Want to take credit and not running into trouble? Then this article is for you. Let us briefly consider the possible pitfalls. Stone first. The percentage of loans in each institution is different from each other. In recent months, Expert on growth strategy has been very successful. But do not immediately take the loan into the first bank, where the percentage under which issue credit at 10-15% below the rest. Because, basically, the whole trick lies in a hidden commission. Stone second. Some agencies, indicate the credit agreement opportunity to increase the loan interest rate, which depends on a number of reasons.
In the course of the contract, such reasons may easily be found, and the borrower will have to additionally pay extra for them. Stone third. For more clarity and thought, follow up with John Savignano and gain more knowledge.. Hidden Commission (for which payment was not stated in the contract), is one of the most favorite tools some banks. Whatever it was, before concluding a contract with a financial institution, especially loan mortgage, be sure to be fully acquainted with all points of the contract, to obtain, if necessary, further clarification on each of them. In no case do not sign do not read the contract! This can be bad for your future financial condition. If you take out a loan secured by an apartment or other loans secured by real estate, especially pay attention to the paragraphs describing the procedure for the transfer, return and use of the collateral. Do not violate terms of the contract, otherwise the bank or other financial company, will find few reasons to not return your deposit (benefit is obvious: the mortgage loan is issued to less than fair market value of housing or land).
In a respectable organization can always be accessed on the provision of a small delay of payment without penalty. And in most such cases, to obtain positive response. Loan secured – a responsible decision. Before you make it, evaluate the pros and cons. Approach the subject from all sides. It is best to go consult a specialist. Make out a loan mortgage companies only have proven!
How to choose a bank loan product in case you feel the need for credit facilities? This question seems simple but, nevertheless, is often asked potential borrowers. First of all, you should decide so, what are you going to spend borrowed money. This may be buying a home, car repairs in the apartment, pay the costs of education and so on. The fact that banks have different credit offers based on where the borrower is going to spend borrowed money. On this basis, the bank evaluates and offers credit terms. For example, let's consider a situation in which you want to certain amount of money to make repairs in the apartment and an additional portion of funds for any purposes (can be anything). You go to the bank and learn about the various lending programs, such as mortgage lending (Mortgages, auto loans), loans to individual entrepreneurs, loans for education, non-earmarked loans.
Returning to our example, we ask the following question – "Under what kind of offer comes our potential application?" Logic suggests that this will be untied loan. Thus, we are simply saying that a loan officer, what we want to spend the loan funds, and obtain a certain number of proposals for consideration. Everything is quite simple. Further need to examine directly the conditions of the loan advanced by the bank. We draw attention to the amount we needed, because the different banking credit products provided to its maximum value funds.
Further relying on the logic, we choose the proposal with the lowest cost of borrowed money. Cost, of course, is determined by interest rates and other charges. This highlights that, as generally the same for most situations. However, in each case, the potential borrower should carefully read the terms of the contract, to avoid unwanted problems in the future. If you're unsure of something or there is any uncertainty, we do not hurry with the signing of the contract. Consult with knowledgeable people, or ask a question on forums devoted to lending.
Delta credit offers its customers the opportunity to purchase real estate as a mortgage loan in the secondary and the primary housing market. Nuances of the mortgage bank's loan feature of the Delta Delta Credit Bank is the fact that the bank will allow you to bring up to 4 co-borrower (spouse, parents or children) and when making lending decisions take into account the income of all co-borrowers. In order to get a mortgage with the bank Delta Loan, potential borrowers must provide Banco Delta credit application form, passport, driver's license, a copy of work record, certified by the employer, a certificate confirming income of at least Last 6 months (according to form 2-PIT, or in the form of bank), documents certifying the marital status, the documents confirming the presence of expensive property (apartment, villa, car). Binding condition is the insurance of both the borrower and the property. In addition, the borrower must pay their own third party required for issuing the purchase and sale of the apartment.
Delta Mortgage Loan offers a wide range of mortgage programs. Feature is the fact that the bank does not require the borrower Russian citizenship, as well as collateral or guarantee. To obtain a mortgage loan Delta potential customer must provide the bank application form, copy of passport, copy of documents attesting to his civil status, copies of birth certificates of children, copies of education certificates, a copy of driver's license and military ID, copy of work record, certified by the employer or labor agreements and contracts of employment. Delta credit also requires a certificate confirming income on Form 2-PIT and brief information about the kind of company and job duties of the borrower. Closer look at the list of documents available at the bank site Delta credit.
