Expert gives advice on applying for a mortgage online

Mortgage platforms allow users to find the best deals by analyzing interest rates, repayment terms, and fees. However, experts warn of downsides. As online applications become more accessible, so do scams. Borrowers should check the legitimacy of a site before providing personal and financial information.

Head of the SK10 customer service department Daria Tolpinskaya spoke about the rules and nuances of submitting an application online.

You can send out a mailing to several banks

- We recommend checking your credit history on the website of the National Bureau of Credit Histories (NBCH) for current overdue payments, but no more than twice. There are cases when clients simply forget about their overdue obligations, - says the expert.

All application data must be carefully filled in in accordance with the documents. You can upload photos of documents to the application, not necessarily scans. The photo must be clear, the text must be readable, the document page must fit in the frame.

Before submitting an application, close all credit cards, especially those you do not use. Debts in payment services "in shares", "split", "divide", etc. should also be closed, since the bank regards these obligations as a microloan. During the consideration of the mortgage application, it is better not to apply for other types of lending (installments, consumer, credit cards).

If you are a salary client of the bank, the chances of approval are higher. Specify this when submitting an application. The bank can assess the stability of your employer, pay attention to its financial stability.

If you are a sole proprietor or self-employed, it is likely that it will be more difficult to approve the required loan amount. Banks consider cooperation with such clients as more risky.

If you plan to use maternity capital in the transaction, be sure to let us know. This will increase your solvency in the eyes of the bank. Having a spouse increases the likelihood of approval.

- Submitting an application is a very important step in the process of acquiring real estate and requires special attention. If you have already had several refusals from the bank, it is worth understanding the reason and trying to fix it. Multiple refusals entail a moratorium of three months, - emphasizes Daria Tolpinskaya.

- Is it possible to apply for a mortgage online to several banks?

- Yes, you can. There are special services for the so-called "fan" distribution of applications to banks. Accordingly, the application can be submitted to one bank or to several at once. If you are rejected by one bank, you need to find out the reason and take all the nuances into account when applying to the next bank.

Each credit and financial institution has its own requirements for borrowers.

- Daria, what are the risks when applying for a mortgage online?

- The application review period may be extended, because applications from the bank's partners are considered as a priority. If you have indicated insufficient income and have not taken into account the current and acquired credit loads, the bank may issue a moratorium refusal. If you have incorrectly selected the program and loan parameters, and the bank has made a positive decision, it will be necessary to review, which entails the risk of a negative decision on the application. In addition, you can skip some fields, mistakenly considering them unimportant. In this case, the bank will not receive the application.

- What documents are required when applying for a mortgage online?

- Each credit and financial institution has its own requirements. For example, one of the large banks has the smallest package of documents: for a family mortgage, only a passport and the child's date of birth are required.

In some cases, the bank may request proof of income. For this, a certificate of income and tax amounts of an individual, or a certificate in the bank's form, or a declaration will be sufficient. Income must be indicated for the last 12 months. If the income is not completely official, you can request a template of a certificate in the bank's form in the bank's chat and send it to the accounting department so that they can indicate your actual salary.

If you worked at your current place of work last year, you need to order a certificate of income and tax amounts for an individual for the current year and the previous one: it can be downloaded electronically from the State Services portal or requested on paper with live signatures from your employer. If you are an individual entrepreneur or business owner (LLC), the bank will only need a declaration for the last reporting year.

For other large banks, you need to provide more documents: passport (9 spreads), SNILS, income certificate, child's birth certificate.

All other credit and financial institutions request a document confirming employment: a work record book or an employment contract (indefinite), certified by the employer or downloaded from the State Services portal.

The requirements for IT specialists and businessmen are higher

For the IT mortgage program, all banks require a full package of documents: passport (9 spreads), SNILS, certificate of income and tax amounts of an individual for the current year and the previous one, employment contract, work book, additional agreement to the employment contract (if any).

Banks will request from individual entrepreneurs:

- a declaration on the simplified taxation system or a patent for the last reporting year;

- a book of income and expenses for the current year (for a patent plus the previous year);

- an extended statement of the current account for the last 12 months;

- documents confirming payment of taxes, if not paid through a bank account;

- the main state registration number of an individual entrepreneur (OGRNIP).

Business owners may be asked to provide a different list of documents:

- copies of the balance sheet and the financial performance report for the 12 months preceding the month in which the loan was issued, with documents confirming their submission to the tax authorities;

- copies of tax returns on income tax for the reporting periods of the current calendar year with documents confirming their submission/acceptance by the tax authorities;

- copies of tax returns for special tax regimes (if applicable) for the 12 months preceding the month in which the loan was issued, with documents confirming their submission/acceptance by the tax authorities (in the case of payment of a single tax on imputed income, documents are provided for the last four tax periods);

- a copy of the book of records of income and expenses for the period for which the deadline for filing a tax return has not yet arrived on the date of applying for a loan (if maintaining a book of records of income and expenses is provided for by the current legislation of the Russian Federation for the special tax regime applied);

- certificates from servicing banks on turnover for the last twelve months with a monthly breakdown.

If maternity capital is used as the initial contribution, you must upload two documents: a maternity capital certificate and a certificate of the status of the maternity capital account.

All certificates provided to the bank are valid for one month. If the certificate is more than a month old, it is considered expired and the bank will not accept it. When providing the bank with your work record book, make sure that it is certified. Each page of the photocopy of the document must have a seal, signature, date, position and full name of the signatory, the phrase "Copy is true". The last page must indicate where the original is stored, as well as the phrase "Works at the present time".