Submit a mortgage application to the bank. Online mortgage application
For many Russians, improving their living conditions is an unrealizable goal, and acquiring new “choirs” in general remains only a dream. Some save money, thinking that in the future they will be able to raise the necessary amount to buy an apartment or house, but their purchasing power only decreases due to inflation and costs. However, in this situation, the solution will be mortgage lending. To make this decision profitable, you should know where it is better and how to get a mortgage, compare the offers of Russian banks, choose the best.
What you need to know before applying for a mortgage
Now is the right time to get a mortgage. Today the most affordable rates. If earlier lenders took 12-13% per annum, now they have a record low level, the cost of a mortgage has dropped to 9.50% per year. But this is not the limit. It is assumed that banks issuing a mortgage, will begin to serve mortgage borrowers at 8% per annum.
Such conditions can expect us by the end of 2018, and in 2019, it is likely that the interest rate will drop to 7%. Against this background, 50-80% of transactions in the residential real estate market are concluded through mortgage lending, more than 4 million people repay loans for housing. Not only new borrowers will benefit, but also existing ones, since credit and financial institutions give them the opportunity to arrange refinancing of existing loans.
This allows individuals to save significantly (15-20% of the amount of the monthly payment). By the way, the share of mortgage refinancing will also grow. By providing this product, banks will not bear the risks, on the contrary, they will benefit from its distribution. Mortgage refinancing will lead to a decrease in payment, and, consequently, a credit burden on the family budget. If payment is made through an annuity system, the savings will be about 20%.
This suggests that it will become easier for the client to repay the debt, which means that he is likely to cope with his debt obligations. But some citizens have a question: “If everything is so good, and in the foreseeable future, the rates will become even lower, maybe then it is better to arrange a mortgage later?” It is more advisable not to postpone the purchase of housing, especially when it is urgently needed.
In search of a suitable offer, you may miss the right option. In addition, people who managed to get a mortgage, as practice shows, repay it ahead of schedule. This means that many borrowers are able to quickly cope with debt obligations and reduce at times the total overpayment.
How to get a mortgage loan
There are a number of aspects in which a person who intends to apply for a mortgage needs to be informed, for example, the optimal loan parameters. Just note that they are not, because all individually in each case. But a few general tips will come in handy for you:
- if you have already decided where to apply for a mortgage, and it remains to choose the most optimal loan program, pay attention to the size of the down payment. There is a connection between him and the bet. Typically, banks with an increased down payment reduce the cost of using borrowed funds. It is recommended to save at least 20% to contribute to the purchase of a house or apartment. This will add to your chances of approval. The more a person contributes at the first stage, the less will be the loan term and its cost. Of course, the ideal ratio of both credit funds and personal savings is considered to be 50 to 50. It is not worth taking a consumer loan for these purposes. Such actions will increase your debt burden, the likelihood of delays, etc. To search, at least, is silly, there are practically no such people on the mortgage market. If they are presented in a single character, there is no benefit from them. Firstly, this is a large interest on the loan. Secondly, - the mandatory selection of an object from a limited list of developers-partners of the bank;
- reasonably evaluate your financial capabilities. For borrowers living on a small salary, loan payments should not exceed 40% of the family budget. For individuals with an average income on a mortgage, it is allowed to allocate up to 50%. In the case when the salary is high, you can burden yourself with a credit burden of up to 60% or more.
What legal rules govern mortgage issues
Important for the future owner of housing is the size of the monthly payment. Again, this information will be given to you by the lender. This payment is calculated depending on the level of your income, and cannot exceed 40-50% of the salary (after taxes). Redemption can take many forms:
- constant payments at a fixed cost of using credit funds;
- at a fixed% rate and rising payments;
- through a variable rate.
Procedure to get a mortgage
You can choose a suitable loan program using a mortgage broker. Services are paid, but it will greatly facilitate the whole process. The specialist is looking for banks where you can get a mortgage, selects the best loan conditions, assists in the preparation of documentation. If the borrower is not ready for such expenses, you will have to do everything yourself.
The editors of the site "Take a loan!" I analyzed several dozens of offers from popular Russian banks and prepared a selection for you. But first, we will describe the scheme of actions required to be implemented in order to purchase housing at the expense of credit funds. A step-by-step instruction is as follows:
- Choose which bank you will take a loan from. In Russia, there are over fifty mortgage lenders. A large proportion of Russians prefer to apply for a mortgage at Sberbank. Also use the services: VTB, Russian Agricultural Bank, DeltaCredit, URALSIB, etc.
- Read the loan programs carefully. The same Sberbank offers its customers:
- mortgage for secondary housing;
- home improvement loan;
- acquisition of a real estate under construction in the primary market;
- a program designed for young families;
- military mortgage loan;
- land purchase, etc.
