A loan secured by an apartment is quite popular due to its availability. Thus, the bank does not have to look for confirmation of the client's solvency, and the borrower can quickly get funds to buy a home or develop a business.
It is necessary
A package of documents required by the bank to issue a loan
Instructions
Step 1
Find a suitable program. There are many different lending offers on the market today. They differ in the amount of interest rates, the package of documents required for obtaining a loan, the timing, the presence of a moratorium on early repayment and other conditions. Among this variety, the borrower needs to choose those programs that suit him. If you cannot do this on your own, you can contact a credit broker, who will independently choose the most optimal options in each case.
Step 2
Apply for a loan. This can be done in two ways - fill out an application for a loan at the bank or on its official website. In the first case, you will have to come to the bank and, possibly, stand in line. In the second case, you will need only 5-10 minutes to fill out the application. To do this, you need to go to the website of the credit institution and find there a link to submit an application. As a rule, it is located on the home page.
Step 3
Wait for the bank's decision. The term for making a decision can be from 15 minutes to several weeks, it all depends on the conditions of a particular bank. Employees of the credit institution will contact you at the specified contacts and inform you about the decision. However, you can call the bank yourself and clarify whether a decision has been made on your application.
Step 4
Collect a package of required documents. A prerequisite is the presence of a passport, a second identity document, and a certificate of ownership of the mortgaged apartment. Additionally, the bank may require the provision of certificates of marriage and birth of children, income statement and other documents.
Step 5
Sign the agreement with the bank. Carefully read all the clauses of the contract and only then sign the document.
Step 6
Take the money. After you have settled all the formalities with the bank, you can withdraw money from the bank.
