According to analysts, the demand for mortgage loans is growing, while the interest rate is decreasing. However, not everyone decides to take on such obligations, for the reason that someone wants to save money, someone stretches payments for 50 years, and someone needs a mortgage with the lowest monthly payments. You can take out a mortgage on favorable terms. It is only important to know a few options for the selection of such a loan.
Instructions
Step 1
It is better to pay attention to large banks, since it is a large bank that has a huge number of clients and can offer lower rates compared to new banks, or small banks and branches.
Step 2
When applying for a loan, choose the currency in which salaries are paid, since in this case there will be no conversion for monthly payments. Winning something on the foreign exchange difference is a rather risky decision, since a mortgage is a long-term process.
Step 3
A loan program using maternity capital can help you save enough. Today it can be used to make the first loan payment. In addition, this option will help reduce the mortgage rate and shorten the repayment period.
Step 4
Quite not a bad option is the "Young Family" program. This year the rates on mortgage loans taken under this program start at 10.5%.
Step 5
Separate mortgage lending programs have been developed for military personnel. Under the terms of such a program, a separate account will be opened in the name of the future borrower, to which the state will transfer funds. Today the amount of such a transfer is 18,500 rubles per month. However, the money can be used to pay off the loan, only after three years
Step 6
If a mortgage loan has already been taken and payments are being made, but some other bank has a more interesting offer that you want to use, apply for refinancing. Since there is fierce competition among banks, during the periods of the so-called "mortgage boom", a huge number of people may appear who want to take out a loan with a lower interest rate. However, do not forget that the refinancing option is possible only after receiving approval from the bank from which the loan was originally taken. It is quite realistic to get a positive decision, provided that payments are made in good faith and that there are no delays in payments.
