Mortgage, in Turkish meaning; Tutsat[1] is an economic term that means the purchase of a holding, mortgaged sale, pledged sale or mortgage with borrowed money by showing itself as security.
Held sales are generally used for purchases of real estate (mostly buildings). In such sales, monetary institutions retain the authority to confiscate real estate until the loan amount (loan) is repaid.[2] This holding is a guarantee for the money loaned by monetary institutions. This method allows natural or legal persons to buy the property, even if it is not worth the amount of money at the beginning, to pay it piecemeal within a period of usually 15-30 years (in Turkey, this period is a maximum of 10 years) and eventually own it completely. Once the payment is complete, the tutu status disappears.
In repayment of the amount borrowed with the tutu method, different monetary structures are usually used depending on the tax laws in that country and the risks that the borrower may take. For example, in countries where debt interest is tax deductible (such as the United States), the debtor may deduct the interest portion of repayments from his income.
In many countries, especially in developed economies, it is very common for home and workplace purchases to be made by tutu method.
The amount borrowed depends on the borrower’s repayment capacity (usually calculated after subtracting expenses from monthly income) and the “Immediate Redeemable Value” (HPV) of the real estate to be purchased. The HPPV is usually between 75% and 90% of the value of the property and corresponds to the amount at which the property can be immediately sold by the monetary institution if the debt is not paid. In case of delay in payments, monetary institutions may request the sale of the held property in order to collect the entire remaining debt, and in case the sale cannot meet the debt, they reserve the right to pursue execution proceedings against the debtor.
In repayment of the amount borrowed with the tutu method, different monetary structures are usually used depending on the tax laws in that country and the risks that the borrower may take. For example, in countries where debt interest is tax deductible (such as the United States), the debtor may deduct the interest portion of repayments from his income.
In many countries, especially in developed economies, it is very common for home and workplace purchases to be made by tutu method.
Housing Loan Terms of Use in Turkey
When using a housing loan for the house you will buy, you can use a loan amounting to 90% of the appraisal value of the house at most. You are requested to offer a 10% down payment.
The house you will buy is pledged by the bank. The mortgage amount is generally applied as 2 times the loan amount you have withdrawn.
Banks may also request a non-mortgage guarantor according to the credit score and income of the customer.
Every citizen over the age of 18 can apply for housing loans as long as they meet the necessary conditions.
The highest maturity number in housing loans was determined as 120 months.
Since the repayment period in housing loans is long, banks generally impose a life insurance obligation.
Documents required for housing loan:
Application form
Birth certificate
income certificate
Deed copy
appraisal report
Condominium servitude for unfinished buildings
Copy of trade registry gazette for company owners
- what is a mortgage
- what is a mortgage broker
- what is a mortgage note
- what is a mortgagee
- what is a mortgage rate
- what is a mortgage backed security
- what is a mortgage loan originator
- what is a mortgage clause
- what is a mortgage buydown
- what is a mortgage lender
- what is a mortgage loan
- what is a mortgage statement
- what is a mortgage assumption
- what is a mortgage advisor
- what is a mortgage assignment
- what is a mortgage arm
- what is a mortgage and how does it work
- what is a mortgage acquisition date
- what is a mortgage application
- what is a mortgage agreement
- what is a mortgage appraisal
- what is a mortgage apr
- what is the average interest rate on a mortgage
- what is a reverse mortgage and how does it work
- what is a mortgage pre approval
- what is a arm mortgage
- what is an underwriter for a mortgage
- what is a adjustable rate mortgage
- what is a reverse mortgage pros and cons
- what is an interest rate on a mortgage
- what is a mortgage bond
- what is a mortgage banker
- what is a mortgage balance
- what is a mortgage broker salary
- what is a mortgage by down
- what is a mortgage balloon payment
