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Obtaining a mortgage loan secured by existing housing. Features of issuing a cash loan. Mortgage secured by existing real estate

There are quite a lot of options to buy a new property on credit. One of the varieties of such a loan is secured by existing real estate. This option is suitable for those who already own a personal apartment, room or house (a share in ownership is also taken into account). Such security will help you get the most favorable loan conditions and purchase another home with minimal losses to your budget. However, before deciding to draw up such a loan agreement, you should carefully read the features of such cooperation with the bank.

How is a mortgage secured by existing real estate?

A mortgage is a noteworthy option for those who do not have enough own funds to purchase a home. A feature that a mortgage secured by real estate has is that the corresponding program can be offered by the bank in various versions. The main ones are usually the following:

  • mortgage under the improvement of living conditions;
  • typical home loans.

The first alternative assumes that a mortgage loan secured by an apartment is issued subject to the mandatory sale of collateralized property within a specified period. The proceeds are used to repay part of the loan taken. This loan can be obtained

Conditions for the processing of personal data

I give my consent to Bank Site JSC, address 125009, Moscow, st. Vozdvizhenka, 10 (hereinafter referred to as the Agent), as well as to partner banks and other counterparties of the Agent (hereinafter referred to as Partners 1) for the processing of all my personal data specified in the application by any means, including by third parties, including reproduction , electronic copying, depersonalization, blocking, destruction, as well as the above processing of my other personal data obtained as a result of their processing, in order to:

  • granting me a mortgage loan;

  • creating information systems of personal data of the Agent and Partners, as well as for any other purposes, directly or indirectly related to the provision of a mortgage loan to me and / or the offer of other products of the Agent and Partners, and sending me information about new products and services of the Agent and Partners and / or their counterparties.

This consent is given for a period of 15 years, and in the event of its withdrawal, the processing of my personal data must be terminated by the Agent, Partners and / or third parties and the data destroyed subject to the termination of civil law contracts concluded with the Agent, Partners or third parties and full repayment of the debt under such contracts.

