At what interest rates are now given mortgages. Where is the lowest mortgage interest

Not everyone can buy a home right away. In this case, you can use a mortgage. Each bank offers its own conditions and interest rates... The state supports mortgages, and there are special programs to facilitate payment. But in order to find out where it is better to take a mortgage, you need to familiarize yourself with the offers of various banks.

The term of the mortgage is different for each bank. This must be found out immediately, before signing the contract. Usually the mortgage is taken for 10-20 years. For each borrower is calculated monthly payment... You can make it large sums, which allows you to save on interest.

Profitable loans

One type of mortgage works in Russia - with a down payment. Without it, it was possible to obtain a mortgage only before the economic crisis of 2008-2011. Now this type of loan is not practiced due to insufficient reliability. But banks giving are very popular. After all, not all families have a large sum at once.

But even now you can find financial institutions that provide mortgages without a down payment, but only the percentage will be slightly higher. Sometimes a bond is required in the form of existing housing. There may be other conditions as well.

Providing collateral

The ideal option is to purchase a second home when you already have some real estate. In this case, banks provide mortgages, but not for the entire amount, but for 80%. For example, if the cost of an apartment is 10 million, 8 million will be provided.

You can borrow real estate thanks to 2 loans. Only for the initial payment, funds should be taken from another bank. In any case, each program will have its own conditions. As collateral, it is usually required to provide other real estate, a car. The bank needs this to guarantee if the borrower for some reason cannot pay the mortgage.

Consumer loan

If you are interested in a mortgage, which bank is it better to take? It is advisable to contact reputable Russian institutions. There is another option - getting consumer credit... In this case, a deposit in the form of housing is not provided. Banks issue amounts of 300-500 thousand rubles, which will not be enough to purchase an apartment even in a small town. But such a loan is suitable for buying real estate in the village.

Today there are many programs, but only two are considered the most effective - "Young Family" and maternity capital. Benefits are offered to borrowers to facilitate payments.

Young Family Program

Where to get a mortgage for a young family? You should contact banks that work with a special program "Young Family". It provides borrowers with a subsidy, only spouses must be under 35 years old. The conditions include living in the region of residence for more than 10 years. But even if you participate in the subsidized program, you need to pay a mortgage fee of about 20% of the value of the property.

Profitable ones based on the Young Family program are provided by Sberbank. The overpayment is 11-12% per annum, and the first installment is about 12% of the amount. To participate in the program, you must prepare the following documents:

• parents' passports;
• birth certificates of children;
• marriage or divorce certificate;
• income statements;
• extract from the house book;
• photocopies of the personal account;
• a document on the examination of the living conditions of the family;
• the act on the emergency condition of housing;
• a document confirming the presence or absence of property.

This is only a basic list of documents, but the bank may require something else. Everything is governed by the rules of the institution.

Borrower requirements

Mortgages in Moscow and other cities of Russia are issued only with borrowers who meet the following requirements:

• age - over 23 years old and under 65 years old;
• permanent place of work for more than 6 months;
• the land on which the housing will be built must be the property of the borrower.

There may also be other conditions for the provision of a mortgage. It is advisable to take it from large, trusted financial institutions. Among the best institutions are Sberbank and VTB, which are provided on favorable terms. If you need a small loan, it is better to contact Rosselkhozbank.

Where is it better to take a mortgage in order to arrange it under favorable interest? In this case, you can purchase a share in the apartment. Then the limitation will be age, length of service, place of work. It is advisable to choose a large bank. It is more profitable to take a mortgage at 13-15% per annum. But many institutions offer loans at 23%, it all depends on the conditions. Some banks require a guarantor. It can be a loved one or a close person.

What affects the percentage

Mortgages in Moscow and other cities of Russia are provided at interest. Only in one institution can it be small, and in another - high. It is imperative to pay attention to the terms of the contract, since the interest rate depends on it.

The benefits of a loan are influenced by various requirements, such as insurance. A significant amount will be added to the loan for this service. But the borrower can refuse insurance within 14 days, it all depends on his desire.

To determine the payment of the mortgage, the annuity form of payments is used, which increases the interest rate. But many believe that such a settlement system is the optimal spend family budget... The longer the term of the mortgage, the lower the monthly payments.

