Mortgage refinancing in Rosbank: conditions, reviews

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Today, most banks have a mortgage refinancing service. This means that funds for the purchase of an apartment can be obtained from one financial institution, and then additional loans can be issued at another credit office. Thanks to this, it is much more profitable to repay the debt.

However, each bank has the right to set its own conditions for on-lending. Rosbank is one of those organizations that citizens of the Russian Federation most often turn to. According to most reviews, this bank offers quite favorable conditions.

Rosbank mortgage refinancing in 2017

This financial institution has certain requirements that borrowers must meet. First of all, only those who are over 20 years old can receive refinancing. If we talk about the maximum age limit, then it is 65 years (at the time of full payment of the debt).

In addition, in order to refinance the mortgages of other banks in Rosbank, all potential customers must confirm that they constantly work at the same place. If athe financial situation of the borrower is not good enough to take advantage of this loan offer, then you can attract co-borrowers (at least 3 people). They may include both relatives and third parties.

In the process of drawing up a loan agreement, a transaction is concluded, according to which a residential premises or a certain part of it will be a security deposit. If we are talking about the primary real estate market, then in this case, refinancing can be made only after the registration of the apartment. This means that the mortgaged home must already be owned by the borrower.

Terms for refinancing mortgages at Rosbank

If we talk about interest rates in the bank, they are considered on an individual basis. As a rule, the minimum overpayment is 8.75%, and the maximum rate rarely exceeds 10.25%. The amount of this amount depends on the amount of the initial contribution. If it is at least 50% of the market value of the apartment, then the borrower can count on a lower interest rate.

Voluntary life and he alth insurance also has a positive effect on overpayment. In this case, the bank receives much more guarantees that the debt will be repaid regardless of possible incidents with the borrower himself.

If we talk about the amount of the loan, it all depends on the exact location of the property. If it is located within Moscow and the Moscow region, then the smallest amount is 600 thousand rubles.rubles. For other regions, the minimum threshold has been lowered to 300,000 rubles. If we talk about the loan repayment period, then it cannot be less than 25 years.

Thus, in order to refinance a mortgage at Rosbank in Novosibirsk in 2017, you must first clarify the conditions of a particular branch of a financial institution.

Apply online

Of course, you can apply for a new loan in person by visiting any of the bank branches. However, it is much more profitable to do this on the official website of the credit institution. To do this, being on the main page, just go to the "Private clients" menu and click on the "Take a loan" button. After that, you need to find the "For real estate" tab and leave the appropriate application. Upon completion of these manipulations, a window with a form to fill out should appear on the screen. There you must specify your personal data, contact phone numbers and e-mail. After that, the application for refinancing the mortgage at Rosbank is sent for consideration.

After some time, the client is called back or informed electronically about a positive or negative decision. If the loan is approved, then the borrower must go to the bank office, conclude an appropriate agreement and provide documents, after which he will be able to receive the necessary loan. As a rule, applications are processed within 3 business days.

Peculiarities of interest rates for refinancing consumer loans

In this creditit is also possible for an organization to issue an on-lending if the funds were received not for the purchase of an apartment, but for other needs. In this case, the bank also provides for the possibility of partial or complete repayment of an existing loan that was issued at another credit office.

According to consumer feedback, rates in this case are also very beneficial for potential borrowers. Depending on the amount of the requested loan, the overpayment can range from 12% to 14%.

Required documents for refinancing a mortgage

In order to refinance other loans at Rosbank, you must meet certain requirements. Since this financial institution provides very favorable conditions to consumers, the bank wants to receive all the necessary guarantees in return. Therefore, rather strict requirements are imposed on customers.

To apply for mortgage refinancing with an increase in the amount in Rosbank, you must provide a copy of the internal passport of a citizen of the Russian Federation, a 2-NDFL certificate and a certified copy of the work book. You also need the original contract, which was issued in another bank.

If real estate is indicated as collateral, then in this case it is additionally necessary to provide documents that confirm that the person is the owner of a particular apartment. You also need to prepare a technical and cadastral passport.

Extra managerthe bank may require copies of internal Russian passports or birth certificates of people who sell real estate.

Additional information

According to reviews, mortgage refinancing at Rosbank is quite profitable. However, bank customers are advised to pay attention to the fact that interest rates may also fluctuate depending on the currency in which the loan was issued.

If you apply for a loan in rubles, the overpayment can range from 11.75% to 13.25%. When it comes to US dollars, the interest rate drops to 9-10%. When registering in EUR, the situation is the same as with USD.

It is also worth considering that the conditions for refinancing a mortgage at Rosbank may differ depending on the specific region. Therefore, it is better to clarify the information.

Pros and cons of refinancing at Rosbank

This program offered to individuals has many benefits. For example, many borrowers noted that there are no hidden fees or additional fees at this bank. At the same time, for the convenience of customers, you can independently choose the period for which the debt will be repaid.

Also, you can attract co-borrowers to apply. In this case, only the total family income will be taken into account. This greatly increases your chances of getting approved for a loan. In case of early repayment of the loan, the bank does not charge any additional fees.

If we talk about the shortcomings of this program, then in this case we can only highlight quitean extensive list of documents that must be submitted to the bank.

How to repay?

All terms of repayment of a loan for refinancing a mortgage at Rosbank are detailed in the contract. Accordingly, after signing it, the consumer who applied to the bank for help automatically assumes certain obligations and must fulfill the prescribed conditions on time. If the monthly payment does not arrive on time, the bank has the right to file a claim with the borrower.

To repay the loan, you can use any payment system that is convenient for the client. To do this, you can visit a bank branch, also terminals, electronic payment systems and much more are available for borrowers.

In closing

Indeed, this bank has very favorable conditions for customers. Interest rates are significantly lower than in other credit institutions, which is confirmed by numerous positive reviews from borrowers. If you repay the debt on time and provide all the necessary documents, then the final overpayment on a mortgage loan or consumer loan will be significantly reduced.

However, before contacting the bank, you need to carefully study the terms of the contract and clarify with the bank manager all the questions and details of receiving funds. It is also worth clarifying whether it is possible to reduce the interest rate subject to the issuance of an insurance policy. It may be much more profitable to pay for it than to overpay more money for use.funds of a banking organization.