1 PJSC Special Design Bureau of Primorye "Primsotsbank" 690106, Primorsky Territory, Vladivostok, Partizansky Ave, 44; JSC "AROIZHK" 163000, Arkhangelsk, st. Popova, d. 17; JSC "SAIZHK" 620075, Sverdlovsk region, Yekaterinburg, st. Belinsky, 35; JSCB "AltaiBusiness-Bank" (OJSC) 656049, Russia, Altai Territory, Barnaul, Lenina avenue, 43; JSC "RELIABLE HOUSE" 125284, Moscow, Leningradsky prospect, 31 A, building 1; JSC "RELIABLE HOUSE" 125284, Moscow, Leningradsky prospect, 31 A, building 1; HMLF (Veliky Novgorod) Novgorod region, Veliky Novgorod, st. Bolshaya St. Petersburg, d. 6; OJSC "AHML RSO-Alania" 362027, Republic of North Ossetia-Alania, Vladikavkaz, st. Markus, d. 51; VGIF, 600001, Vladimir Region, Vladimir, Lenin Ave., 21A; JSC "VAIZhK" 400001, Volgograd, st. Kanunnikova, 23; JSC "AHML VO" 160009, Vologda, st. Chelyuskintsev, 47; JSC "AZHIK of the Voronezh region" 394036, Voronezh, st. 20th anniversary of the Komsomol, d. 54A; JSCB "Izhkombank" (PJSC) 426076, Udmurt Republic, Izhevsk, st. Lenina, d. 30; JSC "KOIA" 305000, Kursk region, Kursk, st. Gorky, d. 50; JSC "AHML RT" 420111, Republic of Tatarstan, Kazan, B. Krasnaya st., 15/9; NO "ZhSS KO Fund" 236001, Kaliningrad, st. Green, 89; JSC "KOSHELEV-BANK" 443100, Samara region, Samara, st. Mayakovsky, d.14; JSC "AHML CO" 650066, Kemerovo Region, Kemerovo, Oktyabrsky Ave., 51; JSC KB "Khlynov" 610002, Kirov region, Kirov, st. Uritsky, 40; KKFZhS 660095, Krasnoyarsk, Ave. newspapers "Krasnoyarsk worker", 126, office 640; JSC "KIZhK" 640007, Kurgan region, Kurgan, st. Burova-Petrova, 112; OOO "Uralregionipoteka" 455044, Chelyabinsk Region, Magnitogorsk, Karl Marx Ave., 77, bldg. 3; JSC "Dagipoteka" 367027, Republic of Dagestan, Makhachkala, st. Engels, d.47; JSC "RO IzhK Yaroslavl region" 150000, Yaroslavl, st. Saltykova-Shchedrin, 12; OAO Mortgage Corporation of the Chuvash Republic 428,000, Chuvash Republic, Cheboksary, Moskovsky Avenue, 3; SE NO "NIKA" 603089, Nizhny Novgorod, st. Poltavskaya, 26; JSC "NOAIK" 630102, Novosibirsk, st. Zyryanovskaya, 53; State Unitary Enterprise of the Republic of Kazakhstan "State Property Fund of the Republic of Kazakhstan" 185035, Republic of Karelia, Petrozavodsk, st. Gogol, d. 12; JSC "Avtogradbank" 423831, Republic of Tatarstan, Naberezhnye Chelny, Khasan Tufan Ave., 43; JSC "Yamal Mortgage Company" 629008, Yamal-Nenets Autonomous Okrug, Salekhard, st. Republic, d. 78; JSC "MIK" 430000, Republic of Mordovia, Saransk, st. Communist, d. 89; Joint Stock Company "Mortgage Corporation of the Saratov Region" 410003, Saratov, st. them. Kutyakova I.S., house 6; JSC CB "ForBank" 107140, Moscow, st. Lower Krasnoselskaya, d. 5, building 5; JSC "KOMIipoteka" 167000, Republic of Komi, Syktyvkar, st. International, d. 133; JSC "AHML of the Tambov region" 392000, Tambov, st. Sovetskaya, 191 "V", OJSC "UGAIK" 450098, Ufa, Prospekt Oktyabrya, 132/3, 6th floor, office. 605; OAO Mortgage Corporation of the Chuvash Republic 428,000, Chuvash Republic, Cheboksary, Moskovsky Avenue, 3; JSC AHML in the Tyumen Region, Tyumen, Ordzhonikidze St., 63; JSC Mortgage Corporation of the Republic of Buryatia 670000, Republic of Buryatia, Ulan-Ude, Profsoyuznaya St., 35; JSC Mortgage Investment Agency Stavropol Territory "355035, Stavropol Territory, Stavropol, Lenin St., 217a; Info-content LLC 620075 Ekaterinburg, Rosa Luxembourg St., 19.

Not all citizens can take a mortgage secured by existing real estate in Sberbank. It is worth considering in detail the most advantageous option, which implies the need to provide a full package of documents, including a certificate of income.

Sberbank is rightfully considered one of the most loyal financial institutions interested in providing quality service to its customers. Many people apply here for a secured mortgage, because this lending format has a number of advantages:

  • favorable conditions, especially a reduced interest rate;
  • long term debt repayment;
  • no additional fees;
  • the opportunity to participate in social programs that allow you to receive state support (maternity capital, the Young Family project, military mortgage);
  • there is an alternative offer with higher interest rates, but with a minimum package of documents.

Basic conditions

When buying an apartment secured by existing housing or real estate, a person draws up a loan in national currency. At the same time, he can borrow an amount of 300,000 rubles. You can't take less. The maximum threshold for the loan amount is determined based on the value of the collateral. The loan cannot exceed 85% of the assessed price of the property. In some cases, this parameter may turn out to be even lower (for example, if the level of collateral liquidity is low and it will not be possible to sell it quickly if necessary). The remaining 15% is paid by the borrower when applying for a loan on his own. The required amount can also be provided in the form of maternity capital.

A person can return the money taken for a long time. The maximum term is set at 30 years.

Sberbank does not charge additional fees from its customers for mortgages. Moreover, you will not have to pay not only for consideration of the application, but also for the execution of an agreement, opening an account and transferring funds to it.