How to get a loan at a low interest rate

Where is it better to get a mortgage to take advantage of the low interest rate? Such loans are offered in various banks, the following requirements must only be met:

• positive credit history;
• stable and well-paid job;
• providing a large amount of documentation;
• the possibility of providing a down payment.

The interest is calculated depending on the loan term and the amount of the first installment. The lowest interest rates are provided in large banks... Smaller institutions usually suffer from instability, so they will have large overpayments.

Many banks offer to clients individual conditions mortgages. If a loan was once issued, then more profitable terms... Banks are ready to issue mortgages only to verified clients at acceptable interest rates.

Best Russian banks

Before deciding where to get a mortgage, you should familiarize yourself with the terms of several banks. For each person, the concept of benefit depends on many factors. Some people want to quickly pay off a loan so as not to overpay a lot. Others will benefit from a small monthly payment.

Sberbank offers mortgages at 14.5%, but you will need to pay an initial payment of 50%. It will take 10 years to repay the loan. If you do not provide a certificate of income, the rate rises to 15%. If you pay an initial payment of 30%, then the overpayment will be 15.5%.

Interest increases in the following situations:

• if the contract is not signed within a month after the confirmation of the mortgage;
• upon cancellation of life and health insurance.

Sberbank has a Young Family program. The initial payment is reduced to 10%, and upon the birth of a child, the payment of the remainder of the debt is suspended for 3 years. You can use maternity capital to repay the loan.

VTB is a bank in which mortgages are provided according to its own method of assigning interest, which makes it possible to consider its offer as acceptable. The overpayment is 15.25%. The percentage increases only when health and life insurance is canceled.

A mortgage can be obtained at Alfa Bank. Here the client must pay an initial installment of 50%, and then the loan is provided for up to 10 years. The percentage will be 20%. If the first payment is 30%, then the mortgage period is extended to 25 years. The overpayment on the loan will be 21.1% per year.

Maternal capital

Until 2009, the initial contribution could be made using maternity capital... To use the funds, it was not required to wait until 3 years have passed since the birth of the second child.

The certificate should be sent to the bank upon receipt. Capital is transferred Pension fund after re-registration of housing to the owner. Additionally, you need to provide an application form, certificate, certificate of pension insurance.

Benefits of a mortgage

Before applying for a mortgage, you should find out about all the pros and cons of the solution. This will avoid many complications in the future. Specialists highlight the following advantages of a mortgage:

• real estate becomes the property of the borrower, who can purchase a residence permit there, as well as register his family;
• in 2016, the conditions began to operate under which the borrower has the opportunity to repay the debt early without fines and interest;
• the amount of the payment is similar to the payment for renting a house, but the borrower becomes the owner;
• you can use a profitable program, a social project.

According to experts, a loan for the purchase of a home in economic crisis profitable, because at this time banks provide customers with the best conditions. There are also disadvantages to mortgages. An initial payment is required - 10-20% of the amount. The contract is concluded for a long period, which psychologically burdens the borrower. If you choose the right program, the mortgage will be a profitable investment.

How to choose the right mortgage for 2019? Take advantage of our tips and find your perfect home and new home mortgage!

The most profitable mortgage in 2019 for secondary housing and new buildings: affordable mortgages from the best banks in the country

The problem of own housing, unfortunately, was, is and will be relevant. Not every average resident of our country has the opportunity to purchase the desired property with their own funds, and the only way out in such a situation may be a profitable one mortgage... Surely you have already noted for yourself a huge number of mortgage offers from different banks.

But where is it more profitable to take a mortgage in 2019? Let's try to figure it out below. Read the post to the end, and you will find out which one is profitable mortgage for secondary housing and new buildings are now in banks.

What should the borrower pay attention to first of all?

Choose the most profitable option for you mortgage offers can be made by analyzing all offers on the market. We recommend that you study all the conditions in detail, since a superficial consideration of proposals can be fraught with the fact that you miss important details from view, and later they turn into unpleasant surprises for you.

The cheapest mortgage consists of the following aspects:

Mortgage lending currency

Many private banks attract clients for mortgage loans with a lower interest rate on foreign exchange mortgage... The offer is certainly profitable, but very contradictory. Taking a mortgage in 2019 in foreign currency is a big risk.