- what is a mortgage buyout
- what is a buy to let mortgage
- what is a balloon mortgage
- what is a bridge loan mortgage
- what is a blanket mortgage
- what is a balloon payment on a mortgage
- what is a vendor take back mortgage
- what is a mortgage bank
- what is a mortgage credit certificate
- what is a mortgage company
- what is a mortgage commitment
- what is a mortgage contingency
- what is a mortgage constant
- what is a mortgage coupon
- what is a mortgage call report
- what is a mortgage commitment letter
- what is a mortgage calculator
- what is a conventional mortgage
- what is a chattel mortgage
- what is a reverse mortgage canada
- what is a commercial mortgage
- what is a chip reverse mortgage
- what is the current interest rate on a mortgage
- what is the cost to refinance a mortgage
- what is a conditional mortgage approval
- what is a mortgage deed
- what is a mortgage default
- what is a mortgage discharge
- what is a mortgage definition
- what is a mortgage document
- what is a mortgage deduction
- what is a mortgage disclosure
- what is a mortgage discount point
- what is a mortgage deed of trust
- what is a mortgage deferment
- what is the debt to income ratio for a mortgage
- what is a mortgage deposit
- what is a second mortgage and how does it work
- what is discount points on a mortgage
- what is a 5 deposit mortgage
- what is a mortgage interest deduction
- what is a mortgage escrow
- what is a mortgage exemption
- what is a mortgage escrow account
- what is a mortgage economics
- what is a mortgagee clause
- what is a mortgage escrow balance
- what is a mortgage extension
- what is a mortgage equity loan
- what is a mortgage endorsement
- what is a mortgage equity
- what is escrow on a mortgage
- what is a home equity conversion mortgage
- what is a mortgage note example
- what is a letter of explanation for mortgage
- what is the penalty for paying off a mortgage early
- what is a shared equity mortgage
- what is an early repayment charge on a mortgage
- what is a blend and extend mortgage
- what is a mortgage forbearance
- what is a mortgage foreclosure
- what is a mortgage field inspector
- what is a mortgage factor
- what is a mortgage for a house
- what is a mortgage for
- what is a mortgage free home
- what is a mortgage float down
- what is a mortgage fund
- what is a mortgage forbearance plan
- what is a fixed rate mortgage
- what is a 30 year fixed mortgage rate
- what is the interest rate for a mortgage
- what is the average interest rate for a mortgage
- what is a first time buyer mortgage
- what is a pre approval for mortgage
- what is a guarantor for a mortgage
- what is pmi for a mortgage
- what is a freedom mortgage
- what is a mortgage grace period
- what is a mortgage guarantee fee
- what is a mortgage guarantor
- what is a mortgage guarantee
- what is a mortgage grant
- what is a mortgage guaranty insurer
- what is a mortgage gift letter
- what is a mortgage gift
- what is a mortgage guarantee scheme
- what is a mortgage grantor
- what is a good mortgage rate
- what is a good mortgage rate uk
- what credit score is needed to get a mortgage
- what is a guarantor mortgage
- what is a good credit score for a mortgage
- what is a gse mortgage
- what is a green mortgage
- what is a gift letter for mortgage
- what is a graduated payment mortgage
- what is the grace period on a mortgage
- what is a mortgage holder
- what is a mortgage hard inquiry
- what is a mortgage hardship
- what is a mortgage house
- what is a mortgage how does it work
- what is a mortgage holiday
- what is a mortgage holder mean
- what is a mortgage host
- what is a mortgage heloc
- what is a mortgage home
- what is hazard insurance on a mortgage
- what is a high ratio mortgage
- what is a heloc mortgage
- what is a halal mortgage
- what is a house mortgage
- what is the mortgage on a 300k house
- what is a help to buy mortgage
- what is the mortgage on a 500k house
- what is a mortgage insurance premium
- what is a mortgage interest rate
- what is a mortgage insurance
- what is a mortgage in monopoly
- what is a mortgage interest statement
- what is a mortgage insurance disbursement
- what is a mortgage inspection
- what is a mortgage interest rate today
- what is a mortgage in real estate
- what is a mortgage in principle
- what is the interest rate on a mortgage
- what is a interest only mortgage
- what is pmi in a mortgage
- what is a recast in mortgage
- what is a mortgage jumbo loan
- what is a mortgage judgement
- what is a mortgage job
