You have chosen a bank and are about to apply for a mortgage. It is necessary to understand that you must arrange a bank as a borrower. First you need to apply for a mortgage. This is done so that banking services can consider your candidacy.
Instructions
Step 1
The bank carefully examines the information provided about your work and your income. Credit history and personal data are taken into account. This is how the bank checks each borrower before applying for a mortgage, examines a candidate before issuing a mortgage loan.
Step 2
After checking the documents, a decision on lending is made. They can be positive, negative and intermediate. In the latter case, the bank can issue a loan for a smaller amount.
Step 3
Even if everything is in order with the documents, the salary is good and the work experience is large, there is no guarantee that the bank will approve the issuance of a mortgage. The bank may refuse. This is done for several reasons.
Step 4
Firstly, credit history is of great importance. If it is bad, then the chances of getting a mortgage are slim. For example, a five-day delay in Sberbank will not allow obtaining a mortgage loan in the next 5 years. And it doesn't matter that the delay has already been closed and the loan has been fully repaid.
Step 5
Of course, a bank with a small number of clients can figure out the situation, but there are not many chances for this. You must provide valid reasons explaining the delay on the loan. It may be a job loss, but the delay should not be more than 90 days.
Step 6
The second reason for refusal is that the mortgage applicant did not pass the scoring. This is a system that cuts out clients that are not suitable for a given bank. This program is a portrait of the borrower. If he gains points, then he is suitable for the bank as a client.
Step 7
The third reason for the refusal is that bank employees did not get through to the specified work phones. In this case, you will also receive a refusal. Therefore, warn at work that you are going to take out a loan.
Step 8
If the client is confused in the data and speaks in a confused way, the bank may also refuse. It is important to answer questions clearly and confidently. You should be prepared for the fact that the bank may ask questions about work and about the purpose of lending.
Step 9
Errors in documents are often the reason for rejection. Minor errors rarely become a reason for refusal, but it is still worth checking the documents before submitting them to the bank.
Step 10
Before applying for a loan, check your information on the website of tax authorities, bailiffs, traffic police. It is almost impossible to get a mortgage if you have a previous criminal record. There are chances to get a mortgage if the criminal record was conditional.
Step 11
If the 2-NDFL certificate or work book did not pass the bank's check, then the client is denied a mortgage. In any case, even if you were refused by one bank, it is worth submitting documents to another. Perhaps a mortgage loan will be approved by another financial institution.