- At this stage, documentation is being prepared. Each bank has its own requirements for documents, but the standard list includes: passport, application, labor certificate of pledge (house book, property registration certificate, appraiser’s report, etc.), 2-NDFL.
- The lender issues a verdict in a few days-weeks based on scoring. If the answer is yes, the bank will tell you how much you can count on. After that, the borrower will have 1-6 months. on the final decision and signing of documents.
- A sales contract is concluded with the seller.
- Down payment is made.
- The insurance is issued. You may be asked to take out insurance: personal (life, health), title (from loss of ownership), property (from damage to the house / apartment).
- It remains to sign a mortgage and pledge agreement, register a sale and purchase transaction. Money is credited to the seller’s account within a few days.
How to apply for a mortgage at Tinkoff Bank
Loan program | Amount | Term | Rate | An initial fee |
Mortgage with a reduced rate | up to 99,000,000 rubles | under 25 years old | from 6% per annum | from 10% |
Mortgage with capital | up to 99,000,000 rubles | under 25 years old | from 6% per annum | from 10% |
Mortgage with state support | up to 3,000,000-8,000,000 rubles | under 25 years old | from 6% per annum | from 20% |
Real estate loan | up to 99,000,000 rubles | up to 20 years | from 9.90% per annum | - |
* Tinkoff Bank does not currently specialize in mortgages
Product Description
Tinkoff Bank is an intermediary in the issuance of a housing loan, i.e. broker. He has a partnership with other lenders, where he sends your online application for review within 2-4 days. Tinkoff helps arrange a mortgage at a low rate and choose a bank with the best programs.
A personal manager works with each client, who provides support in: collecting documents, organizing a transaction, finding real estate in the primary market and a suitable insurance company. If necessary, he can advise a good realtor. By the way, to get a mortgage, documentation for each bank does not need to be collected. Tinkoff itself will transfer 1 package to all partners.
And he collaborates with such commercial organizations as:
- DeltaCredit Bank;
- Orient Express Bank;
- Absolut Bank;
- Dom.RF;
- Gazprombank;
- AK BARS Bank;
- UniCredit Bank, etc.
If your request is successful, 1 visit to the bank will be enough to sign the contract. For registration you will need to download an online passport and income statement. If the borrower wishes to become an individual entrepreneur, the list of his documents is longer: passport, PSRN, TIN, tax payment certificates and declaration. The most acceptable conditions are set for apartments and apartments.
Those Russians who confirm income initially contribute 20% or more. To reduce the rate more, it is recommended to take out insurance on the health and life of the borrower. Also beneficial will be: buying an apartment from developers on promotional offers, a mortgage on a preferential state program. Refinancing a mortgage loan (from 8% per annum) is suitable for existing debtors.
If you partially repay the mortgage, the monthly payment will decrease. You can find out the approximate rate by indicating the value of the property, the amount of the down payment and the amount that you are willing to pay the bank every month.
How to get a mortgage in UBRD
Loan program | Amount | Term | Rate | An initial fee |
Mortgage for finished housing | up to 30 000 000 rubles | under 25 years old | from 9.30% per annum | from 20% |
Mortgage in a new building | up to 30 000 000 rubles | under 25 years old | from 9.30% per annum | from 20% |
Loan secured by real estate | up to 15,000,000 rubles | up to 15 years | from 12% per annum | - |
Mortgage with capital | up to 30 000 000 rubles | under 25 years old | from 9.30% per annum | from 10% |
Product Description
The Ural Bank for Reconstruction and Development cannot offer as many mortgage programs as competing credit and financial institutions. Nevertheless, he has the most necessary options, as well as acceptable loan conditions. The initial mortgage rate in the new building and on finished housing is set at 9.30% per annum, if you take ownership of real estate from developers-partners of UBRD.
In both cases, the guarantee is the pledge of the acquired property. The amount issued by the creditor may be from 300 thousand to 30 million rubles. The borrower is credited for 5-25 years. Customers interested in purchasing housing in the primary and secondary markets can apply for a stock mortgage. There are 3 of them, but only one is selected for the loan.
Each allows you to get a discount on the interest rate. If you take a mortgage under the capital, the fee will be at least 9.30% per year, and the deposit - from 10%. For those who wish to apply for any purpose a loan secured by existing property, its value will be 12% per annum or more. The maximum loan amount will not exceed 15 million rubles. For its obligations, the borrower will have to fully pay the bank for 5, 10 or 15 years.
