A mortgage is always issued in several stages. Usually, the procedure includes preliminary approval of the application, selection of a property and execution of the purchase and sale transaction, or conclusion of a shared participation agreement (DDU), if we are talking about a house under construction.
The process ends with the registration of the property rights, which can be carried out by the bank or the borrower himself. Therefore, let's talk about what documents are needed for a mortgage at each stage of its registration and when it is worth requesting them so as not to miss the validity period.
List of documents for mortgage registration
Many banks offer to apply for a mortgage loan using a passport, but hungary mobile database usually this only involves preliminary approval of applications from salary clients. In the future, you will in any case have to provide information about the property to conclude an agreement, conduct a transaction, and register the property rights.
What documents will definitely be required for a mortgage during the process of its registration:
Identity documents of the borrower, as well as co-borrowers and guarantors (if they are involved in the transaction) - usually these are passports.
Information about income or assets – for example, certificates in the form 2-NDFL for officially employed citizens or declarations 3-NDFL for entrepreneurs and individuals who do not have permanent employment.
Purchase and sale agreement, DDU and other documents confirming the legality of the transaction with real estate.
A passport and SNILS are usually enough for preliminary approval. If you are not a salary client of the bank, you may be asked to provide information about your income with a document confirming the information. You will also need to fill out a questionnaire. Information about the purchased property is usually not required at this stage, but it is necessary to indicate the approximate amount of the mortgage loan, taking into account the cost of life and property insurance.