Your requirements and possibilities. First of all spend a real estimation of requirements and possibilities as much depends on your solvency, that is, from your salary and the sum which you can monthly bring on account of mortgage loan repayment, and also presence of own accumulation on entering of down payment on the mortgage loan. Determine for yourself what you want concretely to purchase with a mortgage: apartment, cottage, on the secondary market or in new building, how many rooms, to choose further suitable credit program and calculate all costs for it.

-Bank choice.It will be necessary to choose from a great number of existing banks and mortgage programs approaching for you on all parameters the credit program. In this case you can address to the employee of the bank, which itself will pick up the program meeting your requirements, desires and possibilities; will correctly prompt how to make all necessary papers including request for the credit, or will try to understand it independently, having studied all offered mortgage programs of various banks, then having compared them, choose for yourself the most suitable variant.

-Expenses on the mortgage.Now you should be defined with the credit sum, interest rates and crediting terms. At mortgage registration it is necessary not to forget that there are additional fees for granting and credit service. It is better to take an interest at once, what single payments to you will be necessary for making in addition, and what additional expenses to you should be incurred during all credit period. Independently estimate own forces you can use mortgage loan calculators which are presented on sites of various banks, and calculate the sum of monthly payments.

-Basic expenses provided by banks according to their operating tariffs at registration of the mortgage loan: registration of insurance of real estate, commission for consideration and giving of credit request, for credit issuance, presence of the penalty for prescheduled repayment of the credit and other additional expenses depending on conditions of various banks.

Important:Carry out all payments on the mortgage loan precisely in time. Be ready to that it will be necessary for you to notify bank on each step, whether it be work change, marriage, birth of children or re-planning of purchased habitation under the mortgage. It is necessary for the bank guarantees of that you can return the sum and percent for using a mortgage loan, therefore be ready to undergo the whole procedure and answer many questions. What income you have, what kind apartment you want to get, and for what sum, and how many money can pay as down payment? Besides, many banks for registration of the mortgage require presence of guarantors. In a case if, you can't return the credit, the bank will collect it from your guarantors.

Also try not to hurry up with signing of documents (contract of the mortgage and other documents) without familiarity with them. Ask copies of contracts, attentively familiarize with them and if you had questions try to solve them beforehand till the moment of signing of documents.

Into the standard set of documents for mortgage loan obtaining includes usually following documents:
1. Original and copy of the identification card of the Applicant, the Depositor, (Co-borrower (s), the Guarantor).
2. Original and copy of the certificate on conclusion (cancellation) of marriage, or notarially certified statement for civil solvency of the Depositor (under established form of the Bank).
3. Original of the inquiry on salary from operating place of work during the period not less than last 6 months, with indicating of all deduction provided by legislation of the RK, signed by the chief accountant of the organization or the person, its acting, assured by the stamp.
4. Original of the extract from the individual pension account during the period not less than last 6 months, from saving pension fund behind the authorized signature, assured by the stamp of saving pension fund.
5. Original and copy of the contract of the bank loan with repayment schedule, in case of presence at the Applicant, Co-borrower (s), the Guarantor of available obligations under loans of other banks and organizations.
 

In case of need the Bank can request additional documents.

Acceptance by the bank of the decision on mortgage loan granting can occupy from several days to several weeks, therefore if you don't define up to the end yet with housing, you will be provided with time for search of suitable apartment. Then you bring all necessary documents, and the bank surveys correctness of registration. Further after consideration of the request and making of the positive decision the bank for definitive signing of the credit contract spends an estimation of housing and signing of the contract of obligatory insurance of real estate expenses on which immediately carries the borrower - it's obligatory action at mortgage loan registration.

Now amendments to the legislation on protection of rights of consumers of financial services have been confirmed by the President of Kazakhstan. The law "On including alterations and amendments in some acts of the Republic of Kazakhstan concerning questions of the mortgage lending and protection of rights of consumers of financial services and investors", is referred on intensifying of protection of rights of consumers of financial services, granting to citizens of guarantees at the mortgage lending, and also intensifying of responsibility of officials of joint-stock companies. Amendments regulate the most different questions of the mortgage lending. According to amendments, the annual effective rate of compensation under credits which have been given out by banks, organizations which carrying out separate kinds of bank operations, micro-credit organizations and credit associations, can't exceed the eightfold size of the official rate of refinancing of the National bank at date of the loan agreement conclusion. Besides, the law provides that the contract can't contain a condition providing the right of the bank or other legal entity, the authorized state structure having the license for granting of loans in the monetary form, on unilateral change of treaty conditions. According to the document, indexation of obligation and payments under the contract of the bank loan isn't supposed. This restriction doesn't extend on contracts concluded between banks. According to the amendments, the maximum annual effective interest rate on bank loans, microcredits, loans provided by second-tier banks, organizations engaged in certain types of banking operations, microfinance and microcredit organizations and credit partnerships cannot exceed 56 (fifty six) percent. In addition, the law provides that a contract may not contain a condition providing for the right of a bank or other legal entity licensed by the authorized state body to provide loans in cash, to unilaterally amend the terms of the contract. According to the document, indexation of liabilities and payments under the bank loan agreement is not allowed. This restriction does not apply to contracts concluded between banks. The law contains a rule according to which the total amount of penalties (fine) under the bank loan agreement concluded with an individual, including the mortgage loan agreement, may not exceed ten percent of the loan amount. According to the amendments, banks and organizations engaged in certain types of banking operations are required to specify in bank loan agreements the full list of commissions and their amounts to be charged within the framework of the loan granted, and may not unilaterally introduce new types of commissions within the framework of the concluded agreement