I want mortgage loan

We say a mortgage. We read articles about mortgage loans. We're talking. We are about and wonder - and maybe this year I decide? However, when the time comes to decide its mortgage and taking out seem to be too complicated for our head. Image documentation and slander issues, and an idea of ​​the loan repayment for the next 30 years seems to be unreliable and derogatory. And at this point you must stop his restless mind and start to plan investments. Step by step procedure will brighten any doubt, and the proceedings in accordance with it walks you through the process of applying for a mortgage swiftly and effectively.

Mortgage borrowing procedure looks in a similar manner in all banks, so just follow according to the following points:

I. Find the property.It is worth finding your dream flat or house different types of websites (for example gratka.pl), or start working with real estate firm. Of course, this applies to those who have no intention to build a house. Property information is extremely important for the bank, so no credit can be found to only apply for an SBA loan, the approval of the confirmation of income.

II. Sign a preliminary contract with the seller apartment.Although signing a preliminary contract is not necessary at the beginning, but brings with it many benefits. First of all, obliges to respect the terms of the agreement - so the seller did not raise prices in the case of the long procedure of obtaining a loan and can not find others interested in buying a home. Preliminary agreement could be concluded before a notary or it may be an ordinary civil law agreement. Both of these agreements must include particulars of the parties, the transaction object, price and method of payment and time of the main contract of sale.

III. Complete the loan documents.The bank's decision regarding the granting of a mortgage largely depends on the collected documents, so this step can be regarded as the most important in the whole process of applying for a mortgage. At this stage, working closely with the bank or an independent credit counselor. It should be prepared to report non-standard documents, which may ask us to credit analysts. It is worth to find out what type of documents can be taken into account and attach them to a standard set of data.

IV. Make a loan application.Since our consultants will get an application to be completed and attached to it all the application documents. Then the data set are given to verify the bank.

V. Wait for the credit decision on the request and attach additional documents.At this stage, may be issued a conditional decision, report or request for additional documents. If you have przewidzimy what type of custom documents will be required to have a chance to save up to several days. The decision may be positive, negative, or make the following additional conditions are met. When everything is taken care of the bank can begin to prepare a loan agreement. Note that you can refer to the adverse credit decision. By contrast, most banks' reserves the right to reject loan applications for any reason.

VI. Sign a loan agreement with the bank.After a positive decision, usually within a few days following the signing of loan agreement. But before we sign we should get a copy for review and verify the information agree with that contained in the decision. When signing the contract target, check its content and records relating to the attachments, such as credit terms, a statement of submission to execution, a statement to the court, insurers and others.

VII. Sign transitional protection.
Some of the banks signing life insurance documents, from job loss and real estate. However, with the signing of the loan agreement establishes a transitional security - and security bridging the missing contributions.

VIII. Create an account ROR.Usually the same day, when we sign a loan agreement, we must assume clearing and savings account. Only a few banks that do not require. It is from this account, the bank will charge a loan installment.

IX. Go to the notary.In order to sign the deed, which confirms the transaction for the sale, visit a notary public in most cases. Exceptions are situations in which borrowers finance the purchase of an apartment from the developer, cooperatives or economic way to build a house. If you buy a property under construction, the signing of a notarial act only after putting surface to use.

X. Remember the security target.
A mortgage is a secured loan and is registered in the first place in the land register. Banks before you start the loan require a court application for entry into the mortgage when the land register is unloaded. Another proposal concerns the cancellation of mortgages and other bank entry in the current mortgage refinance loan at another institution. The third situation is an application to the court on the assumption of the mortgage book and entry into mortgages for apartments directly from the developer or co-operative. These activities can have our notary. Both the bank and the borrower will be notified by mail of registration in the Land Register. After two weeks the borrower should receive the current entry from the mortgage book and deliver it to the bank. In the next month, the bank shall cease the collection of bridge insurance . At that time, you can apply for reimbursement of bills establishing temporary protection.

XI. Start your funds.You have to make to the payment of funds to get it. The document must be included the signatures of all borrowers.

In truth the description of the procedure may seem long and time consuming, but brightens up many points of contention, and mobilizes action point by point. When you follow the above-described procedure of applying for a mortgage, we have a good chance of quick and easy to obtain a favorable decision from the bank.