Mortgage loans against property

Mortgage loans against property are a rather popular way to acquire new real estate. This option has its own advantages and disadvantages.

Over 26% of borrowers choose this loan option as it is considered the rates for such loans are lower. However, some experts say that the rates have become almost the same for ordinary mortgage and mortgage against property.

And one of the most significant benefits of the loans against property is that you don’t need to select from the housing options accredited by the bank. You also have an opportunity to get a loan without paying the down payment. However, in this case you will be asked to insure your property.

Is it real to get a loan against property?

If you are planning to get a mortgage loan against property, our mortgage specialists will be glad to offer you legal support and help you get a loan. Contact us today and buy real estate with Nevsky Prostor.