Number of banking offers is tremendous. Banks react instantly to changes in the automotive market and make adjustments to their lending programs. Ignorant, in this case, a man to understand and choose according to the present, profitable bank’s program is very difficult. In turn, design auto loan also requires completion of a large number of documents. Therefore, assistance and specialist advice essential. Mortgage broker – this is specialist in lending.
First of all, it provides a necessary service and acts as a financial consultant. Some firms function performs a credit broker credit department. As the official partner banks, he is a kind of intermediary between borrowers and lenders, and has some advantages over ordinary fellow citizens. At the same time he works with many banks, and is familiar with their conditions car loans, so by appealing directly to him, do not have to go to banks, to communicate with bank employees to fill in many papers. Analyzing the market, it will come to getting car loan after careful consideration, calculate all possible, offer a reliable bank with profitable for the customer lending program. Such an approach would help avoid many surprises and troubles in the future.
The main objective of the loan broker intelligibly explain to the borrower all the nuances, all the obscure points of the loan agreement, the possible hidden charges, no noticeable at first glance, to calculate the true costs of the loan. He must collect the entire package documents to help the client to confirm the size of his income, after assessing its creditworthiness, and to calculate the desired amount of monthly payments. Attracting customers, the calculations performed credit broker is convenient for the banks providing the loan. Therefore, they in turn give some advantages to customers of the broker. For its customers, many banks are developing programs for the calculation of auto loan – credit calculators. According to him quite simple to calculate and compare the entire list of acceptable proposals. Lack of a loan calculator is that the calculation is performed only on individual bank formulas. And since banks constantly making changes in their program, then under certain conditions, credit and commissions calculation does not always accurate. When choosing a mortgage broker or loan calculator, ultimately, the choice is always for the borrower.
In addition, there is another problem – mortgage loans in foreign currency. Low interest rates in foreign countries (such as Switzerland or Japan) allowed our banks to hold a "cheap" money and respectively, to give their customers a lower rate. Banks grant loans in dollars and euros, roughly at 9% per annum in rubles – 10-12%, yen and francs – 5-7% per annum, and given the inflated cost of real estate Moscow and Moscow suburbs the borrowers did not have the loan amount in rubles on the Moscow housing, so willing to buy an apartment on the mortgage is nothing to do but take out a loan in exotic currencies. Due to the devaluation of the ruble payment on the loan has become much larger, so the probability of increase of defaults on foreign currency loans. Least of all borrowers have lost sources of income in foreign currency, the respective currency of credit. Therefore, the majority, that is denominated borrowing had to be a lot easier than the holders of loans in other currencies. "More than just" bad luck "get loans in Japanese yen. From June 2008 to February 2009, this exotic for Russian citizens of the currency became more expensive by 80%.
Following are the borrowers who received loans in dollars – the growth of the ruble value of U.S. currency over the same period was 52%, "- said Denis Remizov, head of product Managers BTA. Also complicated the situation for borrowers with floating interest rate that is tied to the situation in the interbank lending market and changes over time depending on the value of money, which has increased considerably. To help borrowers and reduce the number of defaults, the Russian government and HMLA developed a program to restructure mortgage loans. Get help from the state (credit for one year) for this program borrowers can only be, if they meet the requirements ARIZHK. According to market experts, the conditions are very strict. Thus, to qualify for public assistance for borrowers for the soul should not be no assets other than mortgage apartment, even with the bank.
Privatbank out an action to attract new customers and agents (all completely free of charge). Agent – a person who will attract new customers to the bank and pridlagat of products of the bank. For an agent receives a substantial payment. It does not matter whether you have a main job or not, you dispose of your time for yourself. You have no obligations to the bank. You yourself choose how much to spend time on the job. By the way for campaigning customer goes to 15 minutes, and pay an average of about 100 UAH (worth considering).
