The most popular desire among modern youth is to purchase their own real estate. However, a negligible percentage of people can afford to buy an apartment for their own money. Most are forced to apply to various financial organizations. The most beneficial at the moment are considered mortgage conditions in Sberbank. They practically do not change over time. The institution offers its clients a really low interest rate, without a lot of hidden fees.
Terms of issuing a mortgage in Sberbank
At the moment, any citizen of the Russian Federation can apply to Sberbank for
a mortgage loan. The only limitation is the maximum amount of money issued. It should not exceed a threshold of 85% of the value of housing issued on bail.
Obtaining such a loan in Sberbank has the following advantages:
- lack of commission for the provision of credit or the usual consideration of the application;
- lack of obligatory life insurance of the borrower;
- an individual approach to each specific client;
- the possibility of obtaining a personal plastic card.
Mortgage terms in Sberbank: a package of documents
To acquire real estate in the framework of mortgage lending, the borrower needs to prepare two sets of documents. One is required when applying for money. It is on its basis that the banking organization will decide whether to issue or refuse to issue a mortgage program. The second package of securities is required directly for the purchase of housing.
To submit documents to Sberbank, the borrower needs to collect the following documents:
- certificate of employment (in the form of 2-personal income tax);
- an extract or a copy of the work book;
- an identification number;
- pension certificate ;
- application for a loan (is a kind of questionnaire);
- passport of a citizen of the Russian Federation;
- documents confirming the identity of the co-borrower or guarantor;
- a copy of the savings book with 10% of the cost of housing accumulated.
If you need to find out additional mortgage terms at Sberbank, a loan calculator will help you calculate them. However, in case of special financial difficulties of a personal nature, you will have to visit the nearest bank branch.
Mortgage terms at Sberbank: how to facilitate payment
It should be remembered that many programs are currently working in the Russian Federation, involving state assistance in obtaining and repaying mortgage loans. There are a number of benefits that various segments of the population can count on:
- military mortgage;
- program for a young family;
- maternal capital;
- governor program.
All of them can significantly ease the conditions of mortgages in Sberbank and help to get decent housing for young people. At the moment, the policy of the Russian Federation lies in the direction of providing housing to all citizens in need. Therefore, before applying for a program, you should ask if it is possible to get a privilege or a state subsidy when applying for a loan.