Firstly, the unstable economic situation of our country may in the future turn into devaluable national currency... This is unlikely to happen in the next 5-7 years, but mortgages are often taken for 20-30 years. How our currency will feel in the same 15 years, even the most professional expert cannot say. If the depreciation of rubles nevertheless occurs, then you will not gain anything from the foreign exchange mortgage, but only on the contrary, you will gain headaches.

Secondly, the foreign exchange rate has always been floating. You probably know how the dollar jumped over the past 3 years and reached a record in its value. And this will already be directly related to your payments on the foreign exchange mortgage. Take a calculator and try to calculate how your payments will change if the exchange rate changes.

Advice:experts recommend getting a mortgage in the currency in which you have the main stable income. If you receive a salary in rubles and want to get a loan in dollars, then we advise you to abandon this risky idea.

Down payment amount

Making a down payment on a mortgage is almost a prerequisite for lending; taking a mortgage in 2018/19 will not work without this. A rare bank does not require potential borrowers making at least a small part own funds... If a financial institution does not require an initial payment, which means she will recoup for this with an increased interest rate or some other unfavorable for the client, but favorable conditions for herself.

In most cases, the bank sets the size of the down payment in the range of 10% to 30%. In fact, it is not a small amount. But this gives the bank some guarantee that you are a reliable client and that you can be given a large amount of credit.

If you are still trying to find offers with or without a 5% down payment, then grab a calculator and think that your own deposit will be beneficial for you in the first place. You still have to return the amount of the down payment to the bank, only it will also be burdened with interest.

How a mortgage is issued without a down payment is described in detail in the article:

Interest rate

The mortgage interest rate is your overpayment for the loan the bank gives you. This is a very important parameter for a profitable mortgage, but not fundamental. But the majority of borrowers pay attention to it in the first place and do not even pick up the p calculator.

Advertisements are full of promises of low interest rates. The average size in Russia by specialists is determined at 12.7%. If you have found a loan with mortgage rate 5% or 7%, which means it's time to carefully read the terms and conditions. In fact, it may turn out that such low rate is provided, for example, on the following conditions: the amount of the initial payment is 50%, the loan term is 5 years, etc.

It is important to understand that the bank is primarily interested in its own profit, so it is absolutely not profitable for it to issue a mortgage at such a low rate without any burdening conditions. This complicates the task of where to get a really economical loan. Always use a calculator to calculate.

Availability of insurance and the amount of payments for them

The legislation of the Russian Federation has established a prerequisite for obtaining a mortgage loan - apartment insurance. All other types of insurance can be issued at the request of the client.

• Please note that the client's consent to life insurance can directly affect the mortgage interest rate.
• The bank is interested in being as confident as possible in its client. With life or health insurance of the latter, the bank will not lose anything in the event of unforeseen situations.
• Use a calculator and analyze how the mortgage will be most beneficial for you and whether you will benefit from agreeing to any types of insurance, and if not, then you will end up with them.

The presence of any commissions and their size

Most mortgage borrowers believe that it is enough to save up for a down payment and a loan in their pocket. But in reality, you should be prepared for other expenses, since most banks oblige their clients to pay some commissions, which can directly affect the size of the loan rate and the amount of overpayment.

• The first commission you will surely face is the commission for providing you mortgage loan... Depending on the features of the loan program, this commission can range from 1% to 4% of the amount of the loan received. To choose a more profitable mortgage loan, you should analyze the mortgage overpayment with this commission and choose the most economical option.
• Be prepared to spend on commissions for opening a credit account and transferring money to the seller.
• On the secondary housing there may be a commission for renting a safe deposit box.

Useful advice: to secure your budget from unexpected large expenses, read carefully mortgage agreement before signing it.

Possibility and conditions of early loan repayment

Long-term loans psychologically put pressure on the bank's clients, so it is not surprising that they are trying with all their might to repay the mortgage ahead of schedule, because it is scary to think about how many years it is taken and what the overpayment of loans will be.

Very often this is not profitable for the bank, since the overpayment on the loan received by it can be very small. In this regard, he either does not provide the client with the option of early repayment at all, or enters for this transaction high percent commission.

