthly payment.
Providing mortgage banks offer fixed interest rate no higher than 40 % and not less than 10%. If a loan is made under the ” young family ” , then in the absence of children mortgage may be issued at 15% per annum, with 10% having children , young family works in the case where one of the spouses has not reached 35 years of age.
There is an option of processing the loan program ” young family ” if the family has only one parent and it does not have 35 years. If you can not make a down payment , you can get a consumer loan , but only if the funds will in future pay and credit and mortgages . Once the application for the loan approved at , you need to collect all the necessary documents : your passport and passport guarantor, being married , marriage certificate or its dissolution has children , children’s birth certificates , pension certificate and diploma , all copies , Help 2NDFL except confirming your income .
When deciding on the approval of a mortgage bank takes into account credit history and income of the entire family as a whole. In that case, if you intend to repay the loan before the period provided , you must check in the bank if they provide such an opportunity , without charging a penalty.
Since not all banks are able to provide the service to early repayment of the mortgage without penalty . In some banks, a prerequisite for a mortgage is the availability of property for collateral, be sure to pay attention to this nuance and decide for yourself this option suits you or not.
If in doubt about its solvency at the time of payment of the mortgage is better to postpone the issue until the time when you ‘re exactly sure that you can repay the loan.