The process of obtaining a mortgage loan, it is always not an easy procedure. It will not end because only on the analysis submitted by our employer proof of earnings. In fact, at each stage of granting this kind of loan you may be asked about a whole range of other important documents for the bank. What?
confirmation of identity
The procedure for granting a mortgage is characteristic for a given bank. Each of them can so during the lending process, ask us to provide other documents. The first element, without which it is impossible to start the procedure of credit and draw the appropriate conclusion is to confirm our identity. In most financial institutions simply show two documents, the most common is of course an identity card with passport or driving license.
Rating of our credit facilities will be made, inter alia, on the basis of evidence of the salary. Here, unfortunately, the case is more complicated because of the multiplicity of forms of employment. Most often, however, it will be issued by your employer confirming your employment and average income for the last three or six months. There will, of course, it could provide individuals who receive wages owed to them on the basis of contracts or order, the so-called civil law contracts. In their case came borrowers are asked to submit accounts and contracts to support a finding achieved in the past (usually one year) salary. In addition, you will need to make available cooperation agreements that allow the estimation of the amount of earnings after the granting of the loan. Other documents must okazaćoby entrepreneurs. They are: representation of the data registered business, certificate of non-payment from the Inland Revenue and Social Insurance, and the PIT on income earned in the last year.
What are the capacities?
In addition, when assessing the credit worthiness of our bank, unless we run our bill was in it, can ask about the last statements of your account. Besides, you may be asked also for an extract from a credit card account. If it turns out that our creditworthiness is too small to take a loan in the amount, the bank may request the presentation of a document confirming the resignation of a credit card. In extreme cases, also due to insufficient indicator of creditworthiness, we will be forced to prepay borrowings. After settlement of the liability would be given by the appropriate evidence of repayment of the loan, which also must be submitted to verify the bank where applying for a mortgage.
As for real estate
After checking the creditworthiness of the bank is also interested in obtaining documents relating to the same property you intend to purchase. It will be necessary to present a preliminary sales agreement signed with the developer or the person selling the property to the so-called. the secondary market. For the real estate secondary market necassary will confirm that the seller has a property right to dispose of it - it will be mostly a copy of the land register.
Each bank shall at the same time a separate policy for granting credit, you might find that you will need to show other documents - get ready for this eventuality too.