If the agreement states that the bank does not object to the advantageous early repayment of the loan for you and, moreover, offers to do this in one of the most convenient ways for you (deposit the entire remaining amount on the debt or only a part) without commissions and overpayments, then such a transaction can be said, what is it profitable option and in it you can safely take a mortgage.

Consider this: at first I pay what I need, and then I save up for

Based on all the above parameters, an ideal profitable mortgage looks like this:

• lending currency - ruble;
• down payment percentage - 10-15%;
• availability of preferences for mortgages;
• interest rate on a mortgage loan - 10-12%;
• compulsory types of insurance - only constructive insurance (there are no others);
• commissions for registration of a mortgage - no;
• the possibility of early repayment of the loan - provided, there is no overpayment.

Use these tips and find your ideal mortgage.

Where is the most profitable to get a mortgage

Available mortgages from the best banks in the country are presented below. From these tables you will find out which bank has a profitable mortgage, and which one does not for secondary housing and new buildings.

Resale

New building

Now you know profitable offer from banks:

• The minimum mortgage at the moment in Gazprombank in terms of interest for clients of the "street" category, but do not forget about other aspects the right choice mortgage product. Interest is not always the key factor.
• The minimum amount of a mortgage in the Russian Agricultural Bank.

Preferential mortgage in 2019

Preferential mortgages, that is, provided to the most vulnerable segments of the population (single mothers, families with many children etc.), as well as military personnel. Its essence is that part of the beneficiary's credit obligations is assumed by the state, but it is not always cheaper than the usual one.

At the moment there are such mortgage programs, which allow you to get mortgage loans on more favorable terms: - government support for socially significant professions.

How to choose the right mortgage

A well-chosen mortgage offer will save you headaches and save a lot of money. But how is it profitable to take out a mortgage? Rely on the following tips, and the most profitable mortgage in your pocket:

1. Select the type of real estate (for example, you bought a private house, a new building, get a mortgage for a secondary home, etc.).
2. Assess your chances of participating in special programs support from the state.
3. Study offers from various leading public and private banks in our country in order to identify more favorable conditions.

Perhaps you are still thinking which is more profitable: rent an apartment or take out a mortgage? Of course, the second. Saving on mortgages seemed like a play on words. This is partly the way it is. It will cost you less to buy a mortgage if you know the secrets. We have collected the most useful tips for you:

1. Choose a differentiated system of monthly mortgage payments, if the bank provides such an opportunity. So you can pay off the remaining amount of debt and also interest. As a result, the amount of the total overpayment will be significantly reduced. Ask the bank employees for all the information.
2. Insure yourself. Banks are interested in attracting customers to insurance with them, but this is always not a cheap pleasure. It will come out almost 2 times more expensive than insurance from other agents. The difficulty is that a particular bank can cooperate with a narrow circle of insurance companies. You need to figure it out and another insurance Company will draw up a document for you in a couple of days.
3. If possible, repay the loan ahead of schedule. Needless to say, the overpayment in this case will be the less, the sooner you deposit the entire amount of the loan.
4. Checkout tax deduction and the return of interest on the mortgage. Every citizen of the Russian Federation has the right to do this once in a lifetime.
5. Rent out an apartment with a mortgage. In this case, you will even make a profit from a home with a mortgage.

So, now you know how to choose the most profitable mortgage lending option, and we are ready to help you arrange a loan to purchase real estate, because we know what it is profitable mortgage.

Deciding to take out a mortgage is one of those decisions that can affect your entire life. Positively or negatively - it all depends on how balanced and thoughtful your decision will be, as to how convenient it will be for you to make monthly loan payments. Therefore, it is recommended to always look for a low interest on a mortgage, without lowering the quality of the services provided by the lender. But how can this be done correctly with such a variety of offers in the primary and secondary credit markets? Read about this further in our review.

Where to get a low interest mortgage

So you've made the decision to take out a mortgage. Now you have to choose the bank with the most profitable financial terms and the lowest interest rate on the loan. Absolutely all borrowers are looking for such conditions, because no one wants to overpay in vain. But here it should be borne in mind that banks can often reduce the quality of services provided so as not to run at a loss. Also, banks can deliberately provide real estate with obviously the worst housing conditionsthan those available in standard offers at a higher interest rate. Therefore, try to borrow only from reliable trusted lenders to avoid the risk of being defrauded by a large amount.

