||The nuances and subtleties of buying an apartment in the mortgage. When purchasing a home under a mortgage agreement, the buyer needs to examine in detail several subtleties of the mortgage and understand the nuances of the contract with the bank. In the mortgage, you can buy primary and secondary housing, in each case has its own characteristics. Applying to the bank The first step to get a mortgage is to apply to the bank. Familiarize yourself with the current mortgage programs, choose the most favorable interest rate and the terms convenient for you. When you apply, you will need a basic set of documents: a passport. The original will be required, a copy will be made in the bank. If the borrower is married, you must also provide a certificate of his conclusion; employment history. Continuous experience of six months is mandatory conditions for obtaining a mortgage in most banks; certificate of income. In addition to the standard form 2-NDFL, you can provide papers confirming other income. The application is reviewed for several days, after which the borrower receives approval or waiver. The bank is not obliged to report the reasons for the refusal, therefore, it is advisable to check the credit history before submitting the documents. If the application is approved, the borrower needs to choose a suitable apartment for a certain period (usually several months). One of the nuances of the mortgage: the bank does not lend any housing, it must be liquid for a quick sale in case of non-payment of debt. Collecting a package of documents When a suitable apartment is selected, you must collect a complete set of documents for real estate. The bank checks the technical and registration documents for housing, you will also need to get an extract from the USRN. One of the subtleties of the mortgage, compared with other types of lending, is the need to conduct an assessment procedure. It is necessary to contact an organization accredited by the bank, pay for its services and receive a document that indicates the exact market value of this object, taking into account all factors. On the basis of this document, the bank provides an amount sufficient to purchase an apartment, taking into account the initial payment. Insurance To obtain a mortgage, the borrower must also conclude a contract with an insurance company. It is necessary to insure the housing itself from fire, explosion and other accidents, and the borrower's life and health insurance is often required. If an insured event occurs, the bank will receive compensation for insurance, after which the mortgage is considered to be repaid. Payment process When buying an apartment in a mortgage, there is a nuance even in the settlement process itself: the bank provides two cells, in one of which the money of the bank is placed, in the other - the money of the buyer. After registration of the contract of sale and registration of property rights, the seller gets access to the money, and the buyer becomes the owner of the apartment under the pledge agreement. Two cells are needed in case the transaction suddenly breaks down: in this case, the buyer will simply withdraw his part of the money without access to bank funds. Professional help If you need a mortgage, the nuances of its receipt must be studied in advance. And this will help you the services of the lawyers of the project "APARTMENTS". Our employees will help to collect the necessary documents and carry out the full support of the transaction, so that you are sure of its legality, you can save your money and time. Using our help, you can very soon celebrate a housewarming party in your own apartment!