Experts told how to become a homeless person, taking a loan secured by real estate

As you know, many Russian consumers cannot get a mortgage loan. Banks refuse them for various reasons: one does not have enough “white” income, the other made delays on previously taken loans and, for this reason, got into the black lists of the credit bureau. The attention of such borrowers is attracted by numerous announcements offering a “loan secured by real estate”, writes the Internet magazine Metrinfo.ru .

You can get a loan secured by real estate from various sources. Approximately 40% of the references received by banks, the remaining 60% - for all others. The remaining can be divided into three groups.

- Russians overpay for a mortgage three times

The first is pawnshops. Those who have successfully earned on loans with gold and cars sooner or later come to the idea of ​​trying more large -scale pledges. The second is firms "grown" from real estate. They were created by people who worked in real estate agencies and appraisal companies - in a word, those who are versed in this subject of the pledge. The third category, the most "classified", is private individuals. Often they give a minimum of advertising, relying more on a regular clientele. According to experts, it cannot be argued that all private traders are scammers. But it is this type of lending that is considered the most risky for customers.

Even the lenders themselves say that they are ready to give no more than 50% of the value of the object. The most maximum is 70%, it is achieved only for the best, megaling objects. However, in practice, even these numbers are even lower. The fact is that the creditors themselves evaluate the laid property themselves or use the services of a "pocket" assessment company. As a result, the cost of the object will be underestimated, and in reality the client can be obtained 30-40% of the market price of the object. And interest rates are in the region of 2.5-3% per month, that is, 30-36% per annum.

As Metrinfo.ru summarizes, for a second we must not forget that if the mortgage bank wants to receive interest from the client, then the "non -bank creditor" is initially aimed at real estate, he will try to make the client not pay off the loan.