Wednesday, May 13, 2015

Easy and fast rendering mortgage

Mortgages without a down payment autotrans (the Savings Bank)
At present, the purchase of housing with a mortgage lending is becoming more popular. The benefits are indisputable mortgage, although this scheme autotrans and has certain disadvantages. autotrans In particular, not all potential customers of the banks are able to make at the conclusion of the contract the initial payment, which can be very significant.
In order to provide access to credit for housing persons who are not able to immediately make a significant amount, it proposed a new type of mortgage loan - a mortgage with no down payment. This credit is available to customers for the purchase of housing on the secondary market, and the client must have sufficient funds to repay the loan and own property.
But while banks are reluctant to include in the list of services to provide mortgage autotrans loan with no down payment. These conditions are very attractive for borrowers are too risky for banks. If the borrower becomes insolvent, the debt repayment autotrans carried out through autotrans the implementation of real estate collateral which is in accordance with the contract. But the fall in property prices leads to the fact that the collateral property can not fully repay the debt - the bank loses. Often, mortgage used to invest in real estate, in which case the risk for the bank becomes extremely high.
Terms of mortgage without a down payment can be risky in some aspects to the borrower. First of all, according to the contract the borrower provides as collateral property, which is in his possession. That is, in case of insolvency of the borrower puts out a loan due to the implementation of real estate collateral.
Mortgage loans secured by existing housing autotrans provides customers autotrans with the bank "Revival", with the value of the loan is the full cost of purchased housing, but can not exceed 90% of the value of real estate collateral. Providing two loans at the same time offers "Absolut Bank". Loan terms are as follows. The size of the first loan does not exceed 90% of the value of the collateral property, the initial payment is missing. The second autotrans loan - with an initial contribution, for 3 years.
For a complete list of banks offering mortgages autotrans with no down payment, you can visit Mortgage autotrans banks (pre-select the location of the bank, ie the city).
Records relating to: AHML (Agency for Housing Mortgage Lending) size of mortgage loan insurance through mortgage Mortgage Savings Bank of the Russian Federation. All the delights of mortgage refinancing Comments (1) on "Mortgage autotrans without down payment"
Easy and fast rendering mortgage


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