In one of the mortgage brokerage companies turned a lonely man to help get a loan to buy an apartment. It would seem, is not an enviable than the borrower? He and a rather high `white 'salary, and Moscow check-in mother's apartment. But that's only been married twice. And in both families had left a total of four children. Almost all banks, mortgage brokers who applied, was considered a risky borrower, and denied credit.
Take a loan and decide to their housing problems. Only when the pudding itself solve the problem this way, you'll understand that mortgage lending is not available to ordinary people, as the peak of Everest. Even a very decent salary in the $ 1500-2000 does not guarantee a loan sufficient to purchase housing in the capital. But there were good people and advised several schemes for getting a mortgage even with not the highest income. What I hasten to share.
Buy an apartment in Moscow today with his own money can afford one. The rest have to go to the bank for a mortgage loan. However, the increase in prices for apartments in Moscow and Moscow region in recent times is so rapid pace that the apartment you are going to buy may significantly rise in price even during the time of processing the loan. The prices of apartments have already exceeded the cost of expensive mansions in the suburbs.
In late summer in the capital held a public poll, one of which was related to the Muscovites to the mortgage. It was found that one third of respondents ready to take a mortgage to improve their housing conditions. This demonstrates not only the level of awareness among the Muscovites, but also a certain level of income. Mortgage lending population as a tool purchase housing only works when citizens have definite starting savings for a down payment and a stable income to repay the loan over a sufficiently long period. Throughout the country today, only about 10% of the residents can acquire housing on a commercial basis, including through mortgages. However, the RF Government aims to bring in 2010 the proportion of citizens, for whom buying a home - it is the real deal, up to 30% of the population of Russia.
In France, for example, about 1 / 4 of all consumer loans granted by banks and 3 / 4 - specialized credit institutions. But since the latter receive their funding to a greater extent through bank loans, the actual 9 / 10 the entire amount of consumer credit provided by banks. In some countries (Norway and Denmark, for example), people give out loans to state savings banks with very low (1-3%) percentage of service to them. In this way the authorities try to stimulate economic growth.
5,5 million square meters of housing, or nearly twice as many compared to the year 2000, will be built in Moscow in 2006. Told at the III Conference of the estate of Moscow region, Housing Minister Eugene Seregin. The gain marked, but still ten times inferior to the demand for housing. Experts believe that the company "MIAN-Real Estate", the middle class are increasingly forced to buy an apartment in the area. If last year they accounted for 5 percent of purchases, which could take place in Moscow, now has three times as much. The explanation is simple - the price of apartment-new buildings on the outskirts of Moscow and exactly the same in the near Moscow differs by 30-50 percent.
Rising prices for apartments in the capital and major cities has led many in a different way to look at the country estate. Practitioners experts note the emergence of new trends in this market: a dynamic growth in the number of mortgage transactions.
Russia's banks do not issue target housing loans in the near abroad. But you can make the "workaround" to borrow or apply to creditors at the location of housing.
On Russia's mortgage market may be a repetition of the American scenario, where the majority of borrowers were unable to pay rent. Such concerns have made a number of mortgage bankers. On the impending crisis is evidenced simplification of credit conditions and rising defaults.
Russia threatens a crisis in the mortgage lending market. Due to the fact that banks make it easier credit terms, loans are unreliable borrowers, and a growing number of defaults. This can lead to bankruptcy of banks, as happened in the United States. Such an assumption is made chairman of board of bank "Delta Credit Igor Kuzin. Market participants do not share his concerns: the volume of loans are growing, but banks tend to monitor the quality of borrowers.
