Mortgage for 2 documents: a simple scheme of complex lending

Mortgage opens up new opportunities. This type of lending allows you to purchase long-awaited housing on favorable terms. In order to issue a mortgage, it is necessary to collect a large package of documents, and to wait a long time for a decision. Now banks have simplified the scheme of obtaining a loan. In some banks mortgage on 2 documents issued Such a bold decision allows you to get new clients, expand the client base, and increase lending volumes.

Features of the new mortgage

Not every client agrees to collect a large package of documents, wait a week for the application to be considered. Some need to get a decision and a day as quickly as possible. To implement this opportunity, some credit organizations decided to issue mortgages based on two documents. The first document is a passport. The second document can be any at the request of the bank. It can be SNILS, income certificate, TIN, foreign passport, military ticket or another type of document.

The simplified credit scheme is aimed at potential consumers who cannot quickly collect the necessary documents. Such borrowers include:

1. informal workers;
2. citizens, arranged according to TC;
3. for those who receive a salary in an envelope;
4. for employees whose main office is located in another city.

Lending terms

When issuing a mortgage based on two documents, banks impose a number of requirements on the borrower.

1. The future client of the credit organization must pay a large part of the funds for the property in the form of an advance payment - at least 40% of the cost. The presence of a large amount acts as a guarantor of the client's solvency, and also acts as a reducing factor in case of possible risks.
2. The borrower receives a salary on a bank card by participating in the salary program. For such clients, banks can go to a meeting, offering flexible credit terms.

To get money for the purchase of a real estate object you like, you must:

1. make the first payment in the amount of 40% of the real estate value;
2. be ready for the fact that the interest rate will be higher than with a mortgage under other programs;
3. the loan repayment term is shortened, not extended for tens of years, as in the case of the usual variant of registration.

You can get a mortgage based on two documents in different banks, even in the largest ones. The client only has to find the most convenient option and draw up a mortgage agreement with a credit institution.