Under what conditions give a mortgage: documents, features and recommendations

The question concerning the conditions under which a mortgage is offered is of interest to many people nowadays. And every person who needs his own roof over his head, at least once, let him think about this issue. Many are frightened that the mortgage may not be approved. Well, there are such cases, albeit rarely. But it is also true that a mortgage loan is extremely beneficial to banks. Therefore, they are issued to many people who apply for financial assistance. However, knowing about the conditions will not hurt.

Income

The extent to which a potential borrower is solvent, interests bank employees the most. Under what conditions do you give a mortgage? For those in which the client of the bank earns well and can afford to give part of his income (half, usually) as a repayment of the debt.

In the eyes of the bank, a person can appear in a good light, if he works on the RF TC, has a higher education and works in the same place for at least a year. Entrepreneurs are "welcomed" reluctantly, considering individual business a risky activity.

The words about their incomes will have to be confirmed. There are four documents accepted by the bank. This is the certificate on the form of the employer, 2-NDFL, proof of income in the form of the bank and a certificate of the claimed, monthly received funds. "Traditionally" customers rent 2-NDFL. This is a familiar document, which indicates income for a certain period - you can trace the dynamics or stability, which is appreciated by the bank.

General requirements

Telling about the conditions on which you give a mortgage for an apartment, you can not fail to note the general provisions. So, here are the requirements that a person who wants to issue a housing loan must meet:

• He is required to have citizenship of the Russian Federation.
• The minimum age of the borrower is 21 years.
• The maximum is 65 at maturity. That is, if a person intends to issue a housing loan at 60 years, then they will give it only for 5 years. These are the requirements of most banks. Although Sovcombank, for example, has a minimum age of 20 years, and a maximum age of 85.
• Also, the client must be registered in the region in which he draws up a housing loan.
• Total length of service - at least a year. At the last workplace - from 6 months.

Here, in principle, and everything about the terms on which banks give mortgages. In some cases, there may be exceptions. As with Sovcombank, for example. Or with Gazprombank and VTB 24, where the length of service is counted from 4 months. But in general, the requirements for borrowers are the same.

Documentation

Even the person who does not know anything about the topic of loans, can assume that 2-NDFL - is not the only paper necessary to design a housing loan. Well, under what conditions give a mortgage? Documents with a person should be as follows:

• statement;
• Copy and original of the passport;
• SNILS (photocopy is also needed);
• Certificate of INN (original + copy);
• A military ticket or a postmark - for males under 27 years of age;
• Documents on education, marriage, divorce and marriage contract (if any);
• If there are children, a certificate of their birth;
• A copy of the work record card, which must be certified by the employer.

This is the main package of documents. They must necessarily be prepared if a person is seriously interested in the question of how to get a mortgage for an apartment.

Who is given a mortgage? Almost everyone, and that's why for older people, a mandatory document for presentation is their pension certificate. And for people with a dubious past - a certificate from the narcological / psycho-neurological dispensary. However, the bank can request any other documents - but which ones, it will already be specified on an individual basis.

How much should I earn?

The bigger, the better. Paradox! After all, it would seem, mortgage was created for people who need financial services. But you really need to earn enough - with a view to paying off debt and living.

It is better, however, to give an example. Many are sent for a mortgage in VTB 24. The conditions for the bank's clients are especially advantageous there. So, say, a person came to make out a mortgage. He looked at his apartment in a new house for 2,000,000 rubles. He has an initial contribution of 15% (this is 300,000 rubles). And he wants to issue a housing loan for 5 years. In this case, his monthly income should be about 63 000 rubles. Because ~ 37,900 he will have to give in as a debt for five years.

Given the interest rate of 12.1% per annum, during this period the client will pay 2 274 120 rubles in debt. Overpayment is 574 120 rubles. No small sum. So, as you can see, the less time and more salary, the less expensive will be the loan.

