Collecting the necessary documents for obtaining a mortgage loan is quite difficult and can take a lot of time. In addition to the fact that the documents must prove your identity, you will have to prove your solvency, as well as collect the necessary documentation for mortgage real estate.
If you decide on a mortgage loan, please be patient. First of all, you need to collect a package of documents. Most likely, you will need to provide not only your documents, but also for the acquired property. Of course, everything depends on the lending program offered by the bank.
Borrower documents
As for the borrower, the following documents will be required: a passport certified by the HR department, a copy of the work book, certificates confirming the receipt of income. If, in addition to your main place of work, you received any other income, you must also provide a copy of the tax return. And do not ignore this point, as the confirmation of additional income is primarily in your interests!
If you or your family members have expensive property (vehicles, real estate, land plot, securities), be sure to make copies of title documents.
If you or your family members have ever taken out a loan, take a certificate of credit history. And if you have a valid loan, you will need to provide a copy of the loan agreement. All this is necessary as confirmation that you are a reliable borrower, as well as help to calculate exactly the constant monthly expenses.
For potential borrowers - business owners, it is necessary to collect a special package of documents: copies of constituent documents, extracts on all available current accounts on the movement of funds for the last year, copies of various lease agreements, copies of documents on tax reporting. If there were any loans or leasing transactions in the business, you need to provide certificates on the quality of the fulfillment of contractual obligations. In addition, copies of contracts with major counterparties will be required. You may need to provide other business documents.
Real estate documents package
After the bank evaluates your solvency, the turn of documents for the real estate that you plan to purchase will come. First of all, these are documents confirming the ownership of the object, a copy of the BTI cadastral passport, copies of the passports of real estate owners and a copy of the house book.
Please note that no one should be registered in the purchased apartment or house.
