2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
Mortgage rates are steadily rising, which cannot but frighten residents of different cities of our vast country. Nevertheless, those who want to buy a home simply have no choice, since it is almost impossible to save up a huge amount of money to buy an apartment. However, even here there are pitfalls. Even if a mortgage loan is issued, citizens must make a down payment (ID), the amount of which is up to 30% of the cost of the apartment.
And what about those who do not have money for the initial payment? In this case, it remains to try to get a mortgage in Yekaterinburg without a down payment. Large banks have programs that issue such loans, but in this case, you need to take into account several important nuances.
Features of obtaining a mortgage without PV in Sberbank
In this institution, you can really get a mortgage loan on fairly favorable terms. However, it should be borne in mind that in Sberbank of Yekaterinburg, a mortgage without a down payment is the amount of money that a citizen receives to repay a loan taken earlier inanother credit institution. This means that a person does not need to invest his own savings, but just take out a loan from another bank and use it as a PV.
To obtain a mortgage at Sberbank, you must confirm your ability to pay and provide a certificate in the form 2-personal income tax.
Mortgage at Otkritie Bank
This is another reliable organization where you can get a loan without PV. For those who wish to apply for a mortgage in Yekaterinburg without a down payment, the Mortgage Plus program is available. According to it, you can get a loan and not pay the initial amount of money towards the future apartment.
In this case, the interest rate will be 13.5% per annum. Accordingly, if a resident of the city draws up a loan for 5 million rubles, then he will pay about 60,500 rubles a month. Based on this, the total overpayment for 20 years will be about 9 million rubles.
Gazprombank
"Refinancing" from this bank is a program that gives citizens the opportunity to move into new housing without initial payments. Mortgage conditions without a down payment in Yekaterinburg are quite favorable. If a citizen borrows an apartment worth 5 million rubles, then the monthly payment will be 50 thousand rubles. At the same time, the interest rate will be lower than that of Sberbank. It will be 10.25%. Accordingly, the final overpayment for 20 years will not exceed 6.7 million rubles.
Standard conditions for obtaining a mortgage without a down payment in Yekaterinburg
To get betterto understand what to expect from a credit institution, consider a standard situation. Suppose a resident of the city decided to apply to a certain bank and was offered the Housing Loan program. According to him, a mortgage in Yekaterinburg without a down payment will differ in the following conditions:
- Loan term up to 20 years.
- The loan amount can be up to 100% of the total cost of the apartment. However, the amount of funds will directly depend on the income level of the borrower.
- The property (it can also be a car, securities, etc.) of the citizen himself or his relatives is registered as collateral.
- As guarantors should be from 1 to 4 people. In this matter, it all depends on the amount of the loan. If a citizen takes no more than 300 thousand rubles, then it is enough to invite only one guarantor. With a loan amount of more than 300 thousand rubles, 2 people will be required, etc.
- Borrowers must not be older than 65 at the time of making the final payment.
- A citizen must have a permanent place of work, where he works for at least 6 months.
It is also worth paying attention to the fact that taking a mortgage in Yekaterinburg without a down payment is not the only option that allows you to avoid huge costs for the initial payment for an apartment.
Exchange
Today, trade-in is in great demand, since in this case, existing living space can be used as a PV. In this case, you don't have to waituntil the apartment is bought. In fact, the borrower's housing is repurchased by the bank itself against future mortgage payments.
However, such services are not available in all banks. Sometimes the exchange is carried out by a real estate agency. In this case, you should be more careful and carefully choose an agent, as there are many scammers in this area today.
Interest-free installments
If it was not possible to get a mortgage without a down payment in a bank in Yekaterinburg, then it will be much more profitable and easier to invest in real estate under construction. In this case, the buyer will not have to overpay a certain percentage to the bank annually throughout his life. Thus, the final cost of new housing will not double.
The only drawback of this way of buying is that it will be possible to move into a new apartment only after a few months or even years, when the house is finally completed. However, given that this method will save several million rubles, then this period can be completely lived in a rented apartment.
Also, when refusing a mortgage without a down payment in Yekaterinburg in favor of an interest-free installment plan, all risks must be taken into account. For example, the developer may not deliver the object on time or simply freeze the construction. Such problems are found everywhere. Therefore, before paperwork, you must carefully study the contract from the developer andmake sure that all these nuances are spelled out in it.
Mortgage lending from partner banks
If a citizen is a client of the "Brusnika" company, then when applying for a mortgage in "VTB 24" he can receive a special offer. According to it, the annual interest rate can be reduced by 0.5% of the base value.
Besides, you should pay attention to such promotions as "More meters - less bet". This offer allows you to reduce the rate by 1%. At the same time, a citizen must purchase an apartment or any other real estate, the area of \u200b\u200bwhich will be at least 65 m22.
Since the conditions for such promotions are not cumulative, you must carefully study all the programs offered and choose the most profitable option.
In closing
Each bank provides different conditions for mortgage lending. In some of them, the borrower's work experience must be at least several months, and in others - 4-5 years. The same applies to other conditions. For residents of the Russian Federation, it is most important to study interest rates on loans. In some cases, it is much more profitable to make an initial payment and pay a smaller percentage of the transaction amount than not to make an initial payment and, as a result, overpay the bank several million rubles more. That is why, when deciding to take a mortgage or a loan for an apartment, it is worth visiting all available organizations and clarifying their terms of the transaction.
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