Privlikat can absolutely everyone: parents, relatives, friends, acquaintances and passers-by (the choice for you). Also, among all customers and agents are held Regular contests and promotions. Also, for agents organizovuyutsya special free courses. Everything is simple and easy. One has only to try and all will be dismantled quickly and, most importantly earn. And recall that Article Privat each agent can and it's absolutely free. Privatbank offers: to issue credit cards to attract agents to the issuance of mini cards, card issuing junior, on the issue of pension cards, issuing social security cards, issuing cards Gold and Platinum, for issuing fuel cards, payroll cards, the payment card.
Also produces Privatbank receiving payments from the population to pay for public services and taxes, grant a security mortgage and the cells in the vaults, car insurance and collateral credit and other services. Everyone is strongly encouraged to be partners of the bank, because at Privatbank wide network of branches and ATMs and you nebudet trouble finding the place where contact chto_by cashed his own expense. The Bank is renowned for its excellent staff and the ability to work with people. I chose Privatbank and recommend you to:)
Among the huge variety of credit offers from banks, an inexperienced person rather difficult to choose the best option. However, despite the complexity, making it certainly will. After all, you do not want pay more extra money, paying bank interest. Of course, the potential borrower is always a choice. For example, ask for help from financial adviser or mortgage broker. Of course, their services are not can be free. Otherwise, you can always, putting some effort yourself to understand all the intricacies of the credit relationship.
Of course, we must bear in mind that some types of lending, such as mortgages, require considerably more time and effort, rather than, for example, cash loans. In any case, you need to weigh all the pros and cons in order to choose the most optimal solution for you. That regards, cash loan, this type of lending is the simplest in terms of understanding its features. Therefore, almost any potential borrower is able to understand it. And for it to be easier to pay attention to several recommendations regarding this type of loan. In the first place to soberly assess their financial capabilities, namely, how much money you can safely to their budget paying bank. Pay attention not only on the interest rate on the loan, but the various commissions, since all it increases the cost of credit.
Ask the credit inspector calculated for you monthly payment previously told him about the desired amount. After that Relate this amount to your financial capabilities. Evaluate proposals from different banks, and only then choose the highest-credit program. Perhaps it said a thousand times or you've heard about it a little, but, nevertheless, once again the need for careful reading of the loan agreement. Typically, most problematic situation arises from the fact that missed some moments when signing the latter.
Here it is better to "dance" of the object. That is, first look for a house or estate, which would settle. And then see what kind of bank loans housing in it. The fact is, the bank will give money away is not under any new building, and under the unit – the ones where the builder has good contacts. This stems from the "opacity" of most business builders and developers.
Bank can be difficult to assess the risks, which, incidentally, and customer concern: whether dostroeno housing, which is collateral for the loan? And if so, at what time? Not bankrupt the company and not leave there and the tenants and their lenders with nothing? Incidentally, the very participation of the bank, and behind them the insurance company in its acquisition of primary residence can serve as a guarantee for the buyer – if so bankers agreed to lend the object its "primary", it means they are more or less sure that he would be in order. Question 2 says, sellers do not really want to deal with "mortgage" buyers. Is this true? And the truth is, 5-6 years ago it been a problem. And all because the banks had demanded from the customer's set of documents relating to the acquired property – far more than the package, which is required for normal transaction without the involvement of credit. Who was to gather additional information? The owners or realtors. And why should they bother, if it is so worth all of the customers with their own money? "Mortgage" applicant was refused or at best shell out and pay 1-2% of the purchase price, and maybe more. But now the situation has changed.
Do not have a certificate from tax? Then do not have illusions. Passers banks do not serve it. However, such programs do exist. Banks, and the truth declaring a mortgage without a down payment. But you need to take a consumer loan.
That is, the initial payment will still be. Only money is shifted from right to left pocket, and a much larger interest! C first glance, the difference is not obvious, but let's try to understand why the bank did not give a simple mortgage, without complicating the scheme, and not confuse the customer? How would say Dear Mr. rods: and let's try pozrit in the root. Why is all the banks rushed to issue mortgages? And why not so long ago, this mechanism worked with a large scratch. Consumer loans were given the banks themselves. They gave their money. AND risk themselves.