In the proposal under consideration, not only purchased, but also existing real estate can act as collateral. Why is it good? For example, a person bought an apartment on credit, and made a building that he owns as collateral. In this case, he is free to sell and exchange the apartment. There is another plus of such a transaction - you do not have to look for another collateral until all documents are processed.

There are other options for collateral obligations that can improve lending conditions. For example, you can invite individuals as guarantors.

Sberbank, as well as other Russian banks in fact, oblige their mortgage clients to insure collateral (if land is the collateral, then it will not have to be insured). There are also indirect requirements for personal insurance - if you refuse it, the final interest rate increases by 1% per annum.

The interest rate when providing a full package of documents is set at 10.4% per annum if the transaction is executed through the electronic service of Sberbank. You can reduce the overpayment in other ways:

  • become a participant in the campaign for young families;
  • become a payroll client of the bank;
  • purchase housing from developers cooperating with Sberbank.

As a result, the interest rate may drop to 7.4%. The final value is determined on an individual basis and also depends on the level of reliability of the borrower. For those who do not want to confirm their income, the interest rate will be higher, moreover, they will have to pay a more serious down payment - from 50% of the total cost of the acquired property.

Portrait of a potential borrower

Not everyone can get a mortgage at Sberbank. A financial institution puts forward certain requirements for a potential borrower, namely:

  1. age - from 21 to 75 years (if the client does not provide a certificate of income, then the upper threshold is reduced to 65 years);
  2. the presence of a permanent job during the last six months;
  3. total work experience for the last 5 years is 12 months or more.

Experience requirements are not imposed only on those borrowers who receive a salary on a Sberbank card. If a person wants to get a mortgage without a certificate of income, then he will still have to confirm the work experience.

What documents will need to be collected?

The application always begins with the completion of an application form. The following documents are attached to it:

  • passport of a citizen of the Russian Federation;
  • another document that would confirm the identity of the borrower;
  • certificate of income (single form 2-NDFL or internal form of the bank);
  • a copy of the work book (certified in advance by the employer);
  • certificate of temporary registration (if the applicant lives and applies in a region other than the one indicated in the permanent registration column);
  • documents for real estate, which will act as collateral (if it is a purchased apartment, then they are drawn up already in the process of obtaining a loan).

If there are benefits, they must be documented. Otherwise, you will not be able to access more favorable conditions.

Today, any bank offers its customers more than a dozen different loan programs. Among such a variety of banking "products", one of the most profitable is a loan secured by real estate or, as it is also called, - real estate mortgage.

When mortgage lending first appeared in Russia, then such loans were issued only against the security of purchased housing. In other words, a person bought an apartment for himself, which later became the subject of collateral in a bank.

Mortgage secured by purchased property

Mortgage secured by purchased property is a mortgage loan option that is more suitable for young and ambitious people. In most cases, the generation of young people who recently graduated from higher educational institutions and just got a job does not own large sums of money. Yes, they may have enough to pay rent, sometimes for their own apartment, but when it comes to a good apartment for the family, then they have nowhere to take money from. The bank will not lend money, because they have a small salary. Parents do not risk putting their apartment on bail. And someone just has no one to ask to do it. It is for such situations that a mortgage secured by the acquired property is provided. That is, the bank issues you a mortgage, and you acquire the housing space you need and put it on bail. Until you pay off the mortgage in full, this property will be partly owned by the bank. In case of non-payment, he will have the right to take this property and put it up for sale or auction.

However, taking out a loan secured by future real estate may not always be convenient. In some cases, it becomes much more profitable to receive mortgages secured by existing real estate.

