Investigation of the mortgage market

In general, in the first quarter of 2011 compared to fourth quarter 2010, average mortgage rate of the ruble in Russia fell by 0.35 percentage points and is 14.99% and the mortgage in dollars - 0,2 n . n. to 12.68%. We'll see how reality is reflected in general statistics. For example, Alfa-Bank on March 25 lowered the rates on its two mortgage programs at the 0,5 - 2 PP depending on the category of clients. Bank "Revival", in turn, lowered the rate on the purchase of an apartment in a newly secured by the existing dwelling by 1,5 percentage points, and the base rate now stands at 12,5% per annum in rubles. Also, a project finance bank has lowered rates on mortgage programs, and they ranged from 8% in dollars and from 10.75% per annum in rubles. Spur a rate reduction, firstly, a fast growing competition among the banks involved in mortgage products. Secondly, had a significant effect of excess liquidity of banks. In addition, the development of a hand in the mortgage and government programs to improve housing conditions. Already some banks offer mortgage loans, taking into account mother's capital (for example, VTB 24). There are great offers, the so-called "Military mortgage. It is safe to be hoped that such socially-oriented mortgage loans will become more and meet them will be available in a wider range of banks. In addition, the vice-president of the IBRD Maxim Korotkin explains the drop in mortgage rates lower the cost of resources for banks, as well as the fact that good borrowers is small, so competition between banks is due to rates. On the other hand, it is no secret that mortgage rates are directly related to the proposal on the market. Analyze the cost of housing in Russia in general is very difficult, but the metropolitan region is, like, a barometer and "legislator" of trends in prices. And that's what we see on the background of the general rejoicing over the lower interest rates on mortgages. In 2011, rising real estate prices. So the cost per square meter of housing in the metropolitan real estate market has increased on average by 4.1% and currently amounts to 2,462 dollars per square meter. m, and the ruble increase in the cost of 2,4%. However, in fairness, it should be noted that despite the rising cost of apartments, sales also increased. Several reasons for this - is restored economic stability the country as a whole and in the banking environment, as well as people's incomes; purchasing power of Russians are growing, there is a demand for home purchase, while the "frozen" during the crisis are beginning to revive construction, and the proposal , both the primary and secondary markets, increases in proportion to demand. And, of course, an essential attribute and a tool for such an increase is a mortgage. Studies show that a typical portrait of a potential borrower on a mortgage - a man 30 - 45 years with higher education, stable income, married and possibly having a child. But do not despair if you do not fall into this category of citizens. The main factors, which assesses the bank when applying for a mortgage loan are: - The age of the client at the time of referral to the bank and at the time of the loan - work experience - citizenship - education, - the guarantors (usually not needed) - co-borrower (usually no more than 3 people). Depending on these and other factors, the bank determines, firstly, the possibility of a positive decision on granting a loan to such customer, and secondly, by what percentage, and on what terms. The crisis forced the banks and the borrowers more carefully evaluate and weigh their opportunities for lending. Therefore, an important role for obtaining a mortgage loan is credit history. Of course, most importantly, to the credit history was not overdue and outstanding loans. The value has everything - even if bought shoes on your credit card has long worn out, and cards for students and not paid - this outstanding debt reflected in your credit history and from the bank issuing the mortgage will not escape. On the other hand, the presence of positive credit history can significantly help improve the conditions of the mortgage - to reduce the interest rate, extend the loan or reduce the amount of down payment. "The crisis showed the need to adhere to strict rules to comply with the necessary balance of risks. Possible as soon as possible to attract a large number of customers who do not have enough money for a down payment, but we should understand that such loans are likely to become problematic, "- argues Michael Voron'ko, Head of Marketing Bank Uralsib. Aanalitiki and experts agree that in 2011, expected positive trend in terms of mortgage loans, including by increasing effective demand. Andrew Cucumbers, CEO of subsidiary Bank Societe Generale Vostok (BSGV) in Rostov-on-Don, said: "Demand is growing at a good