Requirements for a borrower intending to apply for a mortgage in UBRD
Persons who are over 23 years old but no older than 70 years old at the time of debt repayment can count on cooperation with the creditor. It is proposed to apply for a mortgage only to Russian citizens with a permanent job, 3 months of experience (current labor activity) and a total of 12 months. For pensioners, proof of solvency is an old-age pension / for long service. The monthly earnings of the future borrower cannot be less than 12 thousand rubles, and the co-borrower - 10 thousand rubles.
It is important not to have current delinquencies and more than 2 credits if you do not want to be refused. The registration process is as follows: you consult with a mortgage specialist and submit an application on the UBRD website, after which you send the necessary documents to the bank’s e-mail or bring them personally to the department. Then there will be a call from the manager, who, during the consideration of the application, can ask clarifying questions.
If you submit a complete list of documentation, the answer will be known the next day after you try to arrange a mortgage. The verdict will also be reported by telephone. They will tell you about further actions. The client is given 3 months to select housing. He will not choose the object himself, but with the help of a personal manager. The date of the transaction is set by you, and for this you are in the bank office. After signing the loan documentation, insurance contract, a loan will be issued.
How likely is it to get a mortgage in the Housing Finance Bank
Loan program | Amount | Term | Rate | An initial fee |
Mortgage on 2 documents (secondary) | up to 20 million rubles | up to 30 years | from 9.20% per annum | from 20% |
New building on 2 documents | up to 20 million rubles | up to 30 years | from 20% per annum | from 4.90% |
Credit secured by the apartment / apartment | up to 20 million rubles | up to 20 years | from 10.30% per annum | - |
Product Description
In the line of Bank ZhilFinance there are 3 products. The most popular is a mortgage based on 2 documents, since it is accessible to a wide section of the population, firstly, because the registration process is quite quick and easy. The second reason for the growth in demand is the low rate. If you are officially working, confirm the income, it will be 9.20%.
The initial installment for a mortgage is considered to be 20% of the value of the object. It is given for 1-30 years in the amount of 480 thousand to 20 million rubles. A loan is taken on the basis of copies of a passport and a second document (SNILS, driver’s license, etc.). About 82% receive approval on the same day on an online application. The mortgage lending loan is provided to individuals with any credit history. A Russian citizen aged 18-65 becomes a borrower.
In addition to the mortgage for 2 documents, the lender gives:
- "New building" on 2 documents. News needs to be from 20%. The annual rate starts at 4.90%. They lend from 480 thousand to 20 million rubles. The object must be purchased from accredited developers;
- loan secured by real estate (apartment / apartment) - not more than 20 million rubles. (up to 70% of the value of the object) at 10.30% and above for 1-20 years. The guarantee is an apartment or apartments owned by you in one of the cities: Moscow, St. Petersburg, Moscow region, Moscow region, Krasnodar, Omsk, Novosibirsk, Krasnoyarsk, Nizhny Novgorod, Novorossiysk, Saratov, Kazan, Yekaterinburg, Volgograd. The living space should be in a multi-storey building, be in good condition, not burdened. Served: passport, real estate documentation.
Who can apply for a mortgage to purchase real estate in Promsvyazbank
Loan program | Amount | Term | Rate | An initial fee |
New building | up to 30 000 000 rubles | under 25 years old | from 8.70% per annum | from 10% |
Mortgage without down payment | up to 30 000 000 rubles | under 25 years old | from 11.10% per annum | 0% |
"Alternative" | up to 10,000,000 rubles | up to 15 years | from 12.70% per annum | |
Target Collateral Loan | up to 30 000 000 rubles | under 25 years old | from 8.85% per annum | - |
“In a mortgage - light!” | is decided individually | depending on the object | from 11% per annum | from 40% |
country estate | up to 15,000,000 rubles | under 25 years old | from 10.40% per annum | - |
Secondary market | up to 30 000 000 rubles | under 25 years old | from 8.85% per annum | from 10% |
Product Description
Promsvyazbank has over 7 offers that take into account the needs and requirements of the client, including “Maternity Capital”, a mortgage for the purchase of finished housing, in a new building. Refinancing is also provided. The maximum loan term is 25 years. The largest amount that you can borrow from a lender is 30 million rubles.
The fee for using a loan depends on its type, therefore the range of rates is as follows: 8.70-12.70% per year or more. However, you need to be careful when studying Promsvyazbank loan programs, since low interest is taken from salary clients. Also, the amount of the fee for using credit funds depends on which partners of the bank you will buy an apartment from.
Such conditions apply for insurance and down payment of at least 20% of the value of the object. You will be able to get a mortgage without a commission. Early repayment is allowed. For those people who do not want to limit themselves to the options offered by the bank's partners, you can take a targeted mortgage loan and buy any apartment or private house with a land plot both in the primary market and in the secondary.
