Circumstances of modern life do not always allow to accumulate a sufficient amount for their own housing, exit from this situation - Mortgage. But how to get it if the official income is small?
Modern life, constantly pushing the average citizen to take various kinds of loans. These can be consumer loans, or other amounts taken to purchase appropriate products. The largest amounts that are provided to customers are designed to purchase housing, both primary and secondary. This type of loan is called mortgage, it is issued to solvent citizens under a lower percentage in comparison with consumer lending. To get such a loan, it is necessary to have a sufficient monthly income, otherwise a credit institution may refuse to provide funds.
In the case when the monthly income allows you for a long time to pay credit obligations for a long time, but you cannot confirm such an income, you can not always definitely refuse the mortgage. The question of how to get a mortgage with a low official wage, torments many modern minds of citizens.
So that this question does not remain unanswered, it is worth dealing with what actions will help get the desired loan from the bank. However, before contacting the credit department for mortgage lending, it is necessary to understand and whether you can decide for yourself for a long period, every month make the required amount.
There is no accurate wage values \u200b\u200bto take a mortgage, as there are many additional points here. Sometimes you can meet the minimum wage barrier, in which it is possible to provide a loan, thirty thousand rubles. However, this is not an accurate digit. First of all, the analysis of potential expenses is carried out: payment of apartments and utilities services, public transport, purchase of food. Based on all this, the final amount is built that the borrower will be able to pay monthly.
In the case when the lender seems that the client will not be able to simultaneously pay a loan and leave funds to living, it will be denied a loan. If, according to the creditor, the client will be able to pay a loan freely, then he will be provided. In this case, we are talking about official income.
In the case when there is no possibility to provide official confirmation of your income and salary gray, some difficulties arise.
How to get a mortgage loan with gray pay
If you have no opportunity to confirm your income officially with the help of Ndfl-2 reference, you should not despair. To date, banks provide for the possibility of confirmation of income on a special form. In this case, each credit organization has its own form. If the lender provides you with such an opportunity, then in this form the employer indicates your wage, confirming the data by the signature of the head and the seal of the organization. However, not all credit organizations go to such concessions, since this moment can lead to certain difficulties in the future.
Extract on a settlement account
If the salary is unofficial, it can be confirmed by the presence of bank statement from your current account. In this case, it is recommended to seek a loan to the bank where you are a client. In other credit institutions, such extracts will rarely be taken into account, and the loan will not be provided.
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In some cases, your permanent expenses for a long time can be taken into account in the course of a long time, but it is hardly possible to obtain funds for mortgage lending.
Confirmation of additional income
In the case when the official salary is small, many lenders can take note of additional options for earning money from their customers. In this case, informal income must have its own confirmation. Modern credit organizations can note another embodiment, which the client receives one of the following ways:
- Conducting a lease of any residential property from customers.
- Additional income received when using utility farms by the client.
- Any financial assistance provided for the client relatives, but provided that funds are credited to the existing account in the bank.
- Deposits in bank accounts, from where interest comes from each month.
Mortgage guarantee
It is possible to take a loan with a small salary in the case when the client is in an official marriage. If there is such an opportunity, the organization where the client is trying to get a loan, not only the client's income will be considered, but also the wages of the second member of the family in marriage. If the lender arranges everything, then the spouse or spouse will act as a coacher. That is why, receiving a mortgage loan, it is recommended to conclude a contract to the face whose income is greater.
In addition to spouses who are married, other relatives can also act as coaches, but provided that you live together. Here we are talking about children or parents. In the case of parents, their age may affect the maximum loan period.
The guarantor upon receipt of the loan can also be a legal entity, in this case the employer. There may also be another guarantors whose income will be able to cover the amount of payment with the difficulties of the client with payment.
Two documents from the client to take mortgage lending
In some cases, credit organizations go towards customers and provide a loan without taking any confirmation of existing income from the client. Most often, this opportunity is advertised, as a loan, which can be obtained only if there are two specific documents, in this case, the borrower is enough to have a passport of a citizen of the Russian Federation and another document that will be requested by the Bank. Such programs have some drawbacks, namely:
- First of all, it is a strong overestimated interest rate, which often scares borrowers.
- Usually, an initial contribution is required for such a program, which will cover up to 40% of the value of the acquired object. This amount is not always available in the presence of a medium-term citizen.
- In addition, such lending is less period than by the usual program.
At the moment, there are the following proposals from banks:
- Social provision of a mortgage loan. In this case, the preferential program is designed for individuals, which are in line for the receipt of residential areas, due to the lack of conditions for living.
- Mortgage lending for the armed forces. Such a program is designed for persons who are as part of the armed forces for more than three years. Throughout the service life, they receive certain interest on the settlement account, which in the future can be used as an initial fee for the purchase of housing.
- Mortgage lending credit program for young families. In this case, there is one basic condition for which one spouse has reached the age of 35 years. Such a mortgage is available for citizens with a small official salary. A similar loan is issued to spouses who need housing, due to its absence. Here the state provides a certain subsidy, the amount of which covers up to 40% of the value of the purchased property. These funds act as an initial contribution.
- Also, some banks launch certain preferential mortgage lending conditions for their regular customers. Persons who are constantly serviced by them.