Payment history

It should also be noted with attention, telling about the conditions under which the mortgage is given. A good credit history is no less important than a good income. And something, and her banks are checked carefully. Before you approve the customer service, they find out whether he has debts under existing contracts, whether he made payments in a timely manner. In general, how he showed himself as a client. If there is no credit history, everything will depend on how complete the package of documents presented by the potential borrower is.

Which property to choose?

This should also be mentioned, telling about the conditions under which a mortgage is given. It is best to choose an apartment, located in front of not very populated areas. There are no such options? Then you can find something else, the main thing - do not choose an apartment in the old houses. Because such "wishes" of customers banks immediately sweep away.

However, real estate is not chosen in the first place. But only after preliminary approval. But the stage is still important. Since a person does not need to cheat and invest in a loan as much as possible. To do this, there is an appraiser, to whose services the client will have to resort. He will also write down the subject of the mortgage and its estimated value. To which appraiser to apply? This is a private matter for everyone, but each bank cooperates with organizations of the appropriate profile, so it's better not to fool yourself with unnecessary questions and take advantage of the ready-made option. In addition, this will speed up the consideration of the application for housing loans. Because the bank's employees will not need to check the appraiser they do not know.

Social programs

They are very popular today. Therefore, the question of the conditions on which a mortgage is given to a young family is often asked. So, here are the main points about which you need to know:

• The program "Young Family" can be used by spouses, the age of each of which does not exceed 35 years.
• They need to prove that they need to improve their living conditions.
• The area on which they live, in terms of indicators does not reach the regional norm (6 m ² per person).
• Housing does not meet sanitary requirements.
• The family divides the communal area with a sick person, with whom it is impossible to coexist.

Spouses can get a subsidy, which is intended for partial payment of a mortgage or down payment, financing the construction of their home, payment of a housing loan (already issued), purchase of an economy class apartment.

If income can not be confirmed?

And this also happens. Sometimes people who work unofficially earn very good money - such as would be enough for a mortgage. And, as mentioned earlier, few people are denied housing loans. So even if there is no official certificate of income, there is a way out.

But which banks give mortgages and on what terms? The same "VTB 24", for example:

• 13.1% per annum;
• Two documents (passport and second one to choose from);
• Minimum initial contribution from 40%;
• The amount is from 600,000 rubles to 30 million rubles.

Let's say an apartment costs 3,000,000 rubles. The loan amount will be 1 800 000 rubles, as 1 200 000 people will contribute 40% as those. Each month, he will have to receive about 68 500 rubles to repay the loan in 5 years. A little more than 41 thousand will need to be given to the bank as a debt. Of course, the requirements are tougher, but there are also advantages. In general, in other banks, "surcharge" rates for lack of references can vary from 1 to 5%.

Recommendations

People who have already issued a housing loan, often share advice with those who are just waiting for it. They certainly know under what conditions banks give mortgages. And several practical recommendations worth noting with attention at the end.

1. Absolutely all people assure: it is important to take a loan for the amount that you will be able to repay exactly. It would seem that this is so clear! But no, many overestimate their capabilities, because they are inspired by various motivations, like "parents will help", "you can find work-outs", "cut costs", etc. But in fact it turns out the other way around. Parents of grown up children are not going to help, there are no job prospects, and it's hard to eat only buckwheat. As a result, everything is in debt, with problems and a stained credit history.

2. The shorter the period, the better. So do banks. People who are able to pay debts for several years, and not for 30, cause confidence.

3. And one more recommendation says that, in addition to all the basic documents, it is worthwhile to bring additional proof of income to the bank. If, for example, a person has one apartment, and he gives it away - then you can imagine, in addition to 2-NDFL, also a contract concluded with the tenant. This is a confirmed income, which will certainly play into the hands, as it will be taken into account by the bank's employee.

Well, if you consider these tips, remember all of the above and carefully select a bank - you will get a loan for the most favorable terms for yourself.