How to get a mortgage? – Trade News
According to Trade NewsHow can we get a mortgage?
Quoted from ایسنا, Is a mortgage bond or the same loan that is taken to buy property or land. These bonds are issued by the Housing Bank and traded on the OTC market. Accordingly, the borrower uses it to buy or maintain a home or to build and repair real estate, and agrees to repay it over time, usually in a series of regular payments. During this period, the property acts as collateral for the loan.
To purchase these bonds, the applicant must purchase a bond by receiving a stock exchange code from the brokerage. As a transaction fee, a percentage of the investor’s account is deducted from the investor’s account when buying and selling housing facility bonds. You can also go to the branches of the Housing Bank to buy the facilities of the Housing Bank.
The Housing Bank issues separate bonds each month, the prices of which vary. On the trading symbol of these bonds, we see the name of the month and the last two digits of the year of issue, which indicate the date of issue and the opportunity to use the bonds. For example, TSE 9905, ie the bank, published this sheet in August of 1999. The closer we get to the expiration date, the cheaper the purchase price, and the newer the issue date.
The timing of the use of the papers is important. If a person immediately intends to use his purchased bonds, he can buy the cheapest bonds available in the capital market. The cheapest bonds are bonds that have little time left to cancel. Given that the performance of securities purchased in the market is no different from each other, the only thing to consider is that there was an opportunity to use the securities purchased, given the amount of time that may be spent through banking. Be. The expiration date of the bonds is from the time of issuance to two years after that, after two years from the date of issuance of the bonds, they are canceled and it is no longer possible to receive a loan.
So in simple terms, after it was determined that the property in question has the conditions to obtain a loan, the person bought the bonds that can be seen in the portfolio, in fact the bonds are issued based on the individual’s national code and the housing bank based on the number of bonds Has bought, issues the check. The buyer, the seller and the bank representative then go to the office to transfer the document and the bank representative delivers the check to the seller and the house remains in the bank mortgage until the end of the installment payment.
As mentioned, the amount and price of bonds are different. For example, single people living in the capital 240 and married people living in the capital can also receive a loan of 480 million Tomans. The ceiling of these facilities for provincial centers and cities with a population of more than 200,000 people has reached 160 million tomans for singles and 320 million tomans for couples. This loan has reached 120 million tomans for singles in other urban areas and 240 million tomans for couples in these areas. Its price is determined based on supply and demand in the market. For example, according to the latest prices, Tse Dey in 1398, 94,400 and Tse Azar 1400, 99,300 Tomans.