Mortgage co-borrower at Sberbank

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If the monthly income does not allow you to take a mortgage loan from Sberbank, it is permissible to attract additional assistance in the person of co-borrowers.
We propose to consider in more detail who a co-borrower for a mortgage in Sberbank is and what requirements he must meet.

Mortgages with the support of guarantors

This type of mortgage opens up great opportunities and attractive conditions. This is a possible increase in the size of the loan, and the period of its repayment, and the size of the interest rate. As a rule, there can be no more than three co-borrowers.

Read more about mortgage application processing time in this article.

By default, the spouse is automatically a co-borrower, and you can also involve any other person.
At the same time, he will have the right to own part of the acquired property. So, you should be very responsible in choosing candidates. The guarantor is obliged to present a package of documents that is almost identical to what is required from the main borrower, therefore, a co-borrower questionnaire has been developed.

A co-borrower on a mortgage at Sberbank - who is it and what are its rights and obligations?

The guarantor for mortgage lending at Sberbank bears the same responsibility as the borrower himself. He undertakes to comply with the terms of the loan, even if he is deprived of his share in the apartment being purchased. In the process of obtaining a mortgage, rights and obligations are established by the contract. This list includes:

  • the co-borrower repays a certain amount of the total debt every month;
  • if the client is unable to pay, the co-borrower takes over;
  • if the co-borrower is not a spouse, the right to a part of the property remains with him anyway;
  • you can use the tax deduction.

If at some point outside help is not needed, you need to know how to exclude a co-borrower from a mortgage. The procedure begins with the filing by both parties of an application for the need to release a person from debt obligations.

Basically, the criteria for a co-borrower do not have special standards. There are a number of age restrictions that are commensurate with the restrictions for the main client.

A package of documents for a co-borrower

  1. Passport.
  2. Confirmation of registration.
  3. Marriage certificate (if any).
  4. Passports of relatives living at the same address.
  5. Diploma.
  6. Labor.
  7. Help NFLS-2.
  8. Additional documents (if necessary).

Download a sample of filling out the questionnaire of a co-borrower in Sberbank

Required data for the preparation of the borrower's questionnaire

A co-borrower on a mortgage at Sberbank must complete the following sections:

  1. Full name.
  2. Passport information.
  3. Contacts, telephones, communication addresses.
  4. Specify education.
  5. Marital status (own and relatives), data of spouse and children.
  6. Employment: line of business, company name, length of service, position.
  7. The amount of income and expenses, even if there are unconfirmed ones.
  8. Availability of real estate, vehicle and their value.
  9. Sberbank salary card number.

 

The mortgage application form at Sberbank of Russia is filled out with the signature of some blocks. It is mandatory to put a mark in the column "Co-borrower".

Download the Mortgage Co-borrower Application

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