Reasons for refusing a mortgage at Sberbank: tips and tricks, reviews

Most residents of Russia cannot buy their homes without a mortgage. This is especially true if the apartment or house is located in a big city or metropolis. In this case, financial structures help. At the same time, many are refused a mortgage at Sberbank. The reasons for this phenomenon can be different. To get a mortgage, you need to know about the requirements for borrowers, as well as about the factors due to which a refusal may follow. All this is described in the article.

As testimonials indicate, you must first familiarize yourself with the rules for granting a home loan before applying. This will avoid many problems in obtaining a mortgage loan. It is necessary to consider the proposals of several banks, because each institution has its own credit conditions. It will be possible to choose the most suitable from several profitable programs.

Reasons for refusal

When the bank receives an application for a mortgage, it proceeds to analyze a large number of factors, including marital status, income, credit history. The property of a person is taken into account, which is considered a guarantee of the unpaid part of the loan. This provides the financial institution with the opportunity to make a profit in any case. The reasons for refusing a mortgage at Sberbank may be different. If there is any suspicion that the borrower will not return the funds, then the application is rejected.

According to customer reviews, many are faced with a rejection of the application. Then you have to consider the programs of other banks. The reasons for refusing a mortgage at Sberbank are as follows:

1. Lack of solvency.
2. No proof of income.
3. Negative credit history.
4. Short term of work.
5. There are loans from other banks.
6. Small amount.
7. Small first payment.

As the reviews confirm, these factors are the most common, due to which the application is rejected. If the requirements are met, a positive decision is usually made. Why they refuse a mortgage at Sberbank, clients are usually not told. This is permitted under Art. 821 of the Civil Code of the Russian Federation, according to which the creditor can reject the application for the provision of funds, if there are certain circumstances. But the borrowers themselves need to be aware of refusals in order to assess the chances of getting a loan to buy a home.

Requirements

As the reviews show, you need to know not only the reasons for the refusal. How is a mortgage approved at Sberbank? The client's compliance with the requirements is taken into account:

1. Age... The client must be at least 21 years old, and at the time of the last payments - no more than 75 years old. In other banks, age requirements may be different.
2. Fixed income, which exceeds the threshold for the amount that will be issued on credit. According to this factor, the client can assess his solvency of independence.
3. No criminal record. Clients who have served a sentence for breaking the law will not be able to get a mortgage. There is a low probability of issuing a loan if there is a conditional criminal record.

According to customer reviews, mortgage refusals are very common. You need to know the requirements before applying.

Insolvency

According to reviews, this is the main reason for refusing a mortgage at Sberbank. Since the cost of real estate is high in comparison with salaries, it is required to have a specific income in order to obtain a loan. The average level in the country today is 35 thousand rubles. In some regions, this indicator is more or less.

When analyzing the solvency of Sberbank, the maximum amount is taken into account, which should not be more than 30% of the income of working people in the family, from which the minimum for non-working dependents is deducted. If the income does not reach the required threshold, usually the client's application is rejected.

If the reason for the refusal of a mortgage at Sberbank is precisely this, then the situation will be corrected by increasing the size of the first installment, which is usually 20%. The more this amount, the less you will need to pay every month. As a result, it will be possible to reduce the size of the payment to the level required to obtain approval.

Credit history

The reason for refusing a mortgage at Sberbank may be a negative credit history. Therefore, if you want to take a cash loan for the purchase of housing, you need to pay for current loans on time. When considering an application, various nuances are taken into account. According to reviews, rejection usually follows due to:

1. Constant delinquency on loans issued by any bank. Even if a loan from one financial institution was not paid on time, a person can be blacklisted by other companies.
2. Recently issued small loans, for example, mobile phone loans, which raise doubts about the client's solvency.

According to customer reviews, credit history plays an almost decisive role in loan approval. It is checked against a single database, which contains information from all banks.

Documentation issues

According to reviews, the reason for refusing a mortgage at Sberbank may be incorrectly executed or forged documents. All information provided to the bank is carefully checked. Invalid data can lead to rejection. When filling out an application and certificates, you need to pay attention not only to errors, but also to blots, which are indicated by bank employees.

An important factor is the compliance with the rules for the preparation of documentation. An untimely photo pasted into the passport may be the reason for rejection of the application. And men, when contacting the bank, need to take with them a military ID with the designation of the relevant information - about the passage of service in the army or the reasons for the postponement.

Clients using fake documents cannot get mortgages. In addition, due to such a situation, it is possible to get into the black list. A loan to a person will not be issued not only by Sberbank, but also by another official financial structure.

Other reasons

There are other reasons for refusing a mortgage at Sberbank after approval. Although they are not disclosed, they still influence the decision on the application. Other reasons include:

1. Insecure behavior of the borrower during the interview. As a result, the borrower may be suspected of hiding information by the security service.
2. The unrepresentative appearance of the client, which casts doubt on the solvency.
3. Correspondence of education to work (if it is a leader or a specialist, then it must be higher). This indicator helps to assess the likelihood of getting a job in the event of a job loss.

The reason for rejection of the application may be the danger of the job. For example, a firefighter or police officer is less likely to get a mortgage than office workers. The reason for the refusal is the bad credit history of other family members, whose income was taken into account in the calculation of the rate. Often, the security service refuses to obtain a mortgage if it was not possible to contact the client's employer.

Actions after refusal

Failure is an unpleasant experience for customers. But there is still a way out. If there was a refusal in a mortgage at Sberbank, how long can you apply for? Re-appeal is possible in 2 months. Borrowers are often approved the next time.

If a mortgage at Sberbank is refused, what to do? In this case, you need to take measures to increase the chance of a positive response in the future. If the client has not taken into account his credit history, then you need to familiarize yourself with it. It can be damaged not only due to the delay in repayment of the loan, but also due to technical failures and inattention of the bank's specialists.

To correct mistakes, the client needs to contact the bank, which has drawn up a report from the credit history. If the story is ruined by the client, then the existing debt should be paid and regularly paid for several months, and then an application for a mortgage should be applied. As the reviews show, in this case, applications are usually approved.

If a loan is denied due to the low liquidity of real estate, you need to find a new property that meets the requirements of the bank. It should be borne in mind that it is easier for financial institutions to provide a large loan for the purchase of an expensive apartment than to issue a small loan for a village house. In some cases, you can only take a consumer loan. To obtain it, fewer documents are required in comparison with a mortgage.

Consideration should be given to submitting applications to other banks. In each financial institution, the requirements for borrowers are cast, so another organization can provide approval. If the refusal is associated with low or unstable income, you can attract co-borrowers or guarantors. Only close relatives can be the first. Guarantors are accepted only by wealthy individuals. The client can pay a higher first payment or provide an additional security deposit. In this case, the bank examines the application and makes a decision.

Broker services

You can contact your broker. Only then will you have to pay the commission. The broker's help is ideal for:

1. Individuals who are not versed in lending.
2. Business people who do not have time to independently collect documents and complete a deal.
3. Borrowers who have been rejected by several organizations.

Output

Even if it is not possible to get a mortgage with these recommendations, a spouse or other relative who meets the bank's criteria can take a loan. For most people, such a loan is a chance to buy their own home, so it should be approached responsibly. If one institution was refused, you should contact another.