Who can count on the minimum interest rate on the mortgage?
It's no secret that banks are widely declared interest rates and those for which the majority of borrowers receiving loans are very different from each other. In fact, 10% of the declared readily converted 14% - 15%. But, despite this, in craftiness and deceit in the more difficult to blame the banks - a certain percentage of the lucky ones still manage to get a mortgage at a good rate. Who are these people? Conventional borrowers, which are many, the only difference is that they have a large initial payment, a stable income, proven reference 2-PIT and the intention to repay the loan in a short period of time.
These three factors make it possible to rely on the beneficial interest on the mortgage. In an effort to minimize their risks, banks are interested to citizen credited back the money as soon as possible. Ideally, if 5 - 7 years. The large initial payment (50%) is a certain guarantee for banks - the borrower has paid such a considerable sum, tend to be more careful in the observance of the timing of payments. Well, Help 2-PIT, makes it possible to ensure the solvency of mortgage holders, and to see the dynamics of the growth of its payroll.