Promsvyazbank also has such a program, which provides for the quick conclusion of a transaction with a minimum package of documents (without a certificate of employment and income) with the possibility of recording earnings from personal business. For persons intending to apply for a Secondary Market mortgage, the lender provides legal assistance, assists in organizing the purchase and sale transaction, etc.
Property and client insurance is carried out at a rate of 1% of the loan amount. Insurance is paid on the day you decide to apply for a mortgage. It will need to be rolled over annually. The requirements for the borrower are as follows:
- russian citizenship and permanent registration in the area where the banking division is located;
- age 21-65 years;
- regular income, at least 1 year experience (in some cases, from 2 years);
- 2 valid phone numbers (one for work and one for mobile);
- documents - application form, passport, SNILS, a certificate of marital status, a document certifying employment and solvency.
How is a mortgage issued in Sberbank
Loan program | Amount | Term | Rate | An initial fee |
New building | up to 30 000 000 rubles | up to 30 years | from 7.30% per annum | from 10% |
Finished housing | up to 30 000 000 rubles | up to 30 years | from 8.80% per annum | from 10% |
Mortgage for families with children (state support) | up to 12 million rubles | up to 30 years | from 5% per annum | from 20% |
Home construction | up to 30 000 000 rubles | up to 30 years | from 10% per annum | from 25% |
Non-target | up to 10,000,000 rubles | up to 20 years | from 11.60% per annum | - |
country estate | up to 30 000 000 rubles | up to 30 years | 9.50% per annum | from 25% |
Military mortgage | up to 2 502 000 rubles | up to 20 years | 9.20% per annum | from 16.60% |
Product Description
Sberbank mortgage lending is carried out for individuals and legal entities with Russian citizenship, whose age at the time of application exceeds 21 years, at the time of return - no more than 75 years. The borrower must have a total experience of 5 years, and at the last place of work - at least six months. But if you are a payroll client, this condition will not apply. When the amount approved by the bank is not enough, it is allowed to attract co-borrowers (from 1 to 3 people, for a young family this number can reach 6 people).
Their income is also taken into account. To apply for a mortgage, the following documents are presented: application form, passport + one to choose from. Certificates confirming the availability of income and work will also be required. If the loan is secured, you will additionally have to provide documents on the security. A mortgage in Sberbank is given at the place where the borrower or co-borrower is registered, or in the region in which the credited property is located.
The largest loan amount is 30 million rubles. The loan term can be from 20 to 30 years. Down payment varies from 10-25% or more. The rates are different. Mortgage for a young family in Moscow is issued on preferential terms - from 5% per year. If you want to take a mortgage to purchase a new apartment, you should pay from 7.30% every year.
If the borrower needs to get a loan for the construction of a summer house, house, the deposit will be 25% or more, interest - from 9.50% per annum, and the minimum amount of loan funds - 300 thousand rubles. Sberbank allows the client to independently choose the payment date and change it once a year. You can get a mortgage if:
- fill out an application, provide a package of documents to it;
- wait for an answer. The application is considered 2-5 days. If the verdict is approving, the bank will request documents on the property;
- sign all loan documentation;
- pass state registration.
At what percentage can I get a mortgage for an apartment in the Agricultural Bank
Loan program | Amount | Term | Rate | An initial fee |
Mortgage Housing | up to 60 000 000 rubles | up to 30 years | from 9.75% per annum | from 15% |
State support for families with children | 6 000 000-12 000 000 rubles | up to 30 years | from 4.70% per annum | from 20% |
Special offers | up to 20 million rubles | up to 10 years | from 4,50% per annum | from 15% |
Military mortgage | up to 2 700 000 rubles | up to 24 years old | from 9% per annum | from 10% |
Target Mortgage | up to 20 million rubles | up to 30 years | from 10.10% per annum | - |
Young family + mother | up to 60 000 000 rubles | up to 30 years | from 9.75% per annum | from 15% |
Mortgage loan for 2 documents | 4,000,000-8,000,000 rubles | under 25 years old | from 10.90% per annum | from 40-50% |
Product Description
RSHB gives you the opportunity to buy: an apartment, a cottage, a private house, apartments in the city, to purchase land for housing. Each client category (salary, “reliable”, employee of a budget company) has its own lending conditions.
If the goal is to buy an apartment (primary market), and the loan amount does not exceed 3 million rubles, depending on the status, the borrower will have to pay 9.75-10% per year. When it is necessary to issue a mortgage for the purchase of housing (secondary market) over 3 million rubles, the cost will be the same. But in other cases, the interest is different, the bank has a whole tariff scale. This information must be specified on the lender's website.
A mortgage with state support for families with children is provided at 4.70% per annum or more for the purchase of an apartment from a developer or for an object under construction. You can apply for a loan from the couple whose second or third child was born / will be born from January 2018 to December 2022. Like previous lenders, Russian Agricultural Bank grants loans for a maximum of 30 years.