In case a low mortgage interest rate is your priority, consider all current Russian mortgage programs.

Which bank has the lowest mortgage interest in 2018

Let's get acquainted with the list of promising Russian banks, where mortgage interest rates are the lowest, thanks to their current offers and development strategies for 2018:

• Gazprombank: “Mortgage in a house under construction (Gazprombank Invest);
• Tinkoff Bank: mortgage mediation;
• Raiffeisen Bank: "Apartment in a new building";
• DeltaCredit: "Apartment or Share";
• VTB Bank of Moscow: New Buildings;
• Moskovsky Credit Bank: "Credit for one document".

It is with these banks that it is recommended to cooperate on mortgage financing of the population in 2018. True, it is important to remember that the bank may refuse due to poor credit history from the borrower, therefore it is recommended to check debts in banks beforehand. All about how to do it

The lowest interest rate on mortgages in 2018 for secondary housing

If for some reason the conditions offered on the primary real estate market are not suitable for you, then you can always use the services of the secondary market. In this market, the boundaries of minimum-maximum interest rates are wider and the price of housing is lower. A mortgage for the secondary housing at the lowest interest can be purchased now in the following banks:

• DeltaCredit: from 10.75%;
• Tinkoff Bank: from 10.75%;
• Slavia: from 10.75%;
• RaiffeisenBank: from 11.5%;
• Gazprombank: from 11.5%.

The conditions offered by these banks differ from each other and may change frequently, therefore it is recommended to separately consult with the bank's employees on your specific case. However, your visit to the bank will be much more effective if you make it after consulting a realtor.

Where to get a mortgage at a low interest rate without a down payment

IN last years the number of financial institutions providing loans for the purchase of housing without a down payment has decreased significantly. All banks that are significant for the Russian economy have completely refused to provide loans for housing without the borrower paying an initial payment. Today, only small financial institutions offer mortgage loans without a down payment. However, they do it on conditions that are disadvantageous to the borrower.

However, there is still a way to do this on fairly favorable terms. In order to take a mortgage without a down payment, you must be a member of one of the following preferential social groups:

• Employees of budgetary organizations;
• Military personnel;
• Russian Railways employees;
• Large families;
• For young families.

The most profitable social group for a real estate loan for preferential terms is just the last one. Let's consider it in more detail, since it is the most accessible for the population of the Russian Federation.

Mortgage for a young family

If you are going to start a family or have already started one and you are not yet 35 years old, then you fall under the conditions of the social state preferential program... In this case, you can take out a mortgage at a low interest rate and with much more favorable conditions, designed exclusively for young families. Today it is the most demanded and most profitable loan option for the purchase of real estate. Under its terms, the bank can pay you from 35% to 40% of the total cost of the purchased housing. Also, under the terms of the state social program, you will be able to take "credit holidays" in case of the birth of children or loss of the main source of income by the head of the family.

The economic situation in recent decades is poor. Due to the lack of well-paid jobs, many families are unable to purchase their own housing. Some decide to save up for an apartment for years, meanwhile renting a house, while others turn to the bank for help. How profitable to take out a mortgage? First of all, you should study the offers of popular financial institutions.

What is mortgage

Many construction firms today cooperate with commercial banks and other popular financial institutions. This interaction is beneficial for both parties. Housing on credit is an opportunity to conclude a deal for both the developer and the bank. The client himself wins, who, not having large sum, can move into housing purchased on a loan.

Mortgage is the main condition for this is the registration of real estate, which is acquired under a contract, on security. it additional insurance for all parties to the transaction. If the client cannot repay the loan for a number of reasons, the house goes into the ownership of the bank. As a result, no one owes anyone. What is more profitable, taking out a mortgage or a loan? The latter option is more acceptable when it comes to purchasing an apartment or house.

What nuances you need to know

Any loan is debentures... Therefore, before concluding an agreement with financial institution, it's worth examining its terms. First of all, you should pay attention to the interest rate, study the issue of the presence of hidden commissions. These indicators will primarily affect the amount of overpayment on the loan. What mortgage is more profitable to take? It is worth paying attention to those proposals that suggest the possibility early return debt without penalties.