- what is a jumbo mortgage
- what is a jumbo mortgage 2022
- what is a jumbo mortgage 2021
- what is a jumbo mortgage rate
- what is a jumbo mortgage in ny
- what is a junior mortgage
- what is a joint mortgage
- what is a jumbo mortgage loan
- what is a judgement mortgage
- what is a jumbo reverse mortgage
- what is a joint borrower sole proprietor mortgage
- what is the job of a mortgage broker
- i don’t know what a tracker mortgage is
- what kind of interest is a mortgage
- what kind of loan is a mortgage
- what is a kickback in mortgage
- what is a kfi mortgage
- what kind of lien is a mortgage
- what is a keystart mortgage
- what is a key worker mortgage
- buy to let mortgage
- what is a turn key mortgage
- what is a mortgage loan officer
- what is a mortgage lien
- what is a mortgage loan originator salary
- what is a mortgage loan modification
- what is a mortgage license
- what is a mortgage loan processor
- what is a mortgage loan commitment
- what is a lifetime mortgage
- what is a mortgage broker vs lender
- what is a mortgage modification
- what is a mortgage maturity date
- what is a mortgage modification agreement
- what is a mortgage market
- what is a mortgage made up of
- what is a mortgage mean
- what is a mortgage manager
- what is a mortgage mip
- what is a mortgage modification policy
- what is a mortgage modification loan
- what is a purchase money mortgage
- what is a fannie mae mortgage
- what is a mers mortgage
- what is a mortgage moratorium
- what is a movement mortgage
- what is the mortgage rate for a 30 year mortgage
- what is mortgage insurance on a mortgage
- what is a mortgage and mortgage note
- what is the meaning of a mortgage
- what is a mortgage note document
- what is a mortgage novation
- what is a mortgage number
- what is a mortgage note rate
- what is a mortgage note look like
- what is a mortgage network
- what is a mortgage nz
- what credit score is needed for a mortgage
- what is a reverse mortgage nz
- what income is needed for a 400k mortgage
- what is a non qualified mortgage
- what is a non qm mortgage
- what income is needed for a 300k mortgage
- what income is needed for a 200k mortgage
- what is a naca mortgage
- what is a mortgage originator
- what is a mortgage origination fee
- what is a mortgage on a house
- what is a mortgage on a 400k house
- what is a mortgage on a 300 000 house
- what is a mortgage on 200k
- what is a mortgage officer
- what is a mortgage on a 700 000 home
- what is a mortgage on a 500k house
- what is a mortgage or deed of trust
- what is pmi on a mortgage
- what is a offset mortgage
- what is points on a mortgage
- what is a forbearance on a mortgage
- what is a recast on a mortgage
- what is the definition of a mortgage
- what is the rate on a 30 year mortgage
- what is a mortgage payment
- what is a mortgage point
- what is a mortgage principal
- what is a mortgage protection plan
- what is a mortgage processor
- what is a mortgage payoff
- what is a mortgage payment on 500k
- what is a mortgage promissory note
- what is a mortgage payment on 200k
- what is porting a mortgage
- what is preapproval for a mortgage
- what is a mortgage quizlet
- what is a mortgage quote
- what is a mortgage questionnaire
- what is a mortgage qualifying rate
- what is a qualified mortgage
- what is a qualified mortgage credit certificate
- what is a qm mortgage loan
- what is a quest mortgage
- what is a qualified mortgage with safe harbor
- what is a quality mortgage
- what is the qualifying rate for a mortgage in canada
- what is the quickest way to pay off a mortgage
- what is qualifying income for a mortgage
- what is a payoff quote mortgage
- what is a mortgage recast
- what is a mortgage rate buydown
- what is a mortgage reit
- what is a mortgage release
- what is a mortgage refinance
- what is a mortgage rate today
- what is a mortgage rider
- what is a mortgage review
- what is a mortgage recruiter
- what is a reverse mortgage
- what is refinancing a mortgage
- what is a variable rate mortgage
- what is a rocket mortgage
- what is a mortgage servicer
- what is a mortgage survey
- what is a mortgage simple definition
- what is a mortgage score
- what is a mortgage subsidy
- what is a mortgage security
- what is a mortgage satisfaction
- what is a mortgage subordination
- what is a mortgage swap
- what is a second mortgage
- what is a subprime mortgage
- what is a second charge mortgage
- what is a shared ownership mortgage
- what is a mortgage stress test
- what is a second mortgage on a home
