Mortgage lending becomes easier?

Number of mortgage lending debtors will possibly lessen. The Federal Agency on mortgage lending is ready to simplify procedure of re-structuring of bank debts of citizens requesting assistance from them.

Now buyers of rooms can refinance credits, as well as those borrowers who have not been registered in the apartment. In department consider that now the circle of borrowers which can restructure their debts will essentially extend.

We remind in connection with scale dismissal of people on manufactures and decrease of wages, in the end of the last year the government decided to help mortgage lending borrowers whose financial position has strongly worsened. For these purposes more than 200 billion roubles of the state money has been allocated to the Federal Agency on mortgage lending fund. A borrower who has lost work can issue temporary recrediting for a 1 year through the agency. After that the Federal Agency on mortgage lending pays credit itself for the borrower to that organization where he had taken the credit. By the way this service will not be free. After the person finds a job again, he should pay the taken sum to the Federal Agency on mortgage lending, and continue paying off the basic debt in native bank.

But this mechanism of the Federal Agency on mortgage lending is similar to popular phrase: "we tried our best-you know the rest". By estimates of independent experts in 8 of 10 cases bank borrowers are refused in debt re-structuring. The reasons for it are numerous: beginning with long gathering of different papers, ending with restrictions on conditions of getting loans from The Federal Agency on mortgage lending.

The general director of the agencies network of the real estate Expert Elena Andreeva considers (the data is given by the agency Kommentarii.ru), that even the updated variant of requirements of the Federal Agency are very rigid. "Measures on maintenance of mortgage loan borrowers could be effective if conditions were more loyal to borrowers. There were more favorable credit conditions during favorable market and personnel situation when the borrower took the credit. And now market situation is difficult, borrower?s incomes have declined, moreover conditions of re-structuring are actually more rigid, than on what the loan was initially granted. How can a borrower receive in such conditions positive decision for re-structuring?"

According to the expert nowadays the primary goal is to make measures really working. Danger can consist only in imaginary problems of borrowers, for example, when the person simply wishes to have a rest from the credit though really could pay it. Certainly, the help from the limited budget should be allocated only to those who really need it. And absence of big official income is not real acknowledgement of that fact.

Artem Krasnov

sections: Society