pace, it allows you to make optimistic forecasts for 2011 - a doubling (at worst) in lending." On the other hand, says Timur Aymaletdinov, Head of Financial Research NAFI: "If in 2007 the mortgage was available 10% of Russian citizens, at the moment only 7% of Russians can afford to take a mortgage, despite the significant reduction in mortgage rates . Indeed, mortgages are still quite expensive and hardly accessible, but both the state and banks tend to do everything possible to improve the "mortgage climate, growing popularity of mortgage programs to the public, as well as fracture of consciousness that is life-long bondage. Banks today offer a wide selection of mortgage programs - a secondary or primary market, in various currencies and at different times. It remains to analyze and consider the nuances regarding the mortgage terms (for example, is there a fee for providing credit, the commission for early repayment, etc.). The choice is yours. Number of bank mortgage programs Downpayment Loan Term Loan currency rate loan Real Estate Market Collateral Proof of income term of the application DeltaCredit 9 0% - 50% 7-25 years old rubles and U.S. dollars 8-12,5% of the $ 11.25 - 16.5% in rubles. primary or secondary acquire or possess property certificate in a form 2NDFL or in the form of the bank 3-7 days Absolut Bank 3 10 - 20% 1-25 years old Russian Rouble 9.99 - 18% of primary or secondary acquired property 2NDFL or in the form of the bank up to 3 days Rebirth 6 of 20% 3-20 years old rubles, dollars, euros 11-14% by now., 9,5-11% in dollars and euros. Secondary acquired property 2NDFL or in the form of the bank 5 days Bank Intesa 6 of 20% 3-20 years old rubles, dollars, euros 11-14% by now., 9,5-11% in dollars and euros. Secondary acquired property 2NDFL or in the form of the bank 5 days, Alfa-Bank 6 0-40% 5-25 years old rubles, dollars 13-20,5% by now., 10-17,5% of U.S. secondary, primary acquired or Featured Properties 2NDFL or in the form of the bank, accounting and tax reporting, data management report up to 5 days VTB24 12 0-20% 5-50 years old rubles, dollars, euros 8-16,6% in rubles., 7,45-12, 05% in dollars and euros. primary or secondary acquire or possess property reference 2-PIT, or in the form of the bank up to 14 days Gazprombank 13 0-20% 1-30 years old rubles, U.S. 11-15% by now., 10,5-13% of U.S. primary or Secondary acquired property; Optional: a guarantee of third parties, the pledge of securities, a pledge of movables and other property of the Help 2-PIT, or in the form of bank from 3 to 7 days Globexbank 3 10-70% 3-30 years Ruble 9,75-14,5 % of primary or secondary acquired property information form 2-PIT 5-10 business days for European Trust Bank 3 10-70% 3-30 years Ruble 10,5-16,0% of primary or secondary acquired property information form 2-PIT 3 - 5 days 8 Zenith 15-30% 1-30 years old rubles, dollars 12-15,5% by now., 9,5-13% of U.S. primary or secondary acquired property reference 2-PIT, or in the form of the bank to 10 working days CREDIT EUROPE BANK 4 0-20% 3-20 years old rubles, dollars 11-22,5% by now., 10-19% of U.S. secondary acquire or possess property For employees: Help 2-PIT, Help in free form from the employer; For business owners, individual entrepreneurs: a statement for a 3-Personal income, current financial documents on business, management reporting is different in each case, the IBRD 4 10-70% 3-25 years Ruble 11,5-14% Primary or Secondary acquired property reference 2-PIT and the shape of the bank 5 days Credit Bank of Moscow in 1912 0-10% 1-30 years old rubles, dollars, euro loan rate is set individually by a primary or secondary acquire or possess property 2NDFL or in the form of the bank 5 days Independent Construction Bank 4 30-50% 3-17 years, up to 5 rubles, dollars, euros - 17% of RR, 14% in dollars and euros secondary, primary acquired property information form 2-PIT 10 working days Petrocommerce 1 0 1-30 years Ruble 11,5-12,5% Secondary acquired property reference 2-PIT, or statements of "salary" bank card account opened in OAO Bank Petrocommerce no data Raiffeisenbank 6 0-25% 1 - 25 rubles, dollars 11,75-15,25% in rubles., 9-10,75% of U.S. primary or secondary acquire or possess property reference 2-PIT, or in the form of the bank 10 days RosEvroBank 18 0-25% 1 -20 years old rubles, dollars, euros 11-16,5% by now., 9,5-14% in dollars and euros primary or secondary acquired property information form of the bank up to 2 working days of Russian Mortgage Bank 5 0-10% 0,2-30 years rubles, U.S. 9,75-19% in rubles., 9-11% of U.S. primary or secondary acquired property information form 2-income tax or tax return of an individual entrepreneur 2 days TransCreditBank a 20-70% 1-15 years Ruble 13-16% on initial stage of construction - guarantee BUT Foundation Zhilsotsipoteka; upon completion and registration of property rights - security of premises information