- what is a subject to mortgage
- what is a mortgage specialist
- what is a mortgage tax
- what is a mortgage term
- what is a mortgage trust
- what is a mortgage title
- what is a mortgage transfer
- what is a mortgage tradeline
- what is a mortgage tax credit
- what is a mortgage trustee
- what is a mortgage takeover
- what is a mortgage transfer tax
- what is a tracker mortgage
- what is the pmi on a mortgage
- what is the rate for a 30 year mortgage
- what is the principle of a mortgage
- what is a mortgage underwriter
- what is a mortgage used to purchase
- what is a mortgage used for
- what is a mortgage used to purchase quizlet
- what is a mortgage upgrade
- what is a mortgage underwriter salary
- what is a mortgage underwriter do
- what is a mortgage underwriters job
- what is a mortgage upgrade rocket mortgage
- what is a mortgage uk
- what is a good credit score for a mortgage uk
- what is a usda mortgage
- what credit score is used for a mortgage
- what fico score is used for a mortgage
- what is the underwriting process for a mortgage
- what is the average interest rate on a mortgage uk
- what is the maximum age for a mortgage uk
- what is a mortgage verification
- what is a mortgage value
- what is a mortgage vs loan
- what is a mortgage valuation
- what is a mortgage valuation survey
- what is a mortgage variable rate
- what is a mortgage valuation report
- what is a mortgage valuation fee
- what is a mortgage variation agreement
- what is a mortgage valuation appointment
- what is a variable mortgage
- what is a verification of mortgage
- what is a va mortgage
- what is a loan to value mortgage
- what is a fixed variable mortgage
- what is a mortgage wrap
- what is a mortgage wholesaler
- what is a mortgage warranty
- what is a mortgage warehouse
- what is a mortgage with future advance clause
- what is a mortgage write off
- what is a mortgage wholesale lender
- what is a mortgage with an arm
- what is a mortgage waiver
- what is a wrap around mortgage
- what is a wholesale mortgage
- what is escrow with a mortgage
- what is a mortgage with points
- what is a mortgage with a balloon payment
- what is pmi with a mortgage
- what is xactus mortgage
- how much mortgage can i afford
- how much mortgage can i get
- how much mortgage could i get
- current mortgage rate
- what is reg x mortgage
- what does a variable mortgage mean
- what is a mortgage button
- how does a 30 year mortgage work
- x mortgage
- what exactly is mortgage
- what does a mortgage include
- how to explain a mortgage
- what is a mortgage yield
- what is a mortgage year
- what is a 30 year mortgage rate today
- what is a 15 year mortgage rate
- what is a 5 year mortgage rate
- what is a 40 year mortgage
- what is a 10 year mortgage rate
- what is a 20 year mortgage rate
- what is a 5 year mortgage
- what is a 50 year mortgage
- what is a 5 year arm mortgage rates
- what is a 2 year fixed rate mortgage
- what is a 30 year jumbo mortgage rates
- what is a 5 year fixed rate mortgage
- what is the amortization schedule for a 30 year mortgage
- what is a 10 year fixed mortgage rate
- what is zillow mortgage
- what is zip mortgage
- what is reg z mortgage
- what z mortgage
- what is a zero down mortgage
- what is a zero point mortgage
- what is a zero interest mortgage
- what is a 1003 mortgage application
- what is considered a mortgage
- what is a mortgage adjustment
- is a tracker mortgage the same as a variable mortgage
- what is 1003 in mortgage
- how does a closed variable mortgage work
- what is a 0 mortgage
- what is a 300 000 mortgage payment
- what is a 400 000 mortgage
- what is a mortgage on 500 000
- what is a mortgage on 600 000
- what is a 200 000 mortgage
- what is a mortgage on 250 000
- what is a mortgage on 350 000
- what is a mortgage on 220 000
- what is a mortgage on 450 000
- what is the monthly payment on a $600 000 mortgage
- what is the payment on a $300 000 mortgage
- what is the mortgage payment on a $400 000 house
- what is the payment on a 100 000 mortgage
- what is the payment on a 500 000 mortgage
- what is the payment on a $200 000 mortgage
- what is the payment on a 450 000 mortgage
- what is the payment on a $700 000 mortgage
- what is the mortgage payment on a $350 000 house
- what is the payment on a $250 000 mortgage
- what is a mortgage 1098
- what is a mortgage 1003
- what is a mortgage 1008
- what is a mortgage 1099
- what is a 100 mortgage
- what is a 1st mortgage
- what is a 110 mortgage
- what is a 10 mortgage
- what is a 125 mortgage
- what is a 10/6 arm mortgage