Mortgage secured by existing property

Let's look at some options where the collateral will be the existing property:

  1. Mortgage loan without down payment. In the absence of a down payment on a loan, the rates for it are usually higher. In this case, it will be beneficial to get a loan secured by an existing apartment. For example, a client needs real estate, the cost of which will be 5 million rubles, while he owns an apartment worth 8 million rubles. In this case, the client receives a loan, the amount of which reaches up to 80% of the value of the pledged property.
  2. Loan for buying real estate abroad. You can get this loan secured by existing housing, and invest the money received in buying an apartment in another country.
  3. Loan to buy a cottage, land, etc.
  4. Business Development Loan. The interest rate on such a loan will be lower if the bank's collateral is an apartment already owned by the client.
  5. Targeted and non-targeted loans. Targeted loans are mortgages secured by real estate. The interest rate of such a loan is much lower than that of a non-target one. In this case, the bank will require from the borrower a document confirming the purchase of real estate. Therefore, after the purchase of real estate, the borrower will need to provide the bank with documents confirming the intended use of funds. Not targeted loans, as a rule, are issued for a variety of needs. In this case, the bank takes the existing property as collateral and issues a loan.

Mortgage lending is a common and affordable way to buy a home. Banks offer customers various programs that allow them to make an expensive purchase. Currently, in 80% of cases, the court is issued on the security of the acquired housing. For many borrowers, this is the only way out, given their financial capabilities. However, in some situations, a mortgage is issued against the security of existing real estate, if such an opportunity exists.

Sometimes this type of lending is called "lombard mortgages." Usually, in such transactions, the mortgagor is not the borrower himself, but third parties. Most often, parents decide to use their own apartment as collateral to buy a home for their son or daughter.

They take all the risks that may arise during a long payment period.

Credit programs of banks can be divided into two main categories:

  • Misappropriation programs
  • Target programs

In the first case, we are talking about ordinary loans that the borrower can spend at his discretion. Mortgages fall into the second category. Money is issued exclusively for the purchase of housing, and the conditions and interest rate are different.

Advantages and disadvantages of a secured mortgage

As statistics show, many clients prefer to use as collateral not a purchased living space, but real estate that is already owned. Such an opportunity is offered by Vozrozhdenie, the Bank of Moscow, Gazprombank, Vneshtorgbank and some other organizations. It is believed that in this case the conditions are better, and the risks are less. Banks, in turn, are trying to equalize interest rates and eliminate differences between types of collateral.

The main advantage is that the apartment used as collateral does not have to be owned by the borrower. He may use property owned by parents, relatives or close friends. There are several main advantages of these types of loans:

  • A wide selection of housing in the primary and secondary market without being tied to certain developers
  • The possibility of obtaining a loan without a down payment
  • Fast processing and more favorable credit terms

In the presence of collateral of equal value, banks are more willing to make positive decisions, because the risks for them become much less. They study the credit history of a potential borrower, his financial situation and working conditions much less.

At the same time, there are certain negative points that the borrower needs to consider when applying. Each bank has its own design features, as well as requirements for the candidate. Usually all this has to be clarified on an individual basis during an interview with managers.

The disadvantages of such a loan usually include:

  • High requirements for an apartment, house or land used as collateral
  • Hidden Criteria for Choosing Mortgage Property
  • Compulsory life and health insurance of the borrower
  • Restrictions on the sale of collateral

The client must agree to all the conditions of the credit institution. If she is satisfied with the apartment or house, they will allow her to use it as collateral. However, ordinary clients have little to no idea of ​​how the evaluation and final decision-making takes place. At the same time, the bank has the full right to refuse the client practically without explanation of the reasons.

Compulsory insurance becomes an additional item of expenditure. Usually it is about 0.15-0.30% of the total loan amount. And in some situations, it is required to insure both the life of the client and the apartment itself. This form of lending is beneficial primarily to those who are not able to pay the initial loan in full. If there are any financial difficulties or there is no stable and promising job, then the pledge is the best solution to this problem.

Basic requirements for the borrower and real estate

Mortgage lending affects important social issues, so this industry is constantly in the area of ​​government attention. In fact, such programs are created and developed under state control. At the moment, all relations between banking structures and ordinary customers are regulated by various provisions of the Civil Code of the Russian Federation. First of all, this is Article 334 "Pledge" and Articles 361-370 "Guarantee".