When buying a house in a multi-storey building under a purchase / sale / shared construction agreement, the borrower will be forced to pay 15%. The same applies to the purchase of a townhouse, land. If a bank client needs to apply for a mortgage for a private house with a plot, the down payment will be at least 25%, and the purchase of apartments requires payment of 30% of the deposit. Property insurance is required.
A Russian citizen over the age of 21 becomes a borrower. The upper age limit is 75 years, provided that an older person attracts a co-borrower no older than 65. Registration must be in the territory of the Russian Federation at the place of residence / stay. If the client does not conduct private household plots, his experience cannot be less than six months (from his last place of work) and 12 months (total). The list of documents is standard.
Is it possible to apply for a housing under construction in URALSIB?
Loan program | Amount | Term | Rate | Initial payment |
Finished housing | up to 50 000 000 rubles | up to 30 years | from 9.70% per annum | from 15% |
Purchase of an object at the construction stage | up to 50 000 000 rubles | up to 30 years | from 9.20% per annum | from 10% |
Family mortgage | up to 12 million rubles | up to 30 years | from 5% per annum | from 20% |
Mortgage Holidays | up to 50 000 000 rubles | up to 30 years | from 10.50% per annum | from 20% |
Loan secured by existing real estate | up to 50 000 000 rubles | up to 30 years | from 11.25% per annum | - |
Military mortgage | up to 2 963 000 rubles | up to 20 years | from 10.25% per annum | - |
Loan secured by an apartment for any needs | up to 6,000,000 rubles | up to 15 years | from 11.25% per annum | - |
Product Description
To become the owner of an individual residential building, apartment, you can contact URALSIB. This bank presents to our attention at least 7 mortgage programs, including refinancing. Of course, the conditions of URALSIB partners' clients are more attractive. For housing under construction, he set a rate of 9.20% per year. Getting a loan for real estate that is just under construction is also not difficult, how to get a mortgage for an apartment.
First, you select the necessary object, determine the loan conditions that will suit you. Then you submit an application, the response on which comes in an average of 3 days. Next, you should conclude an agreement with the bank and, ultimately, obtain a certificate of ownership. The borrower is credited for 3-30 years. You can apply for a mortgage in the amount of 300 thousand to 50 million rubles. The final one is determined based on the client’s income level.
The minimum initial payment is from 10%. The most expensive is a loan issued for any purpose on the security of an apartment. You have to pay for it from 11.25% per annum. The family is invited to apply for a mortgage under a special program, which is valid if the spouses have 3 minor children. Then the deposit will be 20% of the price of real estate.
The pledge will be the acquired object. URALSIB also had a mortgage under 2 documents: passport, driver's license (they can be replaced with a passport, SNILS, TIN). The size of the initial deposit will be at least 40%, and for all customers, regardless of category. Such conditions apply to the purchase of a new apartment (primary market).
Requirements for the borrower: Russian citizenship, age within 18-70 years. The experience should exceed 3 months, and the life of the company in which the person works is more than a year. URALSIB also offers to arrange insurance products.
On a note
The most difficult thing is to get a mortgage for private entrepreneurs and people who get paid “in an envelope”. The ideal borrower is considered to be a person with an impeccable credit history, who has enough earnings to fulfill debt obligations, whose financial discipline is easy to evaluate. This is a person of 30-35 years old, having a family, children, higher education and labor activity as a middle manager or specialist.
At the same time, the amount of the loan that he requests from the bank varies in the range of 2-3 million rubles. The amount of own funds intended to be paid as a down payment is about 20-30% of the value of the property. But individual entrepreneurs and people belonging to other categories of clients can also issue a mortgage. Just in their case, you will have to provide the lender with a larger package of documents.
3 best banks where you can get a loan without down payment
Responsible for current loan conditions, text editing and graphic design: Alexander Ovcharenko
To select a mortgage, fill out a free application.
You will immediately receive a list with the best offers of banks. You can pick up
for yourself the best option, and send an application to the bank of interest.
An online application for a mortgage is quite different from an offline application to a particular bank. However, the advantage of such a mortgage is the lack of need to visit the lender. The application is submitted via the Internet.
Online Application Benefits
- Is free: free submission of application
- Conveniently: Large banks in Russia will receive your request
- Time saving: Application is submitted online, no need to go to the bank.
- Profitable terms: A selection of the best offers from banks.
- Fast: within a minute you will get the result.
How to get a mortgage online?
Applying for a mortgage online is now as easy as shelling pears. In this case, you do not need to visit a bank branch. In addition, you can remotely enter into a loan agreement on the best conditions. We suggest you fill out an application and receive a personal offer by mail in just a couple of minutes. To do this, you will need:
- Choose the city of your residence.
