HomeAbout MeMy Family
Finance articles

Mortgage terms for young families options

You are here:  Home >> Annuity >>  Mortgage terms for young families options
Finance articles
Mortgage terms for young families: options Especially for young families are invited to a special type of mortgage. Moreover, there are various options: in particular, subsidized by the State and by individual banks. Briefly examine both. Mortgage terms for federal support of young families dictate that each family member should not be older.
Mortgage terms for young families: options
 

Mortgage terms for young families options

Especially for young families are invited to a special type of mortgage. Moreover, there are various options: in particular, subsidized by the State and by individual banks. Briefly examine both.

Mortgage terms for federal support of young families dictate that each family member should not be older than 35 years. In addition, to take advantage of this program, you want to be in the list of families waiting for housing.

What will be the amount of the grant depends on what is the average cost of housing in a given region. In particular, for Moscow’s calculation of what is enough for two 48-sq. m, and a family with children is 18 sq.m. m for each person. In the first case, the State assumes the obligation to pay 35% of the cost of housing. In the second, 40%.

Special conditions for young families provides mortgage and savings bank. The program assumes that the young family should contribute 10% of the cost of housing, if it has children, and 15 percent if it is not. In addition, if a child is born in the family, she could be granted a deferral.
However, if a good understanding, these terms are virtually indistinguishable from those of the standard mortgage loans. It can be said that similar programs – rather, marketing move. This is logical – young families would rather be in the Bank, which will entice them beautiful “wrapper”.

For this reason, experts assert that there is no special meaning to use mortgage products of banks. Much better to rely on Government support. But in this case, you must remember that it is only those families who need better housing. You can use the resulting social payment for any purpose to it.

Why is it almost impossible to find a low doc loan

Why is it almost impossible to find a low doc loan



You need to provide a lot of documents for a mortgage. It’s not necessarily a bad thing-lenders simply want a clear financial picture of your borrowing power.
How to understand the private mortgage insurance

How to understand the private mortgage insurance



How to understand the private mortgage insurance - Home buyers need to pay private mortgage insurance
How do black mortgage brokers

How do black mortgage brokers



How do black mortgage brokers - Parallel increase in the popularity of different types of lending grows and credit fraud .
Annuity payments for early settlement

Annuity payments for early settlement



I want to prepay part of the loan. The WB offer two options: reduce the length of the loan and reduce your monthly payments. Which option is more profitable?
Mortgage with no down payment

Mortgage with no down payment



Mortgage with no down payment - To date, the housing problem does not cease to be the most vital in the life of citizens.
Early repayment premium payments credit card

Early repayment premium payments credit card



Many borrowers face the problem when you have to pay the interest for a period when already been repaid.

Public health Finance articles | Repair and Maintenance