• 23/04/2024 19:04

Loan secured by real estate: main points before concluding a deal

Real estate often becomes collateral when applying for a loan. This is explained by the fact that an apartment or house is a property with high liquidity, which allows financial institutions to offer more favorable lending conditions for the borrower.

Regardless of whether you take out a loan secured by real estate in a private company or in bank, you should make sure in advance about the reliability of the lender, analyze the important parameters of the contract and evaluate all the pros and cons.

Let's look at what to look for before signing a loan agreement and why you should choose a private company as a lender in 2024.

Loan secured by real estate: main moments before concluding a deal

Choosing a lender: what is important to know?

    Availability of a National Bank license: The absence of a state license for financial activities may indicate a fraudulent structure. Make sure that the lender is properly licensed.

    Recognition and reliability: It is preferable to go with well-known and reliable brands, as they usually have a higher level of trust.

    Availability and service: Please note on the level of service and convenience of conducting all financial transactions with the lender.

    Loan offers: Study the proposed loan terms, including the interest rate, loan amount, repayment terms and other conditions.

Where is it better to take out a loan secured by real estate in 2024?

There are two types of organizations competing in Ukraine: banks and private lenders. Many people wonder what to choose: a loan from a bank or a private company. Experience from past years shows that private organizations are preferable, as they usually offer more favorable lending conditions.

Loan secured by real estate in a bank

    Application review period: 7−14 days;

    Interest rate: 2−2.5% per month;

    Loan amount: no more than 50% of the market value of the collateral;

    Repayment period: from 1 to 10 years;

    Requirements for the borrower: guarantor, official employment, certificate of income and etc.;

    Additional expenses: registration fee, notary services, collateral assessment, etc.

Loan secured by real estate in the private company “Diamant +”

    Application review period: 10−15 minutes;

    Interest rate: 1.5% per month;

    Loan amount: up to 80% of the market value of the collateral;

    Repayment period: up to 10 years;

    Requirements for the borrower: passport, TIN, real estate documents;

    Additional expenses: notary services.

“Diamond +” is a simple and transparent process

Loan secured by real estate: main points before concluding a deal

Applying for a loan secured by real estate in the Diamant + company is carried out according to a simple and understandable scheme.

The client must provide a minimum package of documents, including basic identification documents and the right to real estate documents, after which the company’s specialists They will evaluate the property and advise on all issues related to loan terms.

One of the important aspects is the presence of a license to carry out financial activities. The Diamant + company has a license issued by the National Bank of Ukraine, which confirms its right to provide financial services, including lending secured by real estate. This gives clients additional confidence in the legality and reliability of the company.

Contact Diamant + and you will receive a reliable financial partner ready to help you resolve any financial issues quickly and efficiently. Our specialists are always ready to answer your questions and provide detailed advice on loan terms.

Contact information:

Address: Kyiv, st. Saksaganskogo 28, office 4

Phone numbers:

    +38 (068) 883-28-82

    +38 ( 096) 515-55-22

    +38 (066) 515-55-22

Do not put off resolving your financial issues until later. Contact Diamant + today and get a quick and profitable solution for your needs.

minfin.com.ua

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