- Fill in the fields Name, date of birth, registration address, passport details, mobile phone number and email.
- Read the offer and send the application for consideration.
The selection of proposals will be carried out on the basis of the personal data provided by you and information from your credit history.
What should I look for when choosing a mortgage offer?
To choose for yourself a truly advantageous offer on mortgage lending, it is important to consider many different points:
- The size of the annual interest rate;
- The presence of a down payment;
- The currency in which the mortgage is issued;
- Credit term.
Choosing a profitable banking program is quite realistic if you apply for a mortgage in several banks. It seems that everything is simple - submit and choose the best option. In fact, this method of obtaining a loan is fraught with many pitfalls that are definitely worth considering.
In this article we will consider them, and also describe the services that offer to send applications to several financial organizations, we will analyze whether it is possible to take a second mortgage, paying off the first, what points to look for when choosing a bank.
Why not? After all, the developers themselves offer a similar service. For example, an application for a mortgage in several banks is executed on the website of a major Moscow developer GK PIK. All that is required of a person is to come to their office, and they will do the rest themselves:
- They will select the best mortgage lending program.
- They will provide an approximate calculation of payments.
- They will help you fill out a loan application.
- Send it to partner banks.
- Conduct a transaction in accordance with the selected program.
At the same time, you do not need to pay for the service itself.
Some people still hesitate to submit several applications at the same time. The reason is simple - all applications, approved and unapproved, are recorded in the credit history, and, therefore, may cause suspicion among banks. The chances of getting a loan, in their opinion, are reduced in this case.
Indeed, banks prior to approval of an application request a CI, and it reflects all previous client requests to other financial and credit organizations, including approved but unused applications. But in reality, everything is not so scary:
- applications are stored in CI for only 5 days;
- upon failure, the information does not always have time to reach another bank.
Therefore, an application for a mortgage in all banks is an entirely reasonable and wise idea.
In addition, mortgage brokers will greatly facilitate the submission of documents. The mediation service between the client and the bank is new, but has already become popular with many real estate buyers. It greatly simplifies the paperwork and helps reduce the time for loan approval. Yes, and the banks themselves are more willing to agree to proposals that come precisely from their partners.
What to look for when applying for a mortgage. Preparation of documents
Before applying to the bank online for a mortgage, you need to consider the upcoming additional costs. Expenses of the following kind are supposed:
- Mortgage insurance. This includes property insurance (from 0.15 to 0.3%), life and health (0.39%), ownership of the purchased property (0.21%, only for housing in the secondary market). You need to understand that property insurance is mandatory, it is prescribed in the Federal Law No. 102 of 07.16.1998. The remaining species are voluntary. However, if you refuse them, the bank may raise the interest rate on the loan by 1 or 1.5 points. It can also increase if the client refuses to renew the contract with the insurance company annually.
- Bank commissions. They can be charged for issuing certificates, for examining an application, for processing documents, for removing the burden of a mortgage, and even for crediting payments on a loan. Therefore, all these issues need to be clarified in advance before applying to the bank. Some commissions are prohibited by law, for example, fees for examining an application and for issuing a loan, others, such as a lump sum payment, remain the most common and can make up from 1 to 4% of the loan amount.
- Independent real estate appraisal. It is carried out by the client himself, you will have to pay about 4000 rubles for the procedure.
Today, applications can be submitted both in the office and in the personal account of the bank’s Internet portal. The procedure is simple: an online application is filled out and sent to the bank manager. Then the bank specialist contacts the potential client and discusses the conditions for further interaction. The necessary package of documents is transmitted electronically without leaving home. From documents usually require:
- a copy of the work book certified by the employer;
- all scanned pages of the passport;
- income statement (on a bank form, or 2-NDFL).
When choosing a suitable bank, you will need to focus on three parameters: down payment, rate, monthly payment. Let's consider in more detail:
- amount of the starting payment. It is more reasonable for those clients who can pay half or more of the value of the acquired property to prefer programs with a preferential interest rate. If there is not much money, then the best option would be a mortgage program with additional collateral, which can be another house or apartment, car.
- interest rate. Well, everything is clear here - the lower the rate, the better. Some banks are willing to reduce by several points the percentage for certain categories of customers, for example, those who receive a salary on their card.
- Monthly payment. It should not be higher than 40% of the income that the borrower receives. If the income is small, then it would be wiser to increase the loan term.
In addition, you need to make sure that the borrower meets the requirements of the bank regarding age, length of service, registration and others.