Particular attention should be paid to the choice of the bank with which the transaction will subsequently be concluded. It is beneficial to take out a mortgage for a young family at Sberbank. The conditions will be described below. In general, it is undesirable to enter into an agreement with a financial institution that has been on the market for less than 5 years.

Another important point to pay attention to is total income families. It will not be possible to take out a secured loan if the alleged minimum payment under the contract will exceed 40% of this indicator.

Sberbank

This financial institution is today a leader in mortgage lending... Under the terms of the bank, you can purchase real estate, as in finished house, and at the stage of development. How profitable to take out a mortgage? It is worth paying attention to the proposals with state support... On the positive side, the transaction is in rubles. Therefore, the overpayment on the loan will not be tied to the foreign exchange rate.

Any citizen of Russia who has reached the age of 21 can become a client of the bank. The contract can be concluded for a period of 1 to 30 years. It should be borne in mind that the longer the client owes the bank, the greater the final overpayment will be. At the same time, with a short loan term, the minimum monthly payment will be higher. The annual interest rate on the loan is 11.4%. A prerequisite is an initial payment of at least 20% of the total value of the property. How is it profitable to take out a mortgage from Sberbank? Increase the amount of your advance payment!

Tinkoff Bank

Those who are interested in which mortgage is more profitable to take should pay attention to the offer of this financial institution. The fact is that Tinkoff Bank offers an annual interest rate of 10.5% on the loan. The loan term is the same as in the previous case - 30 years. There are no hidden fees. An adult client can conclude a deal for the purchase of housing not only on the primary, but also on secondary market.

Tinkoff Bank has convenient online support. Everyone can register their data at home and send an application for a loan. If the financial institution approves the request, it remains only to collect the necessary package of documents and go to the nearest bank office to sign the agreement. In addition, the official website has a convenient credit calculator, allowing you to calculate in advance how it is profitable to take a mortgage.

"Opening"

The financial institution is relatively young. Despite this, the number of clients is only increasing due to favorable lending terms. The overpayment under the contract will directly depend on the initial payment. What mortgage is more profitable for a young family? The most attractive are deals related to apartments in new buildings. The financial institution offers a rate of 11.3%. The advance payment must be at least 20%. The cost of housing cannot exceed 8 million rubles.

Those who want to buy an apartment on the secondary market will be able to conclude an agreement with a rate of 12.75%. In this case, the initial payment should already be at the level of 30%. The maximum loan term is 30 years. Maternity capital can be used as a down payment.

"Trans Capital Bank"

If you study the question of whether the opinions of Muscovites show that the most attractive conditions are offered by Trans Capital Bank. Everyone can buy property in residential complex "Uspensky Kvartal" only at 8% per annum. The only negative is the short term of the loan. A mortgage can be issued for as little as 8 years. Such an offer will be convenient for people with high wages.

Trans Capital Bank offers to purchase real estate in the secondary market at 11.9% per annum. Loan term - 25 years. Maximum amount transactions - 20 million rubles. An initial fee must not be less than 20% of the mortgage value of the property. Reviews show that at any stage it is possible early repayment debt without penalties.

The financial institution provides for the use of maternity capital as a down payment. In this case, the advance payment must be made within 3 months from the date of the transaction.

"Promsvyazbank"

This financial institution today offers the most favorable lending conditions, according to reviews. To conclude a deal, the client must provide data on the official place of work, the period of stay at which cannot be less than 4 months. How profitable to take a mortgage for an apartment? All you need to do is apply to the nearest bank branch with a passport of a citizen of the Russian Federation, as well as an identification code. The lowest rate (5.99%) will be offered to those who want to purchase housing in a new building. A prerequisite is the age of the borrower at the time of the conclusion of the agreement 21 years. Such a low interest rate is offered only to those customers who have been serviced by Promsvyazbank for more than a year.

Clients who apply for help to a financial institution for the first time will be offered a rate of 11.4% per annum, subject to the purchase of an apartment in the primary market and 12%, subject to the purchase of housing in the secondary market. The maximum loan term is 25 years.

"Rosselkhoz Bank"

Conditions of this credit institution cannot be called the most profitable. At the same time, the bank ranks fourth in terms of reliability, according to data provided by the Central Bank. The mortgage rate depends on the advance payment made by the client. So when paying more than 50% of the original value of the property annual percentage will be at 11.5. The minimum advance payment under the terms of the bank is 10%. Wherein annual rate will be at the level of 12.9%. The maximum loan term is 30 years. The deal can be concluded at total amount 20 million rubles.

How profitable to take out a mortgage? Reviews show that, in addition to paying an impressive advance, you will also need to confirm your income. The bank carefully evaluates the clients' solvency. A financial institution can consider an application for registration of a mortgage transaction up to 5 business days.

Where and how it is profitable to get a mortgage: step by step instructions

Those who decide to purchase housing on credit will have to act according to the following scenario:

1. Study the offers of popular financial institutions, choose the most suitable option.
2. Send a preliminary online request to the selected bank.
3. If the answer is yes, collect the required package of documents. The obligatory ones include: a passport of a citizen of the Russian Federation, an identification code, a military ID, if any, (having children), a certificate of income for the last 6 months.
4. Come with a package of documents at the appointed time to the bank and conclude a mortgage agreement.

In addition, the financial institution will require documents relating to the property that is a pledge. In addition, the bank may request information about the income of other family members. The higher the more likely it is that the bank will give a positive answer.

Mortgages can be beneficial for those who are confident in the future. In the absence of stability, it is not worth concluding an agreement with a financial institution.

In an unstable economic situation, not everyone can buy their own home. In this case, some of us resort to not entirely successful options - it is very expensive to rent an apartment today. And as a result, such a decision will only temporarily correct the situation. If you are able to pay for the rented property, it makes sense to think about taking a loan to buy a home in Moscow. Now many banks offer quite favorable conditions for real estate loans.

Standard lending programs

You have decided to get a mortgage loan for real estate: evaluate your own strengths, first of all. Although existing programs offer very favorable conditions, you need to pay every month. Plus, you need to plan additional expenses at the initial stage - a standard transaction involves notarization, insurance, commission. All this will need to be paid on the day of the transaction. Further expenses will include only the monthly installment. Interest on mortgages in Moscow banks can be different, in fact, their value determines the total cost of the mortgage. Therefore, before making a decision in favor of a particular bank, you should carefully study the existing proposals. In general, there are several important aspects that need to be emphasized:

• mortgage rates at the bank;
• reputation of a financial and credit institution;
• the amount of the contribution;
• interest on a mortgage loan;
• schedule;
• term of the mortgage.

Each bank is guided by organizational policy and internal regulations, offers loans on certain terms. The same applies to the requirements for borrowers - age criteria, actual income, length of service, etc. The initial payment can vary from 10 to 30%, taking into account the conditions of the chosen program. As for the urgency of repayment, loans are mainly given on a long-term basis - from 5 to 30 years. Naturally, it is profitable to pay the entire amount within 5 years, you can save on paying interest, but often not everyone has such an opportunity. Therefore, after the conclusion of the transaction, the majority repays the loan, taking into account the maximum possible term.

Secondary market or new building?

This factor is equally important. As a rule, large developers often conclude with banks partnerships and they sell apartments on more attractive terms when compared with the standard programs. In addition, in this case, you can independently choose the layout, floor, etc. The purchase of finished housing for the secondary housing also has its advantages - you can move into the apartment immediately after registration, and this is an important plus. Think over all these nuances in advance, the acquisition of real estate is a serious matter that needs to be carefully considered.

How to get a loan to buy real estate

After the initial analysis, which is carried out on the basis of the submitted documents, you will already know whether it is worth doing this further. The main factors that will determine the possibility of purchasing a home on credit are:

• total family income;
• credit history;
• general experience;
• age, etc.

In some cases, criminal record may be taken into account. But for most banks this is not a significant factor.

Where is it more profitable to take a mortgage in Moscow

In practice, the most profitable home mortgage provides for low interest rates, acceptable insurance rates, and no additional commissions. And it is quite possible to find such a program. To obtain favorable loan on housing, you need to pay attention to the study of existing proposals. And they can have significant differences, and you must definitely familiarize yourself with them even before buying real estate. To reduce your time on bank trips, we have collected a complete database current programs different creditors. With the help of our service, you can find the best rates that will allow you to buy your dream home today.