It is difficult for a Russian citizen to obtain a loan from a foreign bank. However, contrary to the generally accepted opinion, this is still real, it is enough to correctly express your requirements and immediately submit the necessary documents.
It is necessary
Identity card, income statement and other documents that the bank may request for its own reasons
Instructions
Step 1
The main and main reason for Russian lending abroad is the reliability of banks. In addition, foreign banks provide loans for a longer period and at lower interest rates than Russian ones. Foreign enterprises are ready to lend to our small and medium-sized businesses for up to 10 years, while Russian banks issue loans for no more than 3-5 years. If you come to a foreign bank on your own as an individual, then the likelihood of obtaining a loan, for example, for a business is very small. Russians are reluctant to issue loans, it is much easier to get loans for a legal entity.
Step 2
The situation is better with real estate loans. Russian citizens can get mortgage loans for housing abroad, and it will be characterized by a low annual rate (3-5%) and high quality of services. Moreover, the initial payment is about 15%, which makes the loan affordable for different segments of the population. There are several ways to obtain a foreign loan. The simplest thing is to submit an application to a bank with a representative office in Russia. However, it should be borne in mind that Western banks have more stringent requirements, and often they require additional documents and detailed reporting.
Step 3
The procedure for obtaining a loan begins with the provision of a completed application for a loan, as well as the collection of the necessary documents. As a rule, this is a passport, information about income and an extract from a personal bank account. Then these data are sent by mail or brought to the official representative of the selected bank. Further, the application is considered and, based on the results of the consideration, a notification of the decision is received, or a request for providing any additional data.