Can I take a second mortgage? Practice
Take a second mortgage? What for? With the first would pay! So many say, in fact there are people who take not only the second, but also the third and even fifth mortgages. Recently, the story of the blogger Svetlana Shishkova appeared on the network. Over the course of 6 years, she and her husband took 4 mortgages, three of which they successfully repaid and, in the long term, getting fifth. Now they own two apartments in Moscow and in the suburbs and know all the nuances of the procedure and how to take a second mortgage without paying off the first.
Therefore, the answer to the question "is it possible to take a second mortgage?" - unequivocally affirmative, banks provide this opportunity, however, not all. The larger the entry fee (at least 15%), the more offers from financial institutions and the chances of approval of the application
People take out a loan in different ways:
- pay off the initial debt ahead of schedule, then take a new one;
- leave the old and take a new one;
- sometimes future borrowers, not having a sufficient amount for the down payment, before taking a second mortgage, offer the bank a mortgage apartment, the loan on which is 90% repaid. Despite the attractiveness of such an offer, not many banks agree to this, considering the transaction risky;
- then the last option remains: borrowers sell an apartment that is not free from collateral and pay off the debt with this money, and use the remaining funds as a down payment when buying a second apartment. This option is also reluctantly considered by bankers and the failure rate is high. And even if the decision is in the affirmative, they may request 1% of the remaining outstanding loan.
When deciding whether or not to grant a second mortgage to a client, banks apply three criteria to it:
- size and stability of income - it should be 2 times more than monthly mortgage payments;
- good credit history;
- good quality characteristics of mortgage real estate.
It’s more convenient to take a second loan where the first one is issued.
Different banks have different loan conditions. For example, you can take a second mortgage in Sberbank with the involvement of maternity capital as a down payment.
Many military are interested in the question of whether it is possible to take a mortgage a second time. The law does not limit the number of participation in the military mortgage program. However, before applying, the borrower will need to pay the loan for the first apartment. This can be done either with your own accumulated funds or with money from a sold apartment.
Universal application for a mortgage in several banks
A lot of intermediaries between the financial institution and the borrower appeared on the mortgage market. They create Internet services on which an online application for a mortgage to all banks is processed quickly and without problems. Consider the most popular of them.
Tinkoff Bank as a universal mortgage aggregator. Pros and cons
Users can get approval from several banks and choose the most optimal conditions for themselves. Mortgage Services from Tinkoff Bank. The loan recipient simply leaves an online application on the site, and the rest of the procedures fall on the shoulders of his personal manager, who is immediately attached to him. Step by step it looks like this:
- An application is filled out.
- The service transfers it to several partner banks.
- The client chooses a suitable housing - an apartment, a room, apartments, a country house, a garage or another.
- The borrower compares conditions from different banks and selects the suitable one.
- At the final stage, he meets with a representative of the partner bank and concludes a deal.
Insurance issues, valuation is decided by the manager. Another significant advantage is that Tinkoff Bank helps to reduce interest from its partners. And all this is completely free. So, at least, the bank itself describes the service.
The Tinkoff portal displays feedback on the operation of the service from the Banki.ru website. Even a quick look at them can make sure that many are satisfied with the service. There are also negative reviews, but they are much smaller. Here is what they write:
pros | Minuses |
Feedback from user Kortaf Liked:
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Did not like:
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Broker-spb Long thought how to take a second apartment on a mortgage. Tinkoff helped a lot. Tangible help during registration and a full package of services without leaving home. The bank employee himself came for the originals. |
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Msi.inc I liked the excellent service, additionally reduced interest rate, competent and professional managers. |
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Dolmatov89 He appreciated the efficiency in resolving the issue, the professionalism of managers and the reduced interest rate. |
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Ritmo
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Blitz51 I did not like the incompetence of employees, the fraud, the payment schedule sent turned out to be an error of 600 thousand rubles, one or another documents were constantly needed. Employees inattentively read the data of the questionnaire, and as a result, after a long red tape, the application was not approved. |
As you can see, most users are still satisfied with the service and are ready to recommend it to friends and relatives.
Service DomKlik Sberbank of Russia with discounts on new buildings. Pros and cons
DomKlik helps to acquire real estate in a mortgage. Working with the service is very simple:
- On the home page House click pre-calculate the loan and choose the conditions that are acceptable for yourself: the type of real estate, its price, the amount of the down payment, loan term.
- We create a personal account. In it you can edit the previously entered conditions.
- Fill out an application, upload documents and send. An application is usually considered within 2 days, but can be approved on the day the application is sent.
- After the approval of the application is received, the borrower has 90 days to choose a house and collect all the documents. By the way, Sberbank is holding an action: when purchasing an apartment in new buildings accredited by the bank, the borrower is provided with special conditions, one of which is a low interest rate - from 7.4%.
