Lately fewer and fewer people can buy housing on their own. Therefore, for those who are still puzzled by the goal of acquiring an apartment for themselves, there is a choice - to save up or take out a mortgage loan. Save for a long time, mortgage is faster. The only drawback is the complicated loan processing.
It is necessary
- To obtain a mortgage loan you will need:
- -standard package of documents;
- -statement;
- -documents for the apartment.
Instructions
Step 1
To start applying for a mortgage, you must first either come to the bank of your choice, or call by phone. There you will be advised on what documents you need to bring with you in order to apply. Further, the potential buyer of the living space collects all these papers and comes to the bank branch.
Step 2
In order to apply for a mortgage loan you need to bring: application; original passport and copies of all its pages (if co-borrowers participate in the loan process, their documents must be brought in accordance with the same requirements); copy of documents on marital status; originals and copies of all education documents, even completed courses, trainings and seminars; a copy of the work book (must be certified!); a certificate on the 2NDFL form with information for the past year. In some cases, the bank may request any other documents. For example, a certificate of ownership of any other property or vehicle. The bank usually reviews the application within 5-7 business days.
Step 3
If the application is approved, the buyer has three months to find a suitable living space. But it is better to look for it as quickly as possible, since the bank itself still has to approve it. If the financial institution has no questions about the selected square meters, then the last stage of registration of a mortgage loan begins. To do this, the borrower must submit the following documents to the bank: a copy of the ownership certificate of the seller of the apartment; an agreement for participation in shared construction (in the case of working with a new building); documents from the BTI, including an explication and a floor plan; as well as the conclusion of a professional appraiser on the market value of the apartment. The bank will consider such an application for a couple of days.
Step 4
If, according to the results of a bank check, everything is in order, then he concludes a loan agreement with the borrower and transfers the required amount, and the buyer can draw up a purchase and sale agreement. Now the most important thing is to remember to repay the loan on time.
