Saturday, September 24, 2011

Documentation

When raising bank loans usually require the same (general) documentation that must include:
     completed loan application form
     photocopy of ID card (or a document on which the identification number is written)
     last payroll certified by the employer (authorized person)
     PK1 card for the current and previous year certified by the employer and the Tax Administration
     for retirees confirmation on the amount of the pension certified by Bureau
     copy of the card or checking account books


With mortgage loan for a fiduciary transfer of ownership of the property to the Bank, whose estimated value must be at least 2 times higher than the required loan amount. Here, the Bank will also seek land registry extract (original), which also must not be older than 15 days from the date of application, and as collateral for property insurance against fire and other hazards endorsed in favor of the Bank.