- Documents are downloaded in your account, and they immediately go to the bank for verification. Within 5 days, a bank decision will be presented.
- The borrower selects the date and time for signing documents.
- In order to become an owner of real estate, a transaction must be registered at the Rosreestr. It will take 3 to 9 days.
In your account, you can order a call back and send a message to the operator.
Mortgages - the most difficult type of lending, which involves high costs and time. If you decide to take a mortgage in Moscow, you should carefully consider the choice of offers from one of the banks in the capital. I will choose. Ru selected the most profitable mortgage lending programs and put it on one page so that you can evaluate them without wasting time looking for and visiting bank branches.
Alternatively, you can apply for a mortgage online. Many banks in Moscow have long been offering their customers the opportunity to apply for a loan through the Internet. This greatly simplifies the process of obtaining a mortgage: you can get preliminary approval of the loan while collecting the necessary documents.
To apply for a mortgage online, look at the offers presented on the page and evaluate their benefits. For you, we indicated the minimum loan amount, term and rate, and also listed the benefits of each program.
Before deciding, calculate your payout schedule using our mortgage calculator. Click on the button “Detailed calculation”. On the page that opens, in the appropriate fields, enter the amount you need and the loan term. In accordance with the terms of the loan, the system will calculate a payment schedule for you, which will indicate the amount of monthly installments, divided by the main debt and the amount of accrued interest.
To apply for a mortgage, click on the "Submit Application" button in the product card. You will be redirected to the page with the form to fill out. You will need to enter the following data:
- Personal data, passport details,
- Information about employment - name of organization and TIN,
- Amount of income
- Credit history information,
- Parameters of the desired mortgage - loan size and term.
An application for an online mortgage is a basis for a preliminary decision of a bank on a mortgage. Before sending an application, be sure to satisfy the conditions that the bank makes to the borrower. You must correspond by age, registration, income level, length of service, etc. All these requirements are set forth in the card of each product at Vyboru.ru. The application will be rejected in case of non-compliance.
The completed application will be sent to the bank for consideration. An employee of the organization will contact you within 1-7 days to clarify the information, report the result of the transaction and, if you have received approval, discuss the details of the loan and the further outline of your actions.
What is an online mortgage application?
An online mortgage application is an online version of a standard mortgage application at a bank. You can fill it out at home or at work, from a computer or mobile device, carefully reading the loan conditions and calmly thinking it over. Online applications, as a rule, are processed faster than in bank branches.
How to file an online mortgage application?
Having chosen a profitable loan for Vybera.ru, you can proceed to the application by clicking the “Details” button in the product card. You will be taken to the page for applying. There you will need to enter the amount, term and down payment of the mortgage you are interested in, as well as your personal and passport data and contacts for communication. You must also consent to the processing of data.
What is the peculiarity of the online application?
Efficiency of filing and decision making are the main features of the online application. You can not tear yourself away from important matters: you can find a mortgage at Vyberu.ru, and apply for it immediately on the bank's website. This will save time and effort that you could spend in the bank branch. In addition, no one forbids you to change your mind - you can refuse a loan if you are no longer satisfied with the conditions or you find a better offer.
Which bank can I apply for a mortgage?
The development of Internet technologies is forcing banks to move on, and more and more lending institutions are offering their customers the opportunity to get a mortgage online, bypassing the queue. However, finding a truly profitable loan is still difficult. This will help Vyberu.ru. By selecting the checkbox “Opportunity for online application” on the left side of the screen, you will receive a complete list of mortgage products that you can apply for online.
Can I apply immediately to all banks?
You can. This will increase the chances of approving the application - if one credit institution refuses you, it is likely that they will approve another. To do this, go through the list and fill out a questionnaire for each proposal. If you approve a mortgage in several banks at once, you can refuse those banks in which the conditions, in your opinion, are less favorable.
An online application for is a questionnaire that can be completed on the bank's website and sent via the Internet. Bank managers will process information from the application, check the credit history of the client, and then issue a verdict. The decision of the bank is communicated within a few days. Bank employees can call, write an e-mail or send an SMS message.
The necessary documents are submitted to the bank after sending a loan application and receiving a response from. You can apply for a mortgage online if you leave the following data:
- information from the passport: name, registration, series and passport number.
- sNILS number.
- information on marital status and family composition.
- applicant’s income and source of income.
- real estate information.
- the amount that the client wants to take, and the planned amount of the down payment.
Banks are reluctant to issue loans.
You can leave a request for a mortgage not in one bank, but in several at once. So the chances of getting a loan will increase. Before applying, we recommend that you calculate the payments using the loan calculator. You need to enter data on the loan amount, term and additional parameters. The calculator will show the amount of monthly installments and overpayment for a loan.