The disadvantages include the fact

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Will refuse. After all, how can you back up the borrowers reliability in this case? They may allow the sale if the client uses the proceeds to pay off the debt to the bank. It takes longer. Allow at least one to two weeks to receive such a loan, as there are significantly more documents and procedures than usual. You wont be able to get money urgently. Ad lpprof ! Ad investor that the apartment is used as collateral. But problems can only arise if the client.

Does not pay. Or, if he cannot pay, he does nothing to resolve the situation. Even when you are in arrears on such a loan, you can always resolve the issue without losing your property, find a compromise with the korea telegram mobile phone number list creditor, says Almagul Burgusheva, head of the collateral lending department at the Finance company . Conditions for obtaining a loan secured by real estate Requirements for the borrower The borrowers age is from to years. For younger people, exceptions are rarely made. For pensioners, more often. Employment. It is not necessary to work officially. And it is not.

Necessary to work unofficially either. But if the client works, then the chance of loan approval is higher. You need to work in one place for at least the last months. Citizenship of the Russian Federation. They work with foreigners, but less willingly. Coborrowers. If the property has several owners, they must become coborrowers and approve the collateral. Also, if you are married, your spouse must also be a coborrower. This can be waived by signing papers at a notary or by having a prenuptial agreement previously concluded, but this is at the discretion of the lender. Real Estate.