Today, Sberbank has many loan programs that allow you to purchase real estate. Each program has its own terms and conditions. A potential client should familiarize himself with a large amount of information in order to choose the best lending program from Sberbank for himself. To do this, you need to know how long an application for a mortgage is being considered at Sberbank and the list of documents required for presentation.
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Mortgage in Sberbank
A mortgage loan can be taken in the amount of 300 thousand rubles. The maximum repayment period for all categories of citizens is 30 years, but mortgage loans for military personnel are issued for a period of no more than 15 years.
Loan programs are divided into several types, depending on the purchased residential property and the level of interest rates:
Each of the mortgage programs needs to identify the client, familiarize himself and confirm his solvency by checking the following documents:
- civil (foreign) passport, driver's license, military ticket, certificate of a pensioner (disabled person, etc.);
- the presence of a registered residence;
- work book from the place of work, other documents confirming official employment and work experience;
- a document confirming the level of salary of the borrower.
Also, it is necessary to find out in advance how long an application for a mortgage is being considered at Sberbank in order to convey the missing certificates after receiving a positive response on a loan. Such documents may include:
- documents on property that can be used as collateral;
- documents that can confirm the ability to make a down payment in the required amount (bank statements, income statements, etc.);
- documents for residential real estate, which is the subject of mortgage;
- mortgage insurance policy.
Terms of consideration of an application for a mortgage in Sberbank
As a rule, the period for consideration of a package of documents for obtaining a mortgage loan from Sberbank is from two to five days. Depending on the volume and completeness of the submitted documents, the period may be delayed, so you can call by phone and clarify information about the status of the application.
Preferential conditions when considering and issuing a mortgage
You can count on improved conditions for obtaining a mortgage loan (reduced interest rate, increased loan amount, etc.) in the following situations:
- if there is already a service at Sberbank - receiving wages to a current account / bank card (salary package);
- guarantors were provided who will act as an additional guarantor of the timely return of the amount, which will increase the loan amount;
- it is possible to take an amount of no more than 85% of the total cost of mortgage housing (there may be exceptions for a single mother or a young family);
- subject to the mortgage payment of 50% of the total loan amount in the first payment, you can apply for a loan in the amount of up to 15 million rubles. In this case, documents confirming income may not be needed;
- young families have certain favorable conditions for obtaining a mortgage loan, established by the relevant state programs.
What to do after receiving a positive response to the application
Having received consent from the bank, it is necessary to move on to choosing a property, preparing all necessary documents for the property, insuring it and copying all documentation. Having gone through all the stages of registration , it remains only to sign the contract and receive the agreed amount of the mortgage loan.