The word "mortgage" is translated from Greek as "collateral". A mortgage is a pledge of any real estate in order to obtain a cash loan for a long time. Currently, mortgage loans have become widespread, which provide citizens with large sums of money to purchase housing or improve housing conditions secured by real estate. What is the benefit of a mortgage? Firstly, it provides an opportunity for immediate purchase of housing without long-term savings.
It is much more profitable to buy your own home than to rent. After all, in this case you will pay money for your own housing. Buying an apartment or a house on a mortgage, you will be able to register in it immediately. The amount of monthly payments is negotiated in advance, and does not change during the entire period, even in the case of an increase in the price of the apartment.
Mortgage "NAME" will help solve your housing problems. With the help of our mortgage loan, you will be able to purchase new housing, or improve existing housing conditions. Our bank offers to use a mortgage loan secured by your real estate.
A mortgage has many advantages. You can get a loan even without a down payment. When considering an application for a loan, the income of the whole family and close people will be taken into account. Low interest rate. The possible loan term is up to twenty-five years. At the same time, if you wish to repay the loan ahead of time, then you will not pay additional fees. The transaction is executed in a short time, and will not require you to spend a lot of money. A mortgage is available to everyone. In order to apply for a mortgage loan, you need to contact the bank and prepare the necessary number of documents.
The main conditions for obtaining a loan: the object of the mortgage is real estate in the primary or secondary housing market. The possibility of obtaining a loan with a down payment of twenty percent. The possible loan period is from five years to twenty-five years. The loan can be provided both in rubles and in foreign currency, in dollars and euros. Interest rates will depend on this. They range from nine to thirteen percent per annum. The main requirements for borrowers: the presence of Russian citizenship, the age of eighteen years, and a certificate of confirmation of monthly income is also required.
A mortgage provides an opportunity to purchase a loan, both in the primary and secondary housing market.
Mortgage for new buildings. The object of lending is apartments in houses under construction. The loan period lasts from five to thirty years. The initial payment is negotiated with each client individually. The maximum loan amount can be one hundred percent of the cost of the purchased residential property. The minimum loan amount is from ten thousand dollars. A guarantee will be required for this type of loan. The loan will be repaid in equal amounts monthly.
Mortgage in the secondary housing market. The object of lending is constructed apartments of the primary or secondary market. The loan is granted for a period of five to thirty years. The amount of the initial payment is negotiated individually. The minimum loan amount is ten thousand dollars. The acquired real estate object will be considered as a pledge. Payments are repaid monthly in equal amounts.
When obtaining a mortgage loan, an insurance policy is required. https://king-567.com/