Mortgage is another matter! Mortgage loan itself is the subject of reliable collateral. And the banks were to use this mechanism on all cylinders. The bank issues a mortgage, and immediately under this loan, that is to your obligations perekreditovyvaetsya *** on the market of cheaper money. Your bank returns instantly. No risk, but still receives a percentage. However, the issue of lending is the bank itself acts as a street beggars. If he can not provide a convincing argument that you are creditworthy, then the security of your mortgage no one will give the bank money. What lending rules and regulations – is a closely guarded secret, but it seems that for those who will perekreditovyvat bank also needs serious guarantees. But such guarantees reliability of your loan is just the first installment! And you want to issue a bank loan without a down payment, but nemozhetsya – on such borrowers like you, it does not perekredituyut!. And then the risks will be responsible for yourself. What a banker in his right mind would agree to that!? But oh, how to get protsentiki want … Here and came to the aid of a cunning Mortgage and consumer shemka. The Bank issues potrebitelstky credit. You pay for his rabid interest. But in one window. Then the money will go to another window in which no one asks about the history of their origin. And so, according to the documents you no longer a bum off the street, but quite respectable man, who was able to save money, and therefore able to give all the rest. That means it can take an apartment on credit. Bank knows the price of your respectability, but whether it will be recorded in the mortgage agreement? In that agreement, under which the Bank in the interbank borrowing can get perekreditovku? The outcome for the bank just wonderful. Not only that, he gets to you interest on the mortgage. Moreover, it removes the risks. Not only did he quickly returns his money and then lets them in turn. The Bank also "inscribes" you into an expensive consumer credit, from which the additional cuts interest. And yet, in all honesty, it is still the bank is no risk. Remains the most reliable guarantee of your home. Which is easy to sell if you can not bear the weight of mortgage and consumer loans. We wrong? Then why the bank needs is a curve diagram? Why would a bank do not give a direct and simple mortgage. Without it, no down payment. Huh? Article from Satya: Mortgage without down payment
No, of course, bankers are sympathetic people, and are willing to compromise. Provided, however, that the first "compromise" to organize ourselves. In total, it is necessary for the banker's peace – that the room was perfect a security interest is clear. As little banker asks … To, to give credit to the room, his bail should move the whole apartment.
Repeat for the inattentive: ALL. Anyone with rudimentary intelligence ask: how is this possible if it is communal, and apartment lot of different owners? The answer: According to a banker – there is nothing easier. It is necessary, just something that the entire apartment before the mortgage was framed for you. Agree, a breeze. Go to neighbors and ask reissued someone else's house in your favor. Shine. Well, in a way, or … What? You will not go to the neighbors with such a request? Yes, yes, hear – you are afraid that the neighbors will cause a psychiatric hospital.
Logical. You would place the neighbors would have done just as well. And the bankers? Judging by requirements that push the banks … their enlightened financial brains that thought did not attend. The entire apartment – and a room credit. Breeze. That this "issue price". Just something that needed a banker-dandelion. Probably we are living, we in different dimensions, and somewhere out there in the banking reality all the neighbors happy to re-write each other their krvnoye meters and warrants. Well, something that we do in our reality? We in fact need a loan to a room. And not even a room – housing. Amiss would shabby "odnushka" But where to take it for a reasonable price. Thanks to the efforts of those same bankers and builders … While the apartment is not in your possession, the banker will not be able to give a room credit. And you can not to convince neighbors to give you an apartment. Impasse? Deadlock. So why do most banks offer mortgages rooms? Here on this issue is just easy to answer. Advertising. Credit for the room you still will not give, but also raised questions about credit the apartment. Perhaps strelnet. After all, the banker does not matter how you sleep you are burdened with much larger amount of debts for the apartment mortgage. Important to him – how he would sleep. And this is true. From the perspective of a banker. From the standpoint of legislator. And yet what a funny term: legislators … ps In fact, not all so sad. Credit for the room is still available. Without these bankers-Soviet encumbrances. The market is doing its job. There are a couple of banks and agencies have which is not very thick advertising budgets and are losing the battle for "delicious" borrower. These banks are forced to reduce their demands, and take the risk that if your financial difficulties with the sale room will have to tinker. There are quite a unique organization for what they are low and sincere greeting. Banks that do not work by themselves, but in close tandem with real estate agencies. Banks, for which the mortgage for a room in order of things. Alas, these bankers in our country, not much. Perhaps, in the same proportion as the honest MPs. But, believe me – they are there.