Own housing is a dream of any person. But how can you buy real estate if prices are rising inexorably? A mortgage will help you with this.
What is mortgage
A mortgage is one of the forms of pledge, in which the pledged real estate remains in the ownership of the debtor, but in case of non-payment, the creditor has the right to put up this property for sale.
The word "mortgage" from Greek means "pledge". In Western countries, mortgages are a fairly common thing, while in Russia they appeared relatively recently.
At the moment, a huge number of banks offer this service. But there are certain requirements that you must meet, and you must have an appropriate package of documents that you must submit to the bank.
As a rule, a mortgage is given at 10-15% per annum and is a rather profitable cooperation for both the bank and the borrower.
One of the banks providing mortgage lending is VTB 24. In this organization, the provision of mortgages is possible for both individuals and legal entities. At the same time, the package of documents is different.
Documents required for individuals
If you are an individual, then you must provide the bank with the following documents: a passport of a citizen of the Russian Federation or a passport of a foreign citizen, a copy of the second document proving your identity. It can be a military ID, a copy of a driver's license, or a sailor's passport. It is also necessary to bring a copy of the work book and a certificate in the form of 2NDFL. This certificate can be replaced with a certificate in the form of a bank, a sample of which must be provided to you there.
Documents required for legal entities
If you are a legal entity, then the documents that prove your identity remain the same as for individuals. In addition to them, you are required to provide an extract from the Unified State Register of Legal Entities, an extract from the bank on the cash flow on debit and credit for the past year, copies of documents confirming the credit history and current obligations of the company.
In addition, the bank may require copies of forms No. 1 and No. 2, which cover the balance sheet and profit and loss statement of the company, as well as copies of licenses, certificates and patents with the seal and signature of the company.
Documents for the acquired property
All of the above documents confirm your income and identity, but, in addition to them, you must provide a package of documents for the acquired property, namely: a copy of the cadastral passport of real estate, a copy of an extract from the house book, a copy of a financial account.
If there are minor owners among the sellers, it will be necessary to have permission from the guardianship and guardianship authorities. If the seller is a legal entity, then documents for it are provided.
