What to Do When Applying for a Mortgage Loan?

 A home loan is a type of loan in which the value of the house to be purchased after the agreement of the buyer and seller is found by the a...

 A home loan is a type of loan in which the value of the house to be purchased after the agreement of the buyer and seller is found by the appraisal report and given by the bank at this value and is usually used for 5 to 30 years at fixed loan rates. If you have requested this type of loan from banks with a certain maturity, we can call it a home loan application. A mortgage loan, the value of which is determined by the expert report, is 80% of the total cost of the housing to be purchased. This rate is the amount that will be given to you by the bank. For buildings with high energy savings, the BRSA has increased this rate to 90%.

A house taken out on a mortgage loan is secured by a bank. The reason for securing it is possible failures in paying back the loan debt, natural disasters, theft, etc. it can be sorted as follows.

What to Do When Applying for a Mortgage Loan

The necessary conditions for a mortgage loan

The Status of the House you plan to Buy

A floor easement certificate is a document that must be present if the house that you will use for a loan has not started at the construction stage or as a project yet. *** In order to use a mortgage loan, the house to be purchased must be completed at a rate of 80%. In some special cases or in projects with which Banks have a special agreement, this rate may vary.

Condominium certificate; A document stating that the building in which you will use a loan has been fully completed and is ready for a session.

2.Having a specific job and proving it with the payroll. If you are an employer or a freelancer, you must have a Tax certificate

3.Jul: Your credit record is clean

4.Age requirement (Another information for those who want to withdraw their loan immediately after applying for a mortgage loan is that banks take into account the age of people to use a loan. Banks provide loans to people December the ages of 18 and 70.)

5.To accept the special and mandatory conditions specified by the bank. These conditions are usually covered by insurance for an earthquake

his policy,taxes, interest rates, etc. it can be listed as.

Are Insurance and Mortgage Fees Included in the Filing Costs?

Customers who want to get a loan from banks, first of all, study the fees that will constantly push themselves financially within the established conditions. At the same time, since there are expenses for many different items, knowing the content of the file cost is also one of the important issues. For this reason, the extra services provided by banks, such as insurance and mortgage fees in general, are not technically considered as filing costs. Because the file costs remain only with the bank, and other costs are transferred to insurance companies and expert institutions.

Credit file expenses are linked to a figure by law and thus used in a way that is closely related to the withdrawn loan. Banks are not authorized to create file expenses in more than 5 per thousand of the loan received. Some banks even encourage customers to save and use loans to the bank by reducing the necessary file costs on home loans that have been created.