The last few years, among other bankingprograms on demand in the broad strata of the population, mortgage housing loans are sure to come first. And this is not surprising, because everyone dreams about the roof over his head, who does not have it, and he who has one wants to get more square meters at his disposal. Banking programs make it possible to realize all the dreams of a residential space, therefore, the volume of mortgage housing loans issued grows from year to year. But there are still a lot of people who know about the rules for providing mortgages only on the stories of acquaintances and stereotypes in the society.
Support is provided
To provide the population with opportunitiesacquisition of housing, various programs were launched, for example, the restructuring of the mortgage housing loan. Different banking structures offer different from each other, but quite favorable terms. The state helps those banks that cooperate with the population for mortgages, parent capital. At the state level, there is a project in which Russian citizens are able to purchase housing on more favorable terms.
The government did not leave the issue without attention.An organ working with banking structures was formed. It is called AHML - a mortgage lending agency. In addition, the Agency for the Restructuring of Housing Mortgage Loans also operates. There are regional structures, various mortgage centers operate. All this allows people who take out a loan for housing today to be confident in the future and that they will be able to pay off their debts even if the economic situation changes.
Present and Future
Currently, indicative estimates of the mortgage market inRussia - about 400 million dollars, but potentially the development is possible not less than to a level of 30 billion! This means that the terms of the mortgage assistance program will interest people more and more. Banks, in turn, can count on increasing the volume of transactions.
Statistics clearly demonstrate that a mortgage -this is the most acceptable, real way of buying a home. This applies to all regions of the country without exception. It can be safely said: without the Sberbank mortgage housing loan, many families of those who have a roof over their heads today could not afford to do so if they operated only with funds self-accumulated in a conditional glass jar.
Mortgage: a panacea for all ills?
Despite the current programthe restructuring of mortgage housing loans, the abundance of bank offers and really beneficial terms of a number of reliable financial companies, experts urge to be cautious. It is impossible to consider a mortgage as the only possible solution to the housing problem.
From the point of view of some scientists, onlyprocessing at the root of the current market and the creation of a more efficient structure from it will reduce the difference between the profit of the townsfolk and the price per square meter. Call through the mortgage housing loan and other programs to create a basis for such a market for a new society. Trends in the development of housing loans in Russia in recent years generally meet the requirements of these scientists, but there is still room for improvement. A truly effective program will become when the economic situation in the country will be stable.
Difficulties and problems
Why help on mortgage housing loans are notcan solve problems with housing in each family? The main reason is precisely the instability of the economy. In Russia, the judicial, legal, banking systems are not yet sufficiently established. And to this day interest on credit programs is sky-high, and there are no guaranteed rights to housing. The prices are speculative, the housing sector is virtually isolated from the country's economy. Some experts make bets on a system of lending of one level as the most simple, effective, applicable in existing realities. Its features are the exclusion of insurance, the simplicity of the applicable rules of law.
State program of assistance on mortgagehousing loans has become an important support for the banking system and the townsfolk, who need a roof over their heads. There is targeted assistance, which, together with a long-term mortgage promises to become an important element of housing policy in society. But for this purpose, the laws of the country need to include items that clearly regulate mortgage housing loans, their conditions, including those applicable to those segments of the population that are considered to be socially unprotected.
It is necessary and important
The most effective way of development of housingmarket - it is targeted assistance from the state. Experts say that it is necessary to introduce new benefits that allow obtaining a loan or repay it under simplified conditions, it is necessary to introduce subsidies and index loans in order to simplify the task of the landlord to pay debts.
Reasonable suggestions are to stimulateobtaining mortgage housing loans through the tax system. Others also propose to promote the practice of accumulating money in the society and even encourage those who are especially successful at coping with it. Finally, it is necessary to develop several mortgage programs, so that citizens can choose what suits them the most. Only the state is able to think through, work through and implement all of this.
Mortgage lending: it will be easier
You can count on changing the situation withpurchase of housing loans, if we can stimulate demand for banking products in this area, which should be supported by adequate choice of property on the real estate market. At the state level, it is necessary to introduce a system of risk management and improve the tax laws of the state. All this, coupled with the increased availability of mortgage programs for the general public, will increase the demand for financial companies' offers.
Real estate professionals say thatthe most successful will be used (and already use) specialized credit programs targeting narrow groups of people. For example, these are mortgages for military or young families with children, those who rely on maternity capital. As for the latter, it is a rather controversial issue. The program is good in its idea, but its realization leaves much to be desired. It is necessary to introduce a number of clarifications into the existing laws, which will make it more effective.
Debt with the debts, saving the last pants
In recent years, it has become increasingly common thatmortgage for the family is an unbearable burden. For example, one of the spouses is deprived of work and for a long time can not find a new one, but the loan has already been taken and payments must be paid on time. Do not get into the debt hole and not be left without a penny (and even without a roof over your head), if you use the loan restructuring program. It operates only for customers of banking structures, who are in a really very difficult life situation.
Through restructuring, you can save the roof overhead, while reducing the amount of payment per month. You can get access to preferential programs or even sell an apartment, the mortgage on which turned out to be unbearable, and buy something cheaper. It is important to preserve the quality of credit history.
How to use it?
To initiate a restructuring, you need toapply to the mortgage issuing company or to the intermediary firm (realtor). The first option seems more reliable, but not every financial structure is ready to meet the client. The most difficult to get refinancing, when the expensive apartment is too expensive to sell, to buy something cheaper.
Cooperation with the intermediary can be simpler,more profitable and even cheaper. Agents examine housing, believe that the price of real estate exceeds the amount of debt, find willing to buy and offer the client something cheaper from their base. In this case, the client can take a more advantageous mortgage loan for a new home or even pay off his own savings, if possible. That is, with the safety of the roof over your head, you can significantly ease the burden of monthly payments.
Restructuring: bank offers
What offers can you expect from bankingworkers, having addressed in the money which has given out for purchase of habitation the company? The first option is to reduce the amount of the monthly payment. At the same time the loan repayment period is growing and there is more overpayment under the program.
Many banks offer credit holidays.This term assumes that the client pays only interest on the loan during the period negotiable in advance. However, here the situation is similar - the time interval is stretched, why overpayment increases.
Finally, they can offer refinancing.This means that the client receives a new loan, the terms of which are better than the current one. Such a program can be requested not only in your bank, but also in a third party. The funds received under the program are directed to the first loan, they are extinguished at once, then they gradually pay off on a new debt.
Banks: many options
In addition to these restructuring programs, there areSome suggestions that allow the client to pay off his debt in a simplified manner. For example, if the economic situation is unstable and is accompanied by a strong fluctuation in currency rates, the bank may offer to the client to change the currency of the loan. With the right approach, this helps to reduce payments.
Some banks remove fines, fines, forgiveamounts accumulated due to late payments. You can also repay the mortgage program ahead of schedule. In this case, the client saves on overpayment, but it will not be possible to resort to early repayment if the circumstances are force majeure.
Agencies: all in pursuit of a client
Real estate companies benefit from people goingit is to them, therefore, such firms are doing everything possible to attract those who want to pay off their mortgage, replacing housing for something cheaper.
When applying to the agency will have firstmeet with experts. They will evaluate the housing, form an official conclusion, on the basis of which the company will decide whether to engage in a problem house or it is too risky. If the valuation is more than the debt to the bank, you can count on productive cooperation. Agents are looking for a buyer at home, and the money that the seller will receive is sent to the bank, closing the loan. Some funds may remain at the client's disposal. They can be safely directed to buy a new, more modest housing. Find this will help the agents of the same company.
