How are mortgages refinanced?
Posted: Wed Feb 19, 2025 5:53 am
Despite the fact that mortgage loans are more difficult and take longer to refinance than consumer and car loans, it is mortgage refinancing that is most in demand among borrowers. This is due to the fact that for a long time in our country there was a gradual decrease in the mortgage rate, then there was a short-term rise, and now the rate is falling again, striving for last year's values.
According to current Russian legislation, a bank cannot refuse a borrower who wants to change the lender, but under one condition - if such a ban is not provided for in the mortgage loan agreement. Otherwise, the lender may refuse to re-register the mortgage, and then a second encumbrance will be imposed. In other words, the new lender will pay the uk mobile database entire amount of the debt under the original agreement, but the property will remain pledged to the old bank. This option is unlikely to be beneficial for the borrower, since benefits and subsidies do not apply to such a loan, and the standard rate will most likely be high.
You can get a consumer loan on favorable terms to pay off your current debt obligations at Bank Sinara. The bank's clients have access to various credit products:Fast loan" And "Pensioner» with a rate of 11.9%, as well as «Large Amount Loan» up to 3 million ₽ with a decision in just 2 minutes.
At Bank Sinara you can applymortgage refinancing. The maximum loan amount is 30 million rubles, the interest rate is from 11.6%. You can calculate the monthly payment amount and submit an application online on the bank's website.
The information in the article is current at the time of publication. Financial conditions may change. Please check the current data on the page of the product you are interested in. The Bank is not responsible for the use of outdated information.
According to current Russian legislation, a bank cannot refuse a borrower who wants to change the lender, but under one condition - if such a ban is not provided for in the mortgage loan agreement. Otherwise, the lender may refuse to re-register the mortgage, and then a second encumbrance will be imposed. In other words, the new lender will pay the uk mobile database entire amount of the debt under the original agreement, but the property will remain pledged to the old bank. This option is unlikely to be beneficial for the borrower, since benefits and subsidies do not apply to such a loan, and the standard rate will most likely be high.
You can get a consumer loan on favorable terms to pay off your current debt obligations at Bank Sinara. The bank's clients have access to various credit products:Fast loan" And "Pensioner» with a rate of 11.9%, as well as «Large Amount Loan» up to 3 million ₽ with a decision in just 2 minutes.
At Bank Sinara you can applymortgage refinancing. The maximum loan amount is 30 million rubles, the interest rate is from 11.6%. You can calculate the monthly payment amount and submit an application online on the bank's website.
The information in the article is current at the time of publication. Financial conditions may change. Please check the current data on the page of the product you are interested in. The Bank is not responsible for the use of outdated information.