form of the bank up to 5 days Rosbank September 0-20% 1-25 years Ruble , U.S. 11-21% by now., 9-18% of U.S. primary or secondary acquire or possess property reference 2-PIT, or in the form of the bank up to 5 days, Sberbank of Russia in 1911 0-15% 1-30 years old rubles, dollars, Euro 9,5-15,25% in rubles., 9,1-14,5% in dollars, euros primary or secondary acquired property, as well as other types of security information form 2-PIT up to 12-18 working days Societe Generale East 1915 0-30% 1-25 years old rubles, dollars, euros 11,5-17,25% in rubles., 9,25-12,75% to U.S. $ ,8-14, 4% in euros. primary or secondary acquire or possess property information form the Bank 5 - 7 days Transcapitalbank 15 0-50% 1-20 years old rubles, dollars, euros 12-16% by now., 10-13,5% in dollars, 9, 5-13% for the euro primary or secondary acquire or possess property to form 2-PIT request to the Employer or to confirm information received no income data Uralsib 2 10-20% 3-30 years Ruble 11,5-13,5% of primary or secondary acquire or possess property information form 2-PIT 3 days UniCredit Bank in 1912 0-30% 1-30 years old rubles, dollars, euros 12-13,5% by now., 9,5-10,5% in dollars, EUR primary or secondary acquire or possess property reference 2-PIT, or in the form of the bank 7 working days of Housing Finance Bank in 1911 0-40% 1-30 years old rubles, dollars 9,75-19,25% by now., 8,5 - 16,25% of U.S. primary or secondary acquired property reference 2-PIT, or in the form of the bank 3 days Bank requirements for the borrower and guarantors Coborrower The repayment terms of borrowing costs DeltaCredit of 21 years total seniority from 3 years to last-6 months., Russian citizenship is not required Guarantors are not required, may be up to 3 co-borrowers annuity payments, with no early repayment penalties - after 12 months (for DeltaVariant and DeltaMechta - Early repayment without penalties - Immediately after receiving the credit) Evaluation object mortgage-$ 120, insurance - each year from 0.6% of the loan amount, the Commission for the issuance of credit - 1,5% (For DeltaRublevy and DeltaInvest-rub - loan fees - No) Getting Credit in cash, 0.5% Absolut Bank 21 - 55 years (women): 21 - 60 years (men), total length of service, at least 1 year; Russian citizenship is not required Guarantors are not required, may be up to 3 co-borrowers annuity payments, with no early repayment penalties - at any time, the Commission for loans 1% of the loan, penalties for late payments - Daily 0,2% of the amount of arrears, Making a package of insurance services - in accordance with the rates of insurance companies, Real Estate Appraisal - in accordance with the rates of appraisal companies Revival 18 - 55 years for women / 60 years for men; Registration is required in the Russian Federation; Total work experience - at least 6 months., the last place of work - at least 6 months. Guarantors are not required, may be up to 3 co-borrowers annuity payments, with no early repayment penalties - after 6 months (for "Flat-new building on the security of tenure" - the early repayment without penalties - at any time), the Commission at lower interest rates after construction - 5000rub., the Commission for issuing certificates for submission to the tax authorities-200rub., the Commission for full prepayment -2% (except for "Flat-new building on the security of tenure), the Commission for recalculation of the annuity-10000rub., the Commission for registration of documents replacement of the collateral - 15000rub., the Commission for the provision of credit, 2-3%, but not less than 20,000 rubles (Program "Country House" - no). + Program "Flat-new building on the security of tenure: Insurance Commission for changing the currency debt on the loan, 2% of the outstanding loan debt. Bank Intesa 23 - 55 years for women / 60 years for men; total seniority from 3 years old, last-6 months; Registration is required in Russia and in the regions where the Bank Guarantors are not required, a co-borrower may be annuity payments , Early repayment without penalties - with the month following the month the loan insurance-tariff insurance company; Real Estate Appraisal - single, Tariff valuation of the company Alfa-Bank 21 - 59 years for men, 21 - 54 years for women; Registration is required to Russian Federation; Total Work Experience - At least 1 year., last 4 month. Guarantors, if necessary, a co-borrower may be annuity payments, with no early repayment penalties - after 3 months of mortgage-Rated object in accordance with the tariffs of the appraiser, insurance, in accordance with the rates VTB24 21 - 65 years, registration in Russia is not required; Total Work Experience - At least 1 year. on the last 4 month. Guarantors are not required (spouse (s) serves required by the Guarantor), a co-borrower are possible, but no more than 2 people, close relatives of annuity payments, with