2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
A targeted loan will help you buy your own home. The times when it was possible to get an apartment from the state without any problems are over, and now everyone has to solve the housing problem on their own. However, not every person has the necessary funds to buy real estate. The realities of life are such that only a mortgage loan for the purchase of housing can help in this.
The sheer variety of loans offered by different banks can be confusing for anyone. Such a large selection of loans provided to the population not so much helps, but, on the contrary, makes it difficult to find the most advantageous offer from those offered today. However, it is incredibly important to take exactly the target loan that will best meet the borrower's capabilities and wishes.
Sberbank programs
According to the opinion of many people, the most profitable mortgage loans are the offers of Sberbank. Let's see why. A targeted loan at Sberbank has become quite affordable for ordinary people, because in 2013 this financial institution can offer its customers three basic and four special programs for lending.
Their essence is as follows. In Sberbank, you can take a loan for the purchase of both finished and under construction housing. They also provide loans for the construction of a private house, it is possible to apply for a targeted loan for the purchase of real estate outside the city, a parking space or a garage.
Of the special offers of the bank, it should be noted the opportunity to obtain a mortgage loan for maternity capital, as well as the right to refinance a targeted loan for housing.
Offers and conditions of VTB 24
Also, a profitable targeted loan for the purchase of housing is issued by VTB 24. This bank is currently the leader in terms of housing lending in Russia. Its conditions have distinctive features. For example, a loan can be issued for up to 50 years, while in other banks this period is no more than 30. The minimum period for which a mortgage is provided is 5 years.
In VTB 24, as well as in Sberbank, there are several types of loans to buy an apartment or house. You can get a target loan for the purchase of housing in a new building, as well as a non-target loan for any needs by providing your own property as collateral.
You should know that when obtaining a loan from VTB 24, an initial payment is required, which can range from 10 to 30% of the total amount, depending on the property for the purchase of which it is provided. When purchasing a garage, the first installment will be 30% of its value, and when buying a home on the secondary market - notmore than 10%, provided that the borrower's liability is insured.
You can also try to get a targeted loan at the Russian Agricultural Bank, which offers fairly acceptable lending conditions to its borrowers.
Most banks on their official websites offer to calculate the cost of a loan online.
Recommended:
Bearing housing and its types. Do-it-yourself bearing housing
In the mechanisms that are used in everyday life by a person, you can often find such a detail as a bearing. They are in the systems of both household appliances and industrial ones. The bearing housing is part of the part assembly. It comes in different shapes, varieties and sizes
What is a targeted and non-targeted loan?
Credits have firmly entered the life of almost every person. By applying for a bank loan, you can solve many problems or just go on a trip. You can get financial support from the bank for any needs. For this reason, loans are divided into targeted and non-targeted loans
Mortgage housing loan: features, conditions and requirements. Restructuring of a mortgage loan
The article will tell about the peculiarities of mortgage lending in the Russian Federation. This program is one of the most popular banking programs. What is its essence?
How to manage a housing and communal services management company? Licensing, organization and activities of the management company in the field of housing and communal services
Today, there is no competition in the field of housing management in the modern domestic market. And most of those companies that exist are often lacking initiative or even problematic. And this despite the fact that the management company, on the contrary, is designed to improve this area and ensure the rational use of funds. It is the question of how to manage a housing and communal services management company that this article is devoted to
How to repay a loan with a loan? Take a loan from a bank. Is it possible to pay off the loan early
This article helps to deal with the refinancing agreement, which is one of the most successful loan repayment options