Documents for obtaining a mortgage loan secured by an apartment

Separately, Federal Law No. 102 “On Mortgage (Pledge of Real Estate)” dated July 16, 1998 was adopted, which is valid throughout Russia. It spells out all the main aspects that regulate this industry:

  • Fundamentals for building relationships between the bank and the client
  • Requirements for the execution of mortgage lending agreements
  • Requirements for insurance of real estate and health of borrowers
  • List of rights and obligations of all parties


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In particular, this Federal Law specifies the permissible types of liability - pennies, penalties, fines, etc. The activities of all structures are strictly regulated, so the general rules apply to everyone. However, there are always various nuances that must be taken into account.

The basic requirements for real estate, which should act as collateral, can be found in Article 5 of the Federal Law No. 102. The following types of objects can be used to obtain a mortgage loan:

  • Apartment
  • Private house, cottage
  • A room in an apartment or hostel divided between the owners
  • Land plot
  • Lease rights to land
  • Ownership share

Separately, it is worth noting that even sea, river, air and space vessels, acting as permanent or temporary housing, can be used as collateral. Thus, each client has a fairly wide range of opportunities to provide their own collateral. This contributes to the adoption of a positive decision by the bank.

Each bank evaluates the market value of the offered collateral. The chances of a positive decision increase if the property is of value and is in good condition. If the housing is in disrepair and is recognized as dilapidated, then it will not be used to complete the transaction. Thus, it will be difficult to use an old house in the suburbs as collateral for the purchase of a spacious apartment in a new building in a prestigious area of ​​the city.

Another important requirement is the legal purity of the transaction. The provided real estate should not be under arrest or other sanctions. Banks carefully study all documents, being especially wary of donation, inheritance or judicial collection transactions.

Basic requirements for the borrower:

  • Age 21+
  • Citizenship of the Russian Federation
  • Permanent or temporary registration in Russia
  • Official job with at least 1 year of experience or a stable verified income

Such large organizations as VTB 24 and Sberbank offer favorable conditions for a wide range of clients. When choosing, you need to pay attention to the final percentage of the overpayment and the term of the loan. Be sure to read the additional terms and conditions. An important aspect is the possibility of changing the subject of collateral. If this is not provided, then it will not be possible to sell the mortgaged property until the debt is fully repaid.

Interest rate for a secured mortgage

The most important selection criterion for any client is the interest rate. Given the large amounts and long terms of lending, even tenths of a percent play a significant role. The advantage of a mortgage is that such a loan is issued on more favorable terms. However, it is targeted, so spending money in another way will not work.

Today in Russia, the average interest on a mortgage loan is 12-14%. Such conditions are offered in large banks to reliable borrowers. Although usually the restrictions apply only to the amount issued for the purchase of new housing. The main factors affecting the final conditions are:

  • Total loan term
  • Borrower's credit history
  • Solvency, the presence of a permanent job, the age of the borrower

The minimum loan term is 3 to 5 years. The specific amount depends on other factors, primarily on the solvency of the client. He needs to remember that reducing the terms leads to a reduction in the overpayment, but in this case, the monthly payments become significantly larger. For each client, the best option is selected, taking into account his financial capabilities.

Features of registration of a mortgage secured by existing real estate

Usually used as collateral for an apartment or house. Land plots are also considered by banks, but they must be issued in accordance with all the rules. Mostly used plots for agricultural purposes or intended for individual housing construction. All options are considered on an individual basis, but usually clients can count on loans in the amount of 60% of the value of the collateral.


Mortgage loan secured by existing real estate

The following package of documents is required for registration:

  • Passport with registration in the Russian Federation plus one more document - driver's license, SNILS, military ID, passport)
  • Certificate of income from work
  • Documents for collateral
  • Marriage certificate
  • Children's birth certificate

All documents are provided subject to availability and can be replaced by analogues or completely excluded from registration.

Sberbank offers targeted and non-targeted loans at a rate of 12.5% ​​for up to 20 years. However, there are trends towards gradually lowering the rate, so new customers can count on more favorable conditions. Usually the maximum amount for ordinary customers is no more than 10 million rubles. If the client refuses to take out insurance, then the interest rate automatically rises by 1%.

If the client offers collateral and pays at least 20% in the down payment, then the total interest rate is reduced to 13.5%. Young families can count on benefits and better deals. A potential borrower needs to collect all the documents and file an application with the bank in order to receive an answer as soon as possible.