no early repayment penalties - after 3 months of opening a loan account - 25,400-27400rub., Evaluation of object-mortgage of 3 500 rub., insurance - 0.80 - 1.50% Penalties for late payment, 0.1% daily Gazprombank from 25 to 60 years for men and 55 women; Registration is required in the Russian Federation; Total Work Experience - At least 1 year. , last-6 months. Guarantors are not required, a co-borrower may Annuity or differentiated charges, early repayment without penalties - at any time (except for the program "Mortgage existing dwelling, where the early redemption is possible after 6 months.) Loan application, 2100 - 8400 rubles ., Evaluation of object-mortgage 4000 - 4500 rub., insurance, 0.80 - 1.20% fee for early repayment of the loan-to 2.00% Penalties for late repayment of 500 rubles and 0.2% of the amount for each day of delay Globexbank 18 - 65; Registration is required in the Russian Federation; Total Work Experience - at least 2 years., last-four months. Guarantors are not required, may be up to 3 co-borrowers annuity payments, early repayment without penalties - at any time, the Commission for the issuance of credit-2, and 3% of the loan amount but not less than 20,000 rubles; Insurance-tariff insurance company; fee for early repayment of the loan, 1%, but not less than 1,000 rubles, sanctions for late payment-daily 0.1% of the overdue payment European Trust Bank 20 - 65; Registration is required in the Russian Federation; Total Work Experience - at least 2 years. on last-6 months. Guarantors are not required, may be up to 3 co-borrowers (only relatives) annuity payments, with no early repayment penalties - after 6 months. Loan application -1,000 rubles Commission for granting the loan -3%; Penalties for late payment, 0.2% Zenith 22 - 55 years for women / 60 years for men; Registration is required in the Russian Federation; Total Work Experience - at least 2 years ., last-6 months. Guarantors are not required (except for programs "The acquisition of apartments in new buildings, where required during the construction phase), a co-borrower may be annuity payments, with no early repayment penalties - after 6 months. Evaluation of object-mortgages from 3000 rubles, the Commission for re-examination of application - $ 50; Commission for granting the loan-1.5% of the loan amount, but not less than 10 000 Russian rubles and not more than 100,000 Russian rubles, loan account opening-50 USD; maintaining the loan account, 1%; Penalties for late payment, twice the rate of interest set by the credit CREDIT EUROPE BANK from 21 to 65 years; Registration is required in the Russian Federation; Total Work Experience - At least 1 year. at last - 6 months. Guarantors are not required, a co-borrower may be annuity payments Loan application 2 500 rubles, opening a loan account 1% of IBRD loan amount 18 - 65, Registration required in the Russian Federation; seniority in last place, at least 6 months. Guarantors are not required, a co-borrower may be annuity payments, early repayment without penalties - at any time, insurance rates for insurance companies, opening a loan account-1 - 2% of the loan, penalties for late payment, 0.1-0,2% of the overdue Payment Credit Bank of Moscow 18 - 65; Registration is required in the Russian Federation; Total Work Experience - Minimum 3 years of age. at last, is a month. Guarantors are not required, a co-borrower may be annuity payments, early repayment without penalties - at any time, the Commission for granting the loan, 1,5% of the loan amount, max 100 000 rub., With the amount of the loan over 15 million rubles. - 1% of the loan amount, maintaining the loan account, 9000-30000; Penalties for late payment-daily 0.5% of the amount of arrears Independent Construction Bank 23 - 55 years for women / 60 years for men; total seniority from 2 - years, the last place-6 months; Registration is required in Russia and in the regions where the Bank Guarantors, if necessary, a co-borrower may be annuity payments, early repayment without penalties - at any time, insurance rates for insurance companies, opening a loan account, 2% of the loan amount, not less than 1.500,00 RUB penalty for the fact of occurrence of overdue loans and / or interest-10% of the overdue platezha.Sanktsii for late maturity, 0.5% of the overdue payment Petrocommerce 22 - 55 years (for females) / 60 (for men); total seniority from 1 year in last place-6 months; Registration is required in the Russian Federation is required surety spouse, a co-borrower may be differentiated or Annuity Payments, Prepayment without sanctions - in any Time Insurance-tariff insurance company Raiffeisenbank 24 - 55 years (women), 24 - 60 years (men), total length of service of 1 year in last place-6 months; Registration is required in the territory of the Russian Guarantors are not required co-borrower may be annuity payments, with no early repayment penalties - after 6 months. Fee for credit - 1-1,5% Penalties for late payment, 0.9% daily, Grade-4 500 - 6 000 rubles, Insurance-1% of the loan amount increased by 10% RosEvroBank 23 - 55 years for Women 23 - 60 years for men; total seniority from 6 months., last-6 months; Registration is required in the Russian Federation may guarantee individuals or legal entities, co-borrower may be annuity payments, early repayment without penalties - at any time Fee for credit-1,5%, for an independent assessment of residential real estate - 4,300 rubles for the preparation of contracts for property and their state registration, from 13 000 rubles for a comprehensive mortgage insurance - from 0,9% of the loan amount increased by 10% of Russian Mortgage Bank 18 - 70 years total work experience of 3 years., last-6 months; Registration is required in the territory of the Russian Guarantors are required, a co-borrower may be annuity payments, early repayment without penalties - at any time (except program "Affordable Housing" by which the early repayment - at 6 months.) Fee for loan-2.4%, Real Estate Appraisal, approximately 5,000 rubles Insurance is about 0.8% TransCreditBank from 21 to 65 years total seniority from 6 months; Registration is required in the territory of the Russian Guarantors are not required, a co-borrower may be annuity payments, early repayment without penalties - at any time of opening and maintaining the loan account, 1%, maintaining the loan account for early repayment of loan - 5% of the prepayment will be charged in first 6 months of credit, changes in the credit agreement-0, 5% Rosbank 20 - 60 years (women), 20 - 65 years (men), total work experience of 6 months., last-6 months. , Russian citizenship is not required Guarantors are not required, may be up to 3 co-borrowers annuity payments, with no early repayment penalties - after 3-12 months. Fee for registration of a mortgage-10 000, opening a loan account, up to 1.5% of the loan amount but not more than 60 000 rubles, Insurance-tariff insurance company, payment for the valuation of the collateral -3000 - 3500 rubles, Sberbank of Russia 21 - 75 years old, takes the citizenship of the Russian Federation, the total length of service of 6 months., last-6 months Guarantors are not required (except for programs "The acquisition of finished housing - the euro / dollar / ruble", "Construction of a residential building - the euro / dollar / ruble "," Mortgage with state support) may be up to 3 co-borrowers, spouses are co-borrower on a mandatory basis Annuity Insurance payments or differentiated-tariff insurance company Societe Generale East over 23 years, Russian citizenship is not required Guarantors - a spouse, a co-borrower Annuity payments are possible, without any early repayment penalties - after 6 months. Bank fee for loan-1.5% of loan amount: min 15 000 rubles, max 80 000 rubles, the Commission for account-by bank rates, insurance TCB from 21 to 65 years (men), 21 - 60 years (for women ), is required to Russian citizenship, total seniority from 1 year. at last, from 3 months Guarantors are not required, a co-borrower may be annuity payments, with no early repayment penalties - after 3 months. Fee for credit-0, 5% of the loan, getting credit in cash, 0, 5% of the loan amount, the Commission for the preparation and drafting of documents, 5,000 rubles (including VAT). + Program "City Mortgage - Dollar / Dollar," "Investor - dollar / ruble," "Comfort - Dollar / Dollar", "Residential Mortgage - Dollar / Dollar", the commission for loans 0,5% Uralsib 18 - 65 years , total length of service of 1 year, last-6 months; Registration is required in the RF Guarantors are not required, may be up to 3 co-borrowers annuity payments, with no early repayment penalties - anytime Insurance-0.5 - 0.7% of the loan amount, increased by the rate on the loan UniCredit Bank 21 - 55 years (women): 21 - 60 (men), total work experience of 2 years old, last-6 months., Russian citizenship is not required is required to guarantee a spouse spouse, a co-borrower may be annuity payments, with no early repayment penalties - after 6 months. Commission for arranging the loan-1.5% but not less than 400 and not more than 4,000 dollars, Evaluation of object-mortgage rates for the company, notary public, sanctions for late payment, 0, 2% of the amount of arrears Housing Finance Bank NA Guarantors are not required can be up to 2 co-borrowers annuity payments, early repayment without penalties - at any time. In addition to the programs "Refinancing - U.S. Dollars", "Apartment - HMLA", "House - HMLA", "building - HMLA", "Universal - U.S.", "Universal - U.S. Dollars - 6 months, apartment - U.S.", "Apartment - Dollar ", after 12 months. Loan application-1700 rubles Score object of mortgage-4 500 rubles, Insurance, opening and maintaining the loan account - 1-4%