Many modern city residents want to have a country house, but not everyone has the necessary resources for its acquisition. The way out of this position is a mortgage for building a house.
Mortgage for construction: how to get
In Russia, a mortgage as a type of lending has a short history. But now a mortgage for the construction of a house is a real, although a difficult procedure.
Firstly, it is necessary to have another real estate to ensure the collateral. The bank carefully checks such real estate. Next, the borrower and his solvency are studied. The applicant provides the necessary documents to the bank. Usually this is a passport, a statement, a certificate of 2-NDFL and a work book (or its copy). After the bank studying all documents and risk assessment, loan rates are established.
It is more easy to get a mortgage for construction according to special programs that exist in some villages that are already accredited by banks. This process is much simpler than receiving a mortgage for unaccredited areas and settlements.
Also, keep in mind that many banks undertake the borrower to insure the construction object, as well as his life and healthy.
Mortgage for construction in different banks
In 2013, the main current trends of banks will be maintained. Most banks can be persons over 18 years old, the loan term reaches 25-30 years, while the rates range from 11 to 16%. Mortgage proposals of banks are distinguished by rates and some nuances of consideration of loan applications. For example, some banks began to take into account not only the official net income of the borrower, but also additional types of profit.
So, Sberbank in 2013 offers a number of advantages:
Each application is considered individually
There are no commissions
There are special offers for young families
Special interest rates are offered for customers receiving salaries for Sberbank cards
Life and health insurance is not a prerequisite
At the same time as obtaining a mortgage, you can get a personal credit card
If you decide to still take a mortgage for building a house, study the proposals of different banks and choose the right one under the terms. Having issued a mortgage for construction, you will soon become the owner of your own house.