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Knowledge empowers. Learn about mortgage and how to get the best out of the deal.

Process explained


Use helpdesk and see most frequently asked questions
The initial positive analysis of Movin informs you that you have a good chance of success when applying to various banks for your mortgage loan. The analysis will be made not only on the basis of the data you have entered into the application but also on the basis of verified income, liabilities and credit history. There are many reasons for using the MOVIN platform. The most important reason is that you will get an accurate picture of what loan amount you can get. This will certainly help you focus on selecting the right properties, it will save time by focusing only on properties that really fall within your price range. 
Pre-approval is the underwriting decision (conditional approval) that you are conditionally qualified and is subject to the lender’s review  (unconditional approval) of your completed application, verification of your income, assets, employment history, credit check, appraisal and other determining factors. The Pre-approval lists one or more conditions you must meet before the lender will issue a loan commitment. The conditions include submission of required documents to complete your mortgage package.

A pre-approval is a written statement from MOVIN stating the MOVIN’s preliminary determination that a borrower would qualify for a particular loan amount under that MOVIN’s guidelines. The determination and loan amount are based on income and credit information. Thus the pre-approval can then help you find a home that is within your loan amount range. There are many reasons why you should get pre-approved. The most important reason is that you will get an accurate idea of how much home you can afford. This can help to target your home search and ensure you only look at houses that are truly in your price range. Once the MOVIN has enough information to approve your loan, we issue a unconditional approval.


Understand exactly what your loan offer and agreement say

Gradual reduction of the mortgage debt through periodic payments scheduled over the mortgage term.
The person who qualifies for the loan and is obligated to repay the loan and other additional payments defined in accordance with the terms of the loan.
A monthly payment that needs to be made by the borrower. The monthly payment covers a portion of the principal amount and the interest on the loan.
Covering debt through a new loan using the same property as collateral.
A full-fledged debtor who owns part of the total loan amount or the property, but who is not the main borrower.
A situation in which the debtor is no longer able to settle his or her debt obligations and can dispose of them by transferring his or her property to cover creditors' liabilities. Insolvency can be determined and confirmed by the court.
The total cost to the borrower expressed as an annual percentage of the loan amount granted to the borrower. Total costs include interest payments, fees, and other loan-related costs.
The total borrower's liabilities to the lender. Usually, it consists of the principal amount of the loan, accrued interest, contractual penalty and interest on arrears.

Make a step towards your new home.

Get pre-approved!