As a rule, for refinancing carrying out you should inquire written assent of bank in which you took the credit – after all from them you get in pledge your apartment. And to bypass this condition it is almost impossible. “To perform refinancing without the bank consent in which the credit is taken, it is impossible. It is registered in all credit contracts and the notary arranging a mortgage always pays to this attention”, – the bankers warn.
At this stage interested in refinancing persons can face the first problem on the way: not any bank will agree to do it. Such position of banks is not strange: they aren’t interested to give those clients who well repay the credit, after all the organization loses the incomes. According to the experts, many banks will agree on the individual program of re-structuring of a mortgage more likely, having changed conditions of your agreement: for example, having extended a credit period for additional 5-10 years that will reduce monthly payment under the credit (but will increase a general overpayment to bank).
Some banks have rung round the banks giving mortgage loans on purchasing of real estate on a secondary market of habitation in October-2010 and have asked, whether permits financial organization after several years of using the credit to refinance it in other bank? Any bank employee hasn’t refused. However, one organization to us fairly admitted that they can’t warrant it to be on 100 %. But in others in eager rivalry asserted that “it is possible, the mortgage agreement of it doesn’t prohibit”, “as all of you equally completely repay the credit at the expense of proceeds of credit of other bank it goes as complete “ahead of schedule”. And one representative of one bank in general has offered in case of falling of rates on a mortgage” to make an application in bank on rate lowering and if it already refuses then it is possible to be loaned up in other bank “.
Despite statements of bank advisers that refinancing is possible, don’t forget to study your credit agreement about, whether there is no in it a point prohibiting loaning up, and also what conditions of advanced repayment of the credit (for example, in October-2010 at 2 banks crediting purchasing of a mortgage, we have found out the commissions for advanced repayment).
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