Select the Bank in which are going to take the credit. Each organization works on its own system, the amount of interest differs and the contract is not always possible to repay a mortgage early. Talk to those who already took the funds in a particular Bank, read the reviews on the Internet. Talk to a loan officer at the Bank, he will answer all issues of concern and provide full information on the size and maturity of the loan.
Submit a preliminary application in different banks and received the completed documents, compare the terms of mortgage programs, selecting more profitable in the end. Reduction of requirements to the form of proof of income (when you don't need to bring a salary certificate), the amount of down payment (typically 10% and above) or insurance transactions may be due to the increase in the interest rate.
Gather the necessary documents, estimate the cost of the mortgage. You have to pay Commission, interest, insurance premiums, rent a Bank cell, the evaluation of the property, its registration and other amounts that will have to pay monthly, as they are included in the payment schedule. Ask the inspector or Manager table calculate the total cost of the loan. Please read it carefully.
Watch the commercials, sometimes banks deliberately offer favorable conditions, for example, "take a loan on their own terms" knowingly promise or low-interest payment. This is not always true, but you can check out. Thus, "Sberbank" offers a loan for young families at a beneficial rate, the system of early repayment of the loan. And "URALSIB" has maintained the practice of differentiated payment, which will reduce the amount of the overpayment for early repayment.
Take a mortgage in the currency in which the income in rubles. Because, if you take in dollars or euros, when they fall against the ruble, you have to pay a large sum on a mortgage.
Expect their forces, do not take too much money. It is desirable that monthly payments not exceed 30% of the family income. So you will be able to insure themselves, for example, in case you get demoted or have to change jobs for less pay.
Improve housing conditions in accordance with the possibilities. No benefits from the "odnushki-Khrushchev" right to move to 100-meter apartment. You can first move into a one bedroom apartment, early to pay the mortgage, to obtain a positive credit history. Take a new mortgage on more favorable terms you will be easier. Follow the news of the Bank, usually within a rate year change and can get a better program than before.
Read the contract carefully, pay attention to the section which defines the terms and procedure of payment of fees, additional expenses. Sometimes you have to pay each year 5-7% of the total payment (other than interest rate). If the loan exceeds one million roubles, it turns out a significant sum.
To get a mortgage, you can only after you select the desired apartment. In the loan agreement prescribed address and homeowners. Talk to a realtor or appraiser in order not to overpay for housing. You will need the services of an appraiser in any case, the Bank need to know the cost of housing, its size. This is especially important if the family has children, since there should not be abuse.
Talk to a loan officer, find out what you can expect if you make a late payment for a few days. It is better to make contributions in advance, but the situations are different, penalties can be known in advance.
Gather the necessary documents. You will need a passport of seller and buyer, notarized consent of the spouse (-and), if you are married, the purchase of housing, technical passport of the purchased housing, cadastral passport, INN, pension insurance certificate all participants of the credit agreement. Every Bank in the list. After the application is approved, you will be told what else you need and you can start applying. Usually within 7 working days.
Contact the Bank if you have any embarrassing situation, as soon as possible. You can increase the repayment term of the mortgage or transferred to quarterly payments. Do not reduce the interest rate, not free from the insurance.
A mortgage contract can pay off with the parent capital. Ask the Bank if you can make the payment using this amount as principal. Some banks accept the parent capital only for interest payment, which is not always beneficial, especially if the interest rate is high.
Don't lose the mortgage contract, keep the payment schedule. If you repay some part of the amount early, you will be able to perform the recalculation of interest and the remaining time you will be able to pay less. But, again, not in all banks it is allowed. So, Sberbank performs the operation once a quarter, "VTB 24" will not allow early payoff at all.