- what is a 10 year arm mortgage
- what is a 10 over 30 mortgage
- what is a 1098 form mortgage
- what is the payment on a 150 000 mortgage
- what is a 10 year fixed mortgage
- what income is needed for a 150k mortgage
- what is a mortgage 2/1 buydown
- what is a 2nd mortgage
- what is a 2nd mortgage on home
- what is a 203k mortgage
- what is a 2nd mortgage lien
- what is a 2nd mortgage charge
- what is a good mortgage rate 2021
- what is the monthly payment on a 200k mortgage
- what is the mortgage on a 250k house
- what is a 2nd charge mortgage
- what is a 2nd lien mortgage
- what income is needed for a 250k mortgage
- what is a 3rd mortgage
- what is a 3 mortgage
- what is a mortgage on 300k
- what is a mortgage on 30000
- what is a mortgage for 35000
- what is mortgage 365
- what is a section 35 mortgage
- what is a mortgage payment on 340 000
- what is a 10/30 mortgage
- what is a 30 year fixed mortgage
- what is the monthly payment on a 300k mortgage
- what is the payment on a 350k mortgage
- what is a 30 due in 15 mortgage
- what is a 30 year mortgage calculator
- what is a mortgage on 400k
- what is a mortgage for 200k
- what is a 401k home loan
- what is a second mortgage for
- what is a mortgage loan for
- what is a mortgage insurance for
- what is a mortgage broker for
- what is a mortgage valuation for
- what is a mortgage deed for
- what is the monthly payment on a 400k mortgage
- what is the average mortgage for a 40 year old
- what income is needed for a 450k mortgage
- what is the payment on a 40000 mortgage
- what is a 40 year interest only mortgage
- what is a mortgage payment on 4000
- what is a mortgage on 40000
- what is a 5 mortgage
- what is a mortgage on 50000
- what is a mortgage on 55000
- what is mortgage 5 1 arm
- what is a 50 50 mortgage
- what is a mortgage payment on 550k
- what is a mortgage payment on 5 million
- what is a mortgage payment on 50000
- what is a mortgage payment on 5000
- what is the monthly payment on a 500k mortgage
- what income is needed for a 500k mortgage
- what is the mortgage on a 550k house
- what is the payment on a 50000 mortgage
- what is the average mortgage for a 50 year old
- what is a 5/1 arm mortgage
- what is a 6 mortgage
- what is a 62+ mortgage
- what is a 60000 mortgage payment
- what is a mortgage for 60000
- what is a mortgage on 65000
- what is a 10/6 mortgage
- what is a mortgage payment on 650k
- what is a 7/6 mortgage
- what is a 5/6 mortgage
- what is the mortgage on a $650 000 house
- what income is needed for a 600k mortgage
- what is the monthly payment on a 60 000 mortgage
- what is the mortgage rate for a 620 credit score
- what is the payment on a 65000 mortgage
- what is a mortgage payment on 600
- what is a 5/6 arm mortgage
- what is the monthly payment on a 700k mortgage
- what is the payment on a 750 000 mortgage
- what income is needed for a 700k mortgage
- what is the payment on a 70000 mortgage
- what is the payment on a 75000 mortgage
- what is a 75 mortgage
- what income is needed for a 750k mortgage
- what is a mortgage on 75000
- what is a mortgage on 70000
- what is a mortgage payment on 700
- what is a mortgage on 800 000
- what is a mortgage on 80000
- what is a mortgage on 85000
- what is a mortgage on 88000
- what is a mortgage on 84000
- what is a mortgage payment on 80k
- what is a mortgage payment on $80000
- what is a mortgage payment on 85k
- what is a mortgage payment on 85000
- what is 8twelve mortgage
- what is the monthly payment on a 800k mortgage
- what income is needed for a 800k mortgage
- what is the monthly payment on a 80 000 mortgage
- what is a 80 10 10 mortgage loan
- what is the mortgage on a 800k home
- what is a 80 20 mortgage loan
- what is the payment on a 80000 mortgage
- what is the mortgage on a 80 000 home
- what is the mortgage on a 800k house
- what is a 80/20 mortgage
- what is a 95 mortgage
- what is a 90 mortgage
- what is a $900 mortgage payment
- what is a mortgage on $98000
- what is a mortgage on 90000
- what is a conventional 97 mortgage
- what is a mortgage payment on 90000
- what is a mortgage payment on 93000
- what is a mortgage payment on 97000
- what is 95 mortgage guarantee scheme
- what is the monthly payment on a 900 000 mortgage
- what is the mortgage on a 900k house
- what is the payment on a 90000 mortgage
- what is the monthly payment on a 90 000 mortgage
- what is a 90 letter mortgage
- what is the monthly payment on a 95000 mortgage
- what income is needed for a 900k mortgage
- what is a 95 ltv mortgage
