Taking a loan from a bank, the client acquires not only housing, but also financial risks for its repayment. The amount of risks may increase due to an increase in the foreign exchange rate, which will only worsen the situation.
It is necessary
Experienced lawyer, new bank agreement, property buyers
Instructions
Step 1
If you have any difficulties with the return of the mortgage loan, then you can contact the bank to start negotiations, due to the increase in the foreign exchange rate.
Step 2
Obtain a preliminary decision of the bank on consent to transfer the mortgage loan into the national currency, or refusal.
Step 3
Calculate the possible options for repayment of the loan in the new conditions. Consider the option of selling mortgaged housing. To do this, you need to familiarize yourself with the prices for real estate in this locality.
Step 4
Hire a lawyer if the funds from the sale of the apartment may not be enough to cover the loan. Set the task - to achieve by legal means the revision of the loan agreement by the bank.
