In order to get a mortgage loan, you must go through several mandatory steps, each of which is of particular importance and cannot be ignored. Moreover, before the direct registration of a mortgage in Sberbank, it is necessary to collect the required documents.
Mortgage programs of Sberbank
Before considering the registration of a mortgage at Sberbank, we need to linger a little on the types of mortgage programs. In some respects, they differ significantly. But, the main difference lies in the appointment of one or another type of loan.
So, for example, the classification of programs by type of housing looks like this:
- a mortgage on an apartment in a new building, recently put into operation, or in a house that is just being built;
- mortgage in the secondary market (that is, for an apartment from the owner);
- mortgage for private construction;
- home mortgage.
A separate category includes projects of mortgage programs with the participation of the state. This also includes military mortgages, which provide for the possibility of transferring funds from the account of the NIS participant and maternity capital.
Loan conditions are always selected taking into account what type of housing is needed. Therefore, the choice of category should be taken more than responsibly. After all, interest rates have a very large difference - from 7.4% to 12%.
Initial steps in obtaining a mortgage
The process of obtaining a mortgage loan at Sberbank for a new building or a house is no different. Experts recommend that you go through the entire preparatory stage in advance in order to have a better chance of getting a positive answer in an expedited manner in the future. For this you need:
- choose a mortgage program in advance;
- choose the best conditions using an online calculator;
- collect required documents: confirmation of employment and field of activity;
- provide proof of a decent level of earnings, including the availability of additional income;
- selection of optimal housing.
Of course, this is not the whole list of necessary certificates and documents. The rest can be provided after obtaining mortgage approval.
As for the choice of mortgage options on the online calculator, here experts advise checking several different options at once. For clarity, it is worth saying that the conditions can differ significantly subject to change:
- the amount of the first installment;
- income level;
- repayment period.
In addition, it affects the possibility of lending and whether the client receives a salary on a Sberbank card or not.
Certain criteria also influence the formation of a package of documents. For example, if a client can immediately pay off more than half of the loan amount, you can not prepare papers confirming solvency. Along with this, such a borrower can count on any size of the mortgage amount.
Conclusion of a mortgage agreement
When applying to a branch of Sberbank to apply for a mortgage loan, it is imperative to provide an initial package of documents.
Directly at the branch, an application is filled out, which indicates the main parameters of lending. It is advisable to choose them in advance. Then, the documents with the application are transferred to the employee for consideration and approval of the application.
As a rule, it takes from 5 to 10 days. Then a response comes from an employee of Sberbank and the stage of the final stage of obtaining a mortgage begins:
- Housing is finalized.
- A contract is signed for its acquisition in accordance with the points of the loan.
- Insurance is being arranged.
- Document data is transferred to Sberbank